Climate Change

11th December – Climate treaty at a tipping point

The annual Climate Summit, with increasing levels of concentration of greenhouse gases, raises questions on global climate policy. Issue – The policy problem is that the Climate Treaty considers symptoms (emissions of greenhouse gases), rather than the causes (use of natural resources). What drove climate change? Three shifts in natural resource use have taken place …

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14th November – India walks its green talk

Among the world’s major economies, India seems the most serious about doing its bit to contain climate change. So suggests a report released by Climate Transparency, a global non-government organisation. Details – Its Brown To Green Report 2019 has reportedly noted that ours is the only country among G20 nations that is close to its …

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17th October – What a carbon tax can and can’t achieve against climate change?

Profound uncertainty about the impact of climate change means that estimates of the social cost of carbon have been all over the place. Consider two of the most influential estimates that were released in recent years. Nicholas Stern of the London School of Economics estimated it at $85 per tonne of carbon. William Nordhaus of …

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Cabinet approves ratification of the Second Commitment Period

Cabinet approves ratification of the Second Commitment Period of Kyoto Protocol to the United Nations Framework Convention on Climate Change  The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to ratify the Second Commitment Period of the Kyoto Protocol on containing the emission of Green House Gases (GHGs). The second …

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