Imports

Strategy paper on coal import substitution: Inter-ministerial committee report

The “Strategy paper on Coal Import Substitution” has been prepared as a report of the IMC (Inter-Ministerial Committee). The paper focusses on the present energy mix of the country, domestic coal production, trends and projections, import trends (sector-wise), coal import substitution measures already taken by the Government and most importantly, …

Oil that glitters

The post-war boom had brought gas-guzzling vehicles, expanding highways and mushrooming suburbs in the industrialised countries, especially the US. This boom was fuelled by oil - the industrialised economies depended almost entirely on intensive use of fossil fuels. The world learned about its dependence on oil in 1973. The Yom …

The Caspian affair

The Caspian region has possibly the third largest oil and natural gas reserves in the world (after the Persian Gulf and western Siberia), estimated to be up to 15 per cent of the total reserves of the world. Hardly any of this potential has been tapped as yet, and it …

High and dry

India's prominence in the energy market is that it is the world's sixth largest energy consumer - and yet woefully short of energy sources. It has large coal reserves but the worrisome part is petroleum, which accounts for about 30 per cent of the total energy. India produces only 30 …

Beyond oil

"One of the ironies at the turn of the century is that, in an age when the pace of technological change is almost overwhelming, the world will remain dependent, out to the year 2020 at least, essentially on the same sources of energy - oil, natural gas, coal - that …

From barrels to battlefields

The US President George W Bush is raring to launch an attack on Iraq. Whether it has weapons of mass destruction or not, Iraq certainly has the world's second largest reserves of petroleum after Saudi Arabia. Thanks to UN sanctions, it produces a mere fraction of its potential. The US, …

Energised by oil

"Not since the rise of the railroads more than a century ago has a single industry [energy] placed so many foot soldiers at the top of a new administration." - Newsweek, May 14, 2001 George W Bush took over as president of the US on January 20, 2001. Within two …

Suspect shrimps

the European Union (eu) has placed shrimp consignments from India on the watchlist after finding traces of lethal antibiotics such as chloramphenicol and nitrofuran in them. The recent move follows repeated warnings from the eu to ban all imports of shrimps from India tainted with high doses of antibiotics. The …

Green proposal

It's bad news for coal exporters. Japan, one of the world's biggest coal importers, is considering a coal tax to encourage the use of cleaner fuels such as natural gas. Japanese ministry officials said that they were considering introducing the levy after shares of three of the world's biggest exporters …

Tit for tat

Canada seems to have settled scores with the us by restricting imports of mop top virus-infected American potatoes. In 2000-2001, the us had imposed a ban on potatoes from Canada's Prince Edward Island after some were found to have potato warts. The Canadian officials are taking a series of measures …

Death sentence

Amazonian mahogany may literally be deadwood soon. Because at the current rate of deforestation, there may be no more of it in eight years. Despite these warnings, London's appeal court has allowed the import of a shipment of the precious endangered wood into the country. Two senior judges threw out …

Row n gulfs Finland

the Finnish parliament's go-ahead to the country's fifth nuclear plant has begun to take its toll, with environment minister Satu Hassi's putting in her papers. The decision to build Finland's fifth nuclear reactor comes after a two-decade break. The first four plants were established in the 1970s. The proposal for …

Heavy levy

In one fell swoop the us has dealt a crippling blow to the Canadian lumber industry, slapping a 27 per cent duty on softwood timber imports from the country. The us salvo is the latest move in a protracted dispute spanning almost 20 years. Its significance for Canada can be …

Advantage India

The passing of the Patents (Second Amendment) Bill, 2002, by both Houses of Parliament is one more step towards complete compliance with the trips Agreement (Agreement on Trade Related Aspects of Intellectual Property Rights). However, further amendments would have to be incorporated to completely comply with trips provisions, since the …

Japan

After an 11-year break, Japan intends to import whale meat again. Although the plan has been flayed by environmentalists, Japan has said that it would also expand its research whaling programme. "Japan has been discussing the issue for months with Norway and hopes to reach a positive conclusion soon,' said …

China

Imported liquefied petroleum gas (lpg)-powered buses will ply on Beijing roads soon. The move has been directed to bring down the rising vehicular pollution and to prepare the city for hosting the forthcoming Olympic Games in 2008. It is reported that an agreement has been signed between Beijing lpg Company …

Risk analysis mooted

there is a looming threat from foreign fruits flooding Indian markets as they bring pests with them, say agriculture experts who are urging the government to conduct a risk analysis before allowing free imports. These experts have flayed the double standards of the exporting countries who, while banning the import …

In search of East India Company

The City of London is full of monuments, but none record the East India Company's existence. Like a snake, the City seems embarrassed of an earlier skin. This being Britain, however, what remains is a pub - the East India Arms on Fenchurch Street. Popular with office workers, it stands …

NIGERIA

In line with its deregulation of the country's downstream oil industry, Nigeria is inviting bids to build independent oil refineries. The new private refineries' licensing programme is aimed at reducing the country's dependence on imported fuel. According to guidelines, prospective refinery operators will first have to pay a non-refundable us …

Exporting toxicity

a recent analysis of us customs department records has exposed the double standards being applied by America. According to the figures, nearly 29,484 tonnes of pesticides that are banned or severely restricted in the us were exported between 1997 and 2000. Fifty-seven per cent of these products were shipped to …

Dumping ground

developed countries are routinely dumping tonnes of plastic waste into India, according to environmental group, No Plastics in the Environment (NoPE). The import data compiled by the Union government shows that more than 59,000 and 61,000 tonnes of plastic waste came into India in 1999 and 2000 respectively. Representatives of …

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