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Subir Roy: Let Coal India face competition
Coal India is crucial for India's future. To grow GDP at nine per cent, energy consumption has to grow by six per cent. Two-thirds of this energy demand is met by coal, and Coal India accounts for 70 per cent of total coal consumption. There are two major market imperfections in the sector. One, Coal India enjoys a virtual monopoly. Private mining of coal is allowed only for own or captive consumption,

Global warming disrupts natural patterns of glaciation

Washington: Unprecedented levels of greenhouse gases are disrupting normal patterns of glaciation, setting back the process of the earth's cooling as it did in its prehistoric past. That may sound

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Millions of people risk death due to increasing heat wave frequency: IPCC report
Millions of people face a risk of death due to heatwaves caused by man- made climate change, a UN report has warned.

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Global warming linked with extremem weather: UN
A United Nations-backed report confirms the link between climate change and current trends in extreme weather such as floods and heat waves, and warns that existing measures, even in developed countries, are not enough to cope with the severity of these events.

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'Suit'able suggestion

Recently, at a round-table conference on climate change, RBI Deputy Governor Subir Gokarn jokingly suggested a rather innovative way of fighting global warming. Gokran said banks could reduce their

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Report: EPA cut corners on climate finding

The Obama administration cut corners before concluding that climate-change pollution can endanger human health, a key finding underpinning costly new regulations, an internal government watchdog

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