Synopsis: Faulty assumptions of rosy economic scenarios have resulted in an energy crisis. Introduction Post-covid, there has been talk of a great reset. It has many elements. Important among them is green growth, an effort to decarbonize the world and attain net zero carbon dioxide emissions. For instance, The International Energy Agency (IEA), in a… Continue reading The great hubris that lay behind the Great Moderation and Reset
Category: 9 PM Daily Articles
Explained: Why launch of Indian Space Association is significant
Synopsis: Indian Space Association has been launched by the Prime Minister of India. The industry association will act as an independent and “single-window” agency for enabling the opening up of the space sector to start-ups and the private sector. What is ISpA? ISpA is the Premier Industry Association of Space and Satellite companies, which aspires… Continue reading Explained: Why launch of Indian Space Association is significant
The” yes or a no” the court must ask about Pegasus
Synopsis: Given the seriousness of the matter and the right to privacy of citizens, the judiciary must hold the executive accountable in the matter. Introduction Earlier this year, a global coalition of media organisations revealed that the Pegasus was being used in a number of countries to surveil journalists, activists, dissidents, and political leaders. Pegasus… Continue reading The” yes or a no” the court must ask about Pegasus
Diverting rice for fuel blending, a risky venture?
Synopsis: Government’s plan to promote ethanol, its benefit to the country, various effects of this plan, its impact on crop diversification and food security and way forward. Introduction India is planning to use surplus rice, besides sugarcane, to meet its bio-fuel target of blending 20% ethanol with petrol. Could this pose problems for India’s crop diversification… Continue reading Diverting rice for fuel blending, a risky venture?
We can’t stabilise the climate without carbon offsets — so how do we make them work?
Synopsis: Carbon offsetting affords an opportunity to achieving net-zero emission targets but only if its done with full integrity. Introduction Carbon offsetting has been in news lately. The Grattan Institute released a new report on the role of offsetting in achieving net zero targets. Carbon offsetting is a difficult part of the climate change conversation… Continue reading We can’t stabilise the climate without carbon offsets — so how do we make them work?
Protecting India’s natural laboratories
Synopsis: India needs to take measures to protect and conserve Geoheritage sites. Introduction India has a very unique geodiversity. India has tall mountains, deep valleys, sculpted landforms, long-winding coastlines, hot mineral springs, active volcanoes, diverse soil types, mineralised areas, and globally important fossil-bearing sites. It is long known as the world’s ‘natural laboratory’ for geo-scientific… Continue reading Protecting India’s natural laboratories
How to get farmers to not burn crop residue
Synopsis: Steps to be taken to push famers away from resorting to stubble burning Introduction Farmers across northern India burn stubble to clear fields for the winter wheat sowing season. It is both a health and an environmental hazard that repeats every year. A 2018 Lancet study reported this as the number one reason for… Continue reading How to get farmers to not burn crop residue
Taxing multinationals
Synopsis: Global agreement on taxing multinational corporations and way forward for India Introduction After several years of negotiations, 136 countries, representing over 90 per cent of global output, finalised the agreement last week to tax multinational corporations. Since almost all members of the OECD’s framework on base erosion and profit shifting have agreed, tax avoidance… Continue reading Taxing multinationals
The monetary policy of RBI has failed to walk its talk
Synopsis: A disconnect between the commentary and policy action of RBI’s repo rate-setting panel could cost us dear in time to come. Introduction According to RBI Governor, the Indian Economy is recovering from the impact of Covid. But still, there is a need to work on inflation, so that it will remain within the targets defined.… Continue reading The monetary policy of RBI has failed to walk its talk
Public Finance ought to throw its weight by clean energy
Synopsis: With the world trying to achieve the Paris climate target, there is a need to bring more financial commitments and change in policies to achieve this target. Introduction Solar power is now the cheapest form of electricity in history. Over 90% of power-generation capacity added around the world last year was in renewables But to… Continue reading Public Finance ought to throw its weight by clean energy
