In response to growing frustration that the U.N. climate negotiations are not producing real-world results, individual nations, states and business are cobbling together patchwork solutions to preserve forests, produce clean energy and scrub pollution from the air.Under this new approach, businesses in California will offset their greenhouse gas emissions by funding tropical forest preservation in Mexico and Brazil; Japan will help pay for nuclear power plants in developing nations; and...

ALMOST any night of the week, Barkha Dutt can be found under the harsh glare of television lights, asking tough questions and demanding frank answers. But last Tuesday Ms. Dutt, the most famous face of India’s explosively growing 24-hour cable news business, found herself the subject of the kind of grilling she normally metes out.Before a jury of four of her peers, she parried questions and struggled to control her...

Jairam Ramesh, India's environment minister, will make a decision in the next week that could define the future of the country: whether to approve a $12 billion South Korean-owned steel plant, the largest potential foreign direct investment ever on the subcontinent. The plant, proposed by South Korea's Posco, has been in the works for years. It already has been cleared by the environment ministry, which Mr. Ramesh runs, and endorsed by...

MP Shivajirao Adhalrao-Patil on Sunday said the new Pune airport plan remained a non-starter because of lack of serious efforts on part of government officials to convince farmers about its need. Adhalrao, considered an opponent of the airport plan in Chakan area, was at pains to say that he was not anti-development. “Rather than my stand, it would have been better if the officials had taken efforts to explain to farmers...

India’s rapidly growing private microcredit industry faces imminent collapse as almost all borrowers in one of India’s largest states have stopped repaying their loans, egged on by politicians who accuse the industry of earning outsize profits on the backs of the poor. The crisis has been building for weeks, but has now reached a critical stage. Indian banks, which put up about 80 percent of the money that the companies...