The National Biodiversity Authority has released a new set of rules to manage sharing of benefits generated through the use of biological resources. The Biological Diversity (Access to biological Resources and Knowledge Associated thereto and Fair and Equitable Sharing of Benefits) Regulation 2025 was approved by the Central government and …
Climate policy debates often feature discussions about the role of a carbon tax, either as an alternative or a supplement to a cap-and-trade program. This fact sheet describes the similarities and differences between the two policy approaches and answers other common questions about a tax on carbon.
The need for a reduction in carbon emissions was debated at the United Nations Conference on Environment & Development (The Earth Summit) in Rio de Janeiro in 1992, resulting in the adoption of United Nations Framework Convention on Climate Change (UNFCCC), an international treaty on environment. The Kyoto Protocol, 1998, …
the European Union (eu) is mulling a "controversial' greenhouse gas reduction plan, through which it will impose a carbon tax on goods imported from countries with no emission curbs under the Kyoto regime. The tariff, seen as a threat to international trade, is part of eu's "carbon equalization system'. India …
This book looks at methods to maintain a level playing field for US industry under domestic climate policy. Through an assessment of the economics and trade flows of key carbon-intensive industries, the authors evaluate a number of proposals included in current legislation. They argue that, given the limited role of …
The current and imminent adverse environment having social and economic impact of Green House Gas (GHG) emissions is a global phenomenal. The governments around the world are increasingly developing or are implementing policies regarding reduction of GHG emission to address the challenge. Because of current and expected regulatory constraints, firms …
It's Earth Day on April 22 and we are no better off. Global warming is a larger threat than terrorism because it will affect each one of us. In India, the Ganges would dry up by 2030, according to UNFCCC. What does this mean? It will be a disaster and …
People are not good at making immediate sacrifices for an abstract benefit in the future, especially when they have a hard time understanding the problem John Tierney Everyone talks about the future weather, but so far nobody has done much about it, not even the many people and politicians convinced …
An environmental perspective is no longer the preserve of scruffy Greenpeace types, with their nature songs and banner protests. It's been appropriated by the men in suits with their calculators and PDAs who have just discovered the immense money-making possibilities involved in greening the economy. Nowhere is this more evident …
Climate science tells that the earth is warming as a result of human activities. But considerable uncertainty regarding the precise nature and extent of the risks remains. Economists are needed to develop sensible policies to address these risks, which account for the uncertainties. In particular, the world needs public finance …
Germany said it would issue 451.9 million tonne say ear of carbon-dioxide pollution certificates from 2008 to 2 012, 0.3%fewer than allowed by the European Commission. Germany cut its planned emission cap because new power plants will need fewer free C02 permits than previously expected, the DEHST emissions trading unit …
For the global nuclear industry, climate change seems to be a blessing. The industry, which was in deep recession after Chernobyl in 1986, hopes for a revival because of its low carbon emissions. The industry hopes climate imperatives will override inherent problems pertaining to use and disposal of radioactive fuel. …
Tradable emissions permits are a popular, but inferior, way to tackle global warming THE pressure for political action on climate change has never looked stronger. Even George Bush has now joined the leaders of other rich countries in their quest to negotiate a successor regime to the Kyoto protocol, the …
This MIT study examines the role of coal as an energy source in a world where constraints on carbon emissions are adopted to mitigate global warming. The study’s particular emphasis is to compare the performance and cost of different coal combustion technologies when combined with an integrated system for CO2 …
This report gives a detailed account of emissions trading schemes and their potential for environmental mitigation and profit generation. The authors cover the U.S. acid rain program, the Kyoto protocol and its clean development mechanism, the European Union emissions trading scheme, climate exchanges, China's pilot programs, and the possibility of …