The Oil-Price Shocks of 1970s and 80s catalyzed the modern energy policy world over. This time yet again, with environmental concerns gaining prominence and change in geopolitical landscape, global energy space is experiencing a watershed moment. Earlier, the UN Framework Convention on Climate Change set a comprehensive, long-tenure objective to control greenhouse-gas emissions and the anthropogenic climate change; and with old players giving strong competition post their comeback in the market- the sector has been subject to tough, if not tumultuous, fluctuations. Additionally, for long, environmentalists had hoped a reversal in natural resource extraction activities, by switching to renewables- but […]
Category: Laws
Environmental Lessons from Ancient Indian Literature….
At the 18th India-Russia Annual Bilateral Summit, when questioned about India’s stance on environment conservation and climate change, the honorable Prime Minister Narendra Modi gave a very emphatic answer resonating with the views of millions of Indians. He cited ancient Indian wisdom on the protection of environment and how the 5000 year old legacy still forms the core of India’s social fabric and sustainable policies. It is indeed intriguing to note that the ancient Indian literature serve as vast reservoirs of knowledge related to everything environment. Whether it is about maintaining ecological balance, weather cycles or simply protecting Earth- Vedic […]