A couple weeks ago, I wrote about China’s new policy to focus on buying (almost entirely) “China-grown” wind turbines and wind turbine technologies with Chinese patents. That policy wasn’t a big hit internationally and China is back-tracking.
However, is it changing its stance out of international moral pressure or a major financial incentive (recent deal) in the US? And who is to benefit the most from this shift?
Energy didn’t get a sniff in last night’s Obama press conference. That wasn’t really a surprise given the way that health care has elbowed its way into the political spotlight. You can count climate change among the “priorities” now in the shadows.
Alarmed with the almost daily reporting of rapidly declining tiger numbers and the inaction that follows, school children and several civil society groups in the Indian capital city of New Delhi are coming together to demand the basic right of the tiger–a Right to Survival. And in that, ensuring the survival of the entire human race. The Rally that follows a tiger consultation will also be a shift from all that has been done to all that needs to be done. As an organizer of the rally, comments like these are both inspiring and thought provoking.
In order to cut harmful emissions from maritime vessels, the Environmental Protection Agency (EPA) announced the next steps of its coordinated effort on Wednesday. The steps include creating a rule under the Clean Air Act that would establish tough engine and fuel standards for U.S. flagged ships. The proposed rule would harmonize with international standards and lead to improved air quality throughout the country.
For the first time, the World Trade Organization (WTO) teamed up with the United Nations Environmental Programme (UNEP) to release a report outlining the relationship between trade and climate change. The report describes the multitude of ways in which climate change and trade intersect.
European producers have been complaining about cheap imported biodiesel for quite a while, and it looks like a key European trade panel finally took action. The tax will be specific to each biodiesel producer:
China, and the mixed responsibilities in ensuring that their export and trade industry does not single-handedly doom the planet to a carbon ridden future.
Ensuring food safety and protecting health is one of the prime duties of every government, whether in a developed country or in a developing one. Accordingly, the WTO Agreement on Sanitary and Phytosanitary Measures (SPS) has conferred upon every sovereign member of the WTO the right to set its own standards in the import of animal and plant products. However, the Agreement has stipulated that “the regulations should be based on science and should not arbitrarily or unjustifiably discriminate between countries where identical or similar conditions prevail.” But there are apprehensions that countries have been increasingly using these measures for trade protection by setting standards for imports that are higher than the international standards.
This is a guest post by Puspa Sharma, MA Candidate in Global Finance, Trade and Economic Integration at the Josef Korbel School of International Studies, University of Denver.
Exponential increases in food prices in recent times have created enormous challenges to governments, national and international organizations, and aid agencies everywhere in the world. The World Bank has estimated that the rising food prices could push an additional 100 million people into poverty, thereby undermining the current efforts geared towards poverty reduction.
Increasing demand, decreasing supply, and the rising oil prices, which are in turn affected by numerous other factors, have been some reasons for the rise in food prices. Demand for cereal grains has been rising not only as a result of population growth, but also because of the growing middle class population in countries like China and India. Growing incomes have resulted in more demand for cereal grains directly and also more meat and dairy, which in turn has raised the demand for more grains as feed for the livestock. Another more important reason for the rise in demand for food crops is the development of bio-fuels, which have attracted a great deal of attention in recent times.
On the supply front, according to a publication by the International Center for Trade and Sustainable Development (ICTSD), droughts in Australia and Turkey and bad weather in Ukraine and parts of North America have resulted in less agricultural production which has caused food prices to rise. A more important, but often overlooked reason for the decrease in the supply of farm commodities against rising demand is that the subsidies that the developed countries have been providing to their agriculture sector have dampened world prices of those products and made the products of developing countries uncompetitive. This has had a tremendous impact in agricultural production in developing countries. In the absence of competitiveness and any other gains to be derived from agriculture, the developing countries have had less incentive to invest in agricultural infrastructure, agricultural research and development, and the like. As a result, agriculture production in these countries continually declined disrupting supply.
Then, who should take the blame of rising food prices? If we look at the demand side, we see that the demand has been rising in one part because of rising incomes in few developing countries, and on the other, because of the development of bio-fuels by the developed countries. On the supply side, drought and bad weather conditions are not something which are under human control, but less supply resulting from less production in developing countries owing to the agricultural policies of the developed countries definitely deserves attention.
Does energy independence for America mean that we have to extinguish all trade and global relationships? Or can energy independence for America consist of developing our technologies and resources to the point that we have the ability to sustain ourselves while still choosing to participate in the global market?
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