Wednesday, October 07, 2009

Bummer: Climate change affecting ayurveda, livelihood of 600,000 doctors
New Delhi, Oct 7 (IANS) Climate change poses a huge challenge for ayurveda and it is the reason behind many medicinal plants vanishing from India, President Pratibha Patil said here Wednesday. The All India Ayurveda Congress also agreed with her concern, saying it is gradually affecting the livelihood of 600,000 ayurveda practitioners.
Senior G77 members protest steps to change Kyoto pact | Green Business | Reuters
BANGKOK (Reuters) - Senior G77 members walked out of a meeting during climate talks in the Thai capital saying they would not discuss a future without the Kyoto Protocol climate pact, delegates said on Wednesday.

South Africa's lead negotiator, China and OPEC countries left the informal session late on Tuesday that was discussing the shape of new climate agreement that would bind all nations in the fight against climate change.
`Murder' of Kyoto Protocol will end chances of climate [hoax] deal: G77 - India - The Times of India
BANGKOK: The gridlock at Bangkok climate negotiations worsened on Tuesday with key G77 members, including India and China, indicating that the "murder" of Kyoto Protocol could end up killing prospects of a deal at Copenhagen.
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The EU, which till date had been goading the US to put up targets under Kyoto, instead began to sidestep the issue of its own emission reduction targets for the mid term. The EU spokesperson, speaking to the media, said the EU was still working on the formal offer to be made for Kyoto at the negotiations. EU had earlier made a contingent political offer of 30% reduction below 1990 levels by 2020 but had not put it formally within the negotiations.

For the Indian delegation, despite the global hype, the Obama administration's decision to follow the Bush regime and refuse to sign on to Kyoto did not come as a great suprise. But, then came the U-turn by EU — a grouping that has always sought to gain the "leadership" role at climate talks.
CAP-AND-TRADE: EUROPE'S GREEN SUICIDE
Carbon leakage is making a nonsense of Europe’s Emissions Trading System (ETS) — the mechanism that enables businesses to trade permits to emit carbon dioxide. Worse still, the ETS is exposing Europe’s corroded underbelly and the rot that is infecting huge tracts of industrial plant as companies shift their spending from an over-regulated Europe to places further east.

In Brussels, the competitive threat is viewed as carbon leakage — the import of goods from countries outside the ETS and from states that have not made a big commitment to reduce CO2 emissions.

The European Commission is missing the point. It is not carbon that is leaking, but investment. Billions of dollars of potential investment in heavy industry, notably refining and petrochemicals, is moving east in search of lower costs — and carbon trading is making the money drain flow faster.

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