Bishnu Dash To encourage micro, small and medium enterprises (MSMEs) in the state to adopt modern cutting edge technology, the draft MSME development policy of the Orissa government has proposed the launch of an

Hong Kong has joined the international carbon trading structure with a promise to slash emissions, but analysts say the move will fail to produce any serious reductions in greenhouse gases. "It is a bit of an impotent gesture and is about four years too late," said Shane Spurway, head of carbon banking at Fortis Bank. In a low-key press release sent out just before a public holiday weekend earlier this month, the city's Environmental Protection Department said it had set up the legal framework to allow projects that could sell on their reductions in carbon emissions.

The government has raised the compensatory amount from Rs18 billion to Rs54 billion for disbursement among the people affected by the raising of the country's second biggest reservoir, Mangla Dam. This was disclosed by Commissioner Mangla Dam Affairs Engineer Chaudhry Ameer Afzal while talking to a delegation of Britain-based affected persons, who called on him in his office here on Friday. Mr Afzal said construction work on raising of Mangla Dam would be completed by the end of next year.

Agricultural scientists have asked Pakistan to stop its irrigation water from further wastage. Globally, agriculture consumes 70 per cent of water withdrawals, but, in Pakistan it goes up to 95 per cent. Speaking at a seminar on

India has emerged as the second-largest seller of carbon credits in the world, with a 6 per cent market share in 2007. China tops the list with a huge 73 per cent share, according to a recent World Bank report.

Rajiv Tikoo The Financial Express and Emergent Ventures India launch a survey to map the greening of businesses, highlight success stories and come up with recommendations for best practices It's set to become a symbol of green businesses in India. On World Environment Day, June 5, The Financial Express and Emergent Ventures India (EVI), a climate change mitigation advisory firm, launched fe-EVI Green Business Survey to map the greening of Indian businesses, highlight success stories and come up with recommendations for following best practices.

Hong Kong companies that reduce their carbon dioxide emissions in the city can now sell those cutbacks in a $12.9bn global carbon credit market created under the Kyoto protocol. The new arrangements, announced by the Hong Kong government yesterday, are a step towards rectifying an anomaly created by China's "one country, two systems" rule over its special administrative region. Under this rule, Hong Kong companies are treated no differently from foreign companies when doing business in China.

A deal to be done between rich and poor countries on global warming is going begging

The fight against climate change cannot succeed unless the people of India and China join the effort at a mass level Jotdeep Singh

Global Warming as we all know is one of the serious environmental issues resulting from Green House Effect. Out of all Green House Gases (GHGs), carbon dioxide is the most significant one as its concentration in the atmosphere is increasing at an alarming rate. The most interesting aspect of the GHGs is that they allow the incoming solar radiations to come to earth, but do not allow the longer wavelength radiations of the earth to go up. These are reflected back to the earth surface. As a result the earth's surface temperature is getting warmer.