The European Commission’s decision to exclude two key ozone-depleting gases from the purview of carbon trading from 2013 would have negative implications for global warming. The two industrial emissions marked for this purpose are Hydrofluorocarbon-23 (HFC-23), essentially trifluoromethane, and nitrous oxide. These are highly potent greenhouse gases (GHGs) that together account for the bulk of the trade under the EU’s emission trading system, which is, by far, the world’s largest...

Nitish calls for balanced view on proposed plant in Chainpur Agitators allege misinformation on perceived hazardous fallouts of proposed plant “17.8 acres of land acquired to set up the factory is cultivable, fertile” Taking note of the mounting public uproar against the proposed asbestos factory at Bishnupur-Chainpur village in Muzaffarpur district, Bihar Chief Minister Nitish Kumar on Monday said “there was no ban on setting up asbestos factories in India.” Mr. Kumar, however, said...

Next time you help yourself to some sea food, you could be helping save the planet. Agricultural experts believe that in the wake of rising sea level and shrinking cultivable land in the country due to climate change, sea could be the key to ensuring food security. "The rising sea has eaten away lands, especially farmlands. In fact, large tracts of farmlands in the coastal belt of the state, especially...

Mahatma Gandhi National Rural Employment Guarantee Act is showing better success of creating assets — ponds or roads — in the two Left ruled states. BJP-ruled states  Gujarat and Madhya Pradesh are laggards, but some Congress states such as Andhra Pradesh and Rajasthan, too, are at the bottom. “Real successes of MGNREGA is when land resources are regenerated letting lakhs of marginal farmers go back to agriculture — bringing down the need...

While monetary policy is an important element of the artillery against inflation — and with the 25 basis point hike, the RBI did part of what it was expected to do to tighten policy — there is the fiscal task too. As Raghuram Rajan, adviser to Prime Minister Manmohan Singh, points out, the Centre must control expenditure, cut subsidies and not start new spending programmes. Fiscal deficits are large and rising...