Best of BS Opinion: India's stance on coal helped China, extension of power

Here are the top BS Opinion articles of the day

Here is the best of Business Standard's opinion pieces for Tuesday.

The final text of the Glasgow Agreement hammered out at the recently concluded 26th Conference of Parties under the UNFCC was the first to specifically acknowledge the need to move away from dependence on coal-fired power in order to reduce the emissions of greenhouse gases. However, the language in the final text was considerably weaker than originally proposed. In particular, instead of committing to moving towards “phasing out” coal, the text only requires countries to “phase down”. Our lead editorial notes that this is correctly being seen as insufficient. What is worse is that India is being seen as the cause of this weakening of the text. This is a sub-optimal outcome. Read here

In other views:

Our second editorial argues why the new Ordinances will make the Central Bureau of Investigation and Enforcement Directorate less independent. Read here

Gurbachan Singh explains why in India the stock prices are surging to new highs, while the economy is not doing very well. Read here

QUOTE OF THE DAY

“Need an action plan by tomorrow evening.”

 

Chief Justice N V Ramana on the issue of pollution