Sluggish demand growth for liquefied natural gas (LNG), combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis (IEEFA). As major importing regions—including …
What if the average Indian was 30 per cent richer than the average Chinese? For one, India's per capita income would be $8,500 instead of $1,500 that it is today. That would also make India the world's second largest economy at close to $8 trillion. What if populist measures like …
As a national development model that simultaneously pursues socio-economic progress and environmental conservation, the Green Growth concept is being tested in countries around the world through context-specific policies and projects. This report reviews Green Growth policy actions related to agriculture and climate change by eight countries – Mexico, Vietnam, Rwanda, …
Greenhouse gas emissions need to decrease substantially to limit global average temperature to a maximum of 2°C warming above the pre-industrial level in 2100. Emerging economies are of increasing importance in this global effort. This report ssess how ambitious emission reduction pledges of emerging economies are compared to business as …
Australia's neighbours in Asia - especially China - are emerging as the countries best placed to prosper from moves to cut greenhouse gas emissions, an international study has found. In their second study of the ''low carbon competitiveness'' of the world's largest economies, multinational GE and the Climate Institute found …
The incident occurred at a factory in the southeastern industrial city of Gumi, where a hydrochloric acid leak at another factory last September left more than 3,000 people seeking medical treatment. Tuesday’s leak involved around one litre (around one quart) of chlorine gas and was contained within minutes, a city …
Administration says issues with villagers sorted out through dialogue, acquisition peaceful Realising that the Land Acquisition Bill, already cleared by the Union Cabinet, would put land procurement for big-ticket industrial projects in a quandary, the Odisha government has resumed land acquisition for the showpiece Posco project at a frenzied pace. …
The Centre may set up an inter-ministerial group (IMG) for suggesting ways to fast-track clearance for South Korean steel major Posco’s $12-billion investment plans in Odisha, which are mired in land and environment controversies. “The Government may set up an inter-ministerial group to sort out environment and other clearance problems …
South Korea says its third attempt at launching a rocket to put a satellite in space has been a success. The Korea Space Launch Vehicle-1 (KSLV-1) blasted off from the Naro Space Center at 16:00 (07:00 GMT). Science Minister Lee Ju-ho said the satellite, which will collect climate data, was …
Greenland is less vulnerable than expected to a runaway melt that would drive up world sea levels, according to scientists who found that only a quarter of the ice sheet thawed in a warm period more than 100,000 years ago. The study, involving 300 experts from 14 nations, implied that …
Governments like to cite external constraints—such as meeting the conditions for an international bail-out—when pushing through unpopular policies. But with measures to deal with climate change, the opposite prevails. Each round of intergovernmental talks on cutting emissions and compensating victims seems to achieve less than the one before. Meanwhile, according …
ISLAMABAD: Some South Korean companies are helping Pakistan in generation of 353 megawatts (MW) hydropower through different schemes, sources told Daily Times here on Tuesday. The sources claimed that South Korea is cooperating with Pakistan in the projects of water and power. A company namely ‘Star Hydropower Ltd’, owned by …
Investment in clean energy projects dipped 11 per cent last year, according to new figures from Bloomberg New Energy Finance (BNEF), which confirmed the $268.7bn invested still made 2012 the second most successful year on record for the global clean energy sector. The analyst firm also revealed the rapid expansion …
Increasing protests against land grabs is one of India’s most pressing development challenges, said experts from international organisations working on natural resources, ecology and livelihoods. The Right and Resources Initiative (RRI), a US-based organisation, and the Society for Promotion of Wastelands Development (SPWD), a non-government organisation, have blamed the Indian …
Used by governments for decades, market-based policies are mechanisms to control environmental pollution at various leverage points. They work by changing relative prices – raising the cost of emissions-intensive activities and/or lowering the cost of lower-emitting alternatives – to provide producers and consumers with a financial incentive to adopt the …
International health activists have stepped up pressure on Thailand and other Asian countries to ban the use of asbestos. The Asian Ban Asbestos Network (Aban) issued a declaration at its meeting in Bangkok yesterday. The delegates, who came from many Asian countries including India, Bangladesh, Iran and Indonesia, agreed urgent …
World Resources Institute identifies 1,200 coal plants in planning across 59 countries, with about three-quarters in China and India More than 1,000 coal-fired power plants are being planned worldwide, new research has revealed. The huge planned expansion comes despite warnings from politicians, scientists and campaigners that the planet's fast-rising carbon …
South Korea is to hold public consultations on where to store waste nuclear fuel as storage capacity at its reactors is reaching full capacity, the government said on Tuesday. The plan to set up an independent consultative body comes as South Korea grapples with its worst nuclear crisis ever after …
California is set to unveil a new weapon in its fight against global climate change on Wednesday when it holds its first sale of carbon emissions permits - a landmark experiment that it hopes will serve as a model for other U.S. states and the federal government. The state's carbon …
China said on Thursday that it would launch anti-dumping and anti-subsidy investigations into imported European Union solar-grade polysilicon, in the latest instance of tit-for-tat trade tensions in the global solar industry. The move comes as the EU's executive body mulls duties targeting Chinese solar producers, a probe launched in September …
China launched anti-dumping and anti-subsidy investigations into imports of solar-grade polysilicon from the European Union, the Ministry of Commerce said on Thursday. Solar-grade polysilicon is one of the main materials in solar panels. The investigations will be combined into the ongoing probes into imports of the same product from the …