ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Climate in Free (Market) Fall

Throwing light on the complex and technical negotiations, the key issues under discussion at COP27 that would shape the future international carbon-trading regime are analysed. By allowing for unrestrained confidentiality and doing little to resolve accounting issues, such as double counting, COP27 worsens the inherent problems associated with carbon markets and allows for secretive carbon deals with little regulation and accountability.

Green Capitalism and Growth

Growth for Good: Reshaping Capitalism to Save Humanity from Climate Catastrophe by Alessio Terzi, Harvard University Press, 2022; pp 368, $29.95.

Political Economy of (De)Carbonisation

There is a high correlation between wealth and greenhouse gas emissions. Changing geopolitics over clean energy is replacing fossil fuel-based global power structures. Climate change is the new colonialism. Fossil fuels remain the most strategic commodity and are critical to national and international politics.


Weather Uncertainties and the Strategy to Raise Farmers’ Income

In India, rising weather uncertainty has caused large-scale damage to crops in the last two years. In order to lower such risks, the cultivation pattern should move away from highly intensive input usage towards low-risk optimal input usage wherein a reasonably good level of overall crop production and returns per acre could be generated. The analysis based on unit-wise household data of farmers during 2018–19 shows that only 1% of farmers use optimal inputs. By shifting cultivation towards optimal input usage pattern, the revenue could be increased by 70% and the average income of the farmers by 90%.

Crop Insurance and Rice Productivity

The factors affecting the demand for crop insurance are analysed and its impact on the yields of smallholder rice producers in eastern India is assessed. Using data from a large farm-level survey from eastern India, a positive and significant impact of crop insurance on rice yields is observed. The robustness of the findings are tested after controlling for other covariates and endogeneity, using propensity-score matching and endogenous switching regression models.

Youth, Climate Change Navigating a Warming Future

One antidote to climate doomism is highlighting the importance of collective action and a non-zero sum perspective in combating climate change.

Anthropocene in the Himalayas

The Living Mountainby Amitav Ghosh, HarperCollins India, 2022; pp xiii+35, ` 399 (hardcover).

Entangled Lives: Human-Animal-Plant Histories of the Eastern Himalayan Triangle by Joy L K Pachuau and Willem van Schendel, New Delhi: Cambridge University Press, 2022; pp xiv+363, ` 1,256 (hardcover).

Towards a 21st-century Socialist Green Programme

In this fight against the climate crisis, we believe the Green Growth framework provides a transitional path towards a sustainable future but stops short of imagining a world beyond capitalism. On the other hand, the Degrowth/Post-Growth framework has a post-capitalist imagination but perhaps not a concrete transitional path from here to there. We need, however, _both_ a transitional path from capitalism to an alternate system as well as a vision of such a society, which is based on equality in rights, opportunities and outcomes; collective ownership of the means of production; people’s well being over profits. In what follows, we imagine such a path — working on the complementarities instead of the differences between these two frameworks — which we call Socialist Green Growth.

Coal for Electricity Generation in India

The paper discusses the commitment on climate change negotiations and reflects why thermal power plants are not replaceable by renewables. It gives a glimpse on electricity demand and supply as well as coal availability. Accordingly, we formulate different horizontal scenarios for electricity demand and vertical scenarios for coal supply, thereby calculating the coal requirements for different demand scenarios. The results are validated with medium-term coal projections along with the actual coal consumption at power plants for producing electricity.

FCR 2022: An Attempt to Subvert the Power of Gram Sabhas

A centralised and single-window clearance process would facilitate the diversion of forests for non-forest purposes.


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