governance, political economy, institutional development and economic regulation
New beginnings are better in theory than in practice, at least for the average, risk averse individual. First, there is the uncertainty associated with change and the potential risk of disaster. Far better to extend a humdrum today rather than reach for the stars and suffer a potential implosion on the way. Second, only time […]
Read More Year-End MusingsRhetoric was rife at the opening of COP 28 with the Secretary General of the United Nations calling for an end to the burning of fossil fuels. “Not reduce, Not abate, Phase out” he recommended. This urgency found no salience finally in the first global stock, attended by nearly 200 countries, 85,000 participants with 55,000 […]
Read More Beyond the rhetoric COP28 DubaiThe Kyoto Protocol of 1995 enshrined the principle of “common but differentiated responsibilities” as the cornerstone for climate action. Ending the degradation of the global commons remains a priority as evidenced by 193 parties to the Paris Agreement filing nationally determined targets, with 151 parties submitting enhanced targets in 2021. This remains a transformative moment […]
Read More COP 28 can not ignore the need to own-source Energy like coal for India
Opinion India 