July 2010

July 17, 2010

India's Justice System to expedite Environmental Cases through Green Benches

India is facing a growing backlog of environmental cases with rapid industrialization leading to disputes with traditional stakeholders.Land acquisition has become a huge problem with industries […]
July 17, 2010

ABB and India's largest insurer LIC lock horns over Indian subsidiary valuation

ABB recently came up with an open offer to increase its stake in the Indian subsidiary from 52% to 75% offering Rs 900/share which was a […]
July 17, 2010

Mitsubishi Heavy Industries looks to overseas Wind Markets for Growth

Mitsubishi Heavy Industries , the massive Japanese Conglomerate is looking to overseas market for growing its Wind Energy Division.Mitsubishi like other Japanese companies are looking towards […]
July 17, 2010

What US and Bangladesh have in common – Unemployment and Low Wages

The Global Financial Crisis is truly global in its character of inflicting misery and impoverishment amongst workers.Bangladesh and US which are two highly disparate countries in […]
July 17, 2010

Australia's falling Renewable Energy Certificate prices delays Wind Energy Projects

Renewable Energy Certificate (REC) are one of the popular subsidy measures used by government around the world to promote Green Energy.However the market pricing of these […]
July 16, 2010

Green Energy becomes Bigger than Fossil Fuel Energy in Europe and USA during 2009

Green Energy has increasingly become mainstream rather than a niche category supported by some environmental activists and hippies.This is proved by the fact that almost half […]
July 16, 2010

Massive Coal Plant in Andhra Pradesh,India faces cancellation due to protests from farmers and fishermen

A huge 2640 MW coal plant has received a major jolt after its environment clearance was rejected by he National Environmental Appellate Authority (NEAA).This plant which […]
July 15, 2010

Spanish Banks and City Councils still in Dire Straits;Portugal Ratings also get cut by Moody's

The Spanish Financial sector is still in a precarious condition which is underscored by the record European Central Bank (ECB) borrowing . The indications of weaknesses […]
July 15, 2010

European Power Utilities look to Private Capital to Increase Renewable Energy generation

European Power Utilities are increasingly looking towards private capital in order to fund their renewable energy projects.The European Union has a target of generating 20% of […]
July 15, 2010

German success prompts Malaysia to plan a Feed in Tariff scheme in 2011

Germany’s EEG program instrumental in bringing Solar Energy  Close to Grid Parity Germany has been the poster child for Feed in Tariff success in promoting renewable […]
July 15, 2010

Exxon to invest a Minuscule amount in Algae based Biofuels

World’s biggest Oil company Exxon Mobil has opened a Greenhouse facility to grow and test algae which will be used for producing biofuels.Algae based Biofuels is […]
July 15, 2010

Billion Dollar Bailout Beneficiaries Fannie Mae and Freddie Mac block Renewable Energy PACE program to ostensibly "protect taxpayers"

Fannie Mae and Freddie Mac a cesspool of Corruption and Waste Fannie and Freddie Mae which would long have gone bankrupt after the Lehman crisis had […]
July 14, 2010

German Exporters make Hay from Euro weakness as Global Trade Imbalances grow even Bigger

.The almost 20% peak to trough fall has led to Germany's already strong exporting machine to generate even greater exports.While the rest of the European countries like Spain,Greece and Portugal don't really have the industry to benefit from Euro weakness,Germany has a massive industries to do so.
July 14, 2010

Nokia under Siege – Workers at Indian factory strike over low wages

Nokia is a company under siege from multiple forces.On the global stage,it is fasting losing brand value,marketshare and profits under competition from Technology Giants Google and […]
July 14, 2010

US Exim Bank criticized for providing credit finance to Mega Coal Power Plants in India and Africa

US Export Import Bank (Exim) is a government owned financial institution which helps support US trade through credit financing of exports/imports of US companies.The Bank is […]
July 14, 2010

General Electric gets aggressive in Green Energy through Ecomagination $10 Billion R&D Investment

General Electric or GE as it is popularly known is one of the biggest players in the Green Industry globally.It generated $18 billion in Ecomagination revenues […]
July 14, 2010

Industry causing Environmental Disasters in India and China – Chlorine Gas Leaks in Mumbai leads to 3 deaths and more than 60 falling ill

India and China are seeing rapid economic and industrial growth in excess of 8% GDP growth.While rapid growth is necessary to pull up the estimated 2.5 […]
July 14, 2010

Green Investing in South Korea – Hyundai plans to double solar capacity by 2011

LG and Samsung have already committed themselves to billion dollar investments into crystalline solar manufacturing.Not to be left behind South Korea’s Hyundai Industries which is known […]
July 13, 2010

Unrestricted Globalization of Capital Flows Consequence – Swiss Currency Strength leads to Impoverishment in Hungary

There has been reports of massive debt distress in Eastern European countries following the Global Financial Crisis.One of the major factors leading to this is the […]
July 13, 2010

Raju family swindled more than $500 million in the Satyam scandal however Ringleader continues to live in luxury

The Satyam scandal resulted in a loss  of around $3 billion besides doing irreparable harm to the reputation of India’s corporate sector.The ringleader behind the entire […]
July 13, 2010

Microsoft faces a taste of its own "Free" medicine from Android in Operating Systems

Now Android threatens Microsoft in other Technology Hardware like Tablets.Apple's iPad has made Tablets the hottest hardware category with every major PC company like Acer,Dell,HP planning new models.With Android being a huge consumer hit and free,these vendors will have little incentive to push Windows based Tablets in the Market.
July 13, 2010

Is the Jindal Rs 42000 crore Coal to Liquid project in Orissa wasteful just like the Tata-Sasol CTL plant?

Jindal Steel and Power Limited (JSPL),one of India’s biggest private sector Steel companies is looking to build a Rs 42000 crore ( ~$10 billion) Coal to […]
July 13, 2010

China's protests over India's Blacklisting of Chinese Telecom Equipment companies seems hypocritical

Huawei and ZTE in the center of the storm Huawei and ZTE have been embroiled in a major controversy over India’s security concerns over using Chinese […]
July 12, 2010

Italian Solar Feed in Tariff Subsidy Cuts for 2011 will fail to stop the Boom in Solar Demand

Italian Solar Feed in Tariff Cuts to be More Moderate than Market Expectations The German government allowed a face saving gesture to the Upper House by […]
July 12, 2010

Germany's 2010 one off Solar Feed in Tariff Cuts finally pass after 9 months of Negotiations

German Feed in Tariffs Cut Passes with Minor Change The German Solar Feed in Tariff  Cut was finally passed after byzantine twists and turns over a […]
July 6, 2010

German Solar FIT Reduction Compromise proposed between Bundesrat and Bundestag

The German Solar Feed in Tariff Reduction got another twist as the Upper House Bundesrat refused to pass the proposal into Law.This threw a spanner into […]
July 6, 2010

Green Investing climate in Spain improves dramatically with Wind and Solar Thermal Industries reaching Agreement with Government over Subsidy Cuts

Spanish Government Facing a Tough Fiscal Situation;Plans Green Energy Subsidy Change The Spanish Government has been  facing a tough budgetary situation due to sovereign debt problems […]
July 5, 2010

Effects of Globalization of Agriculture- Food Price Rise,Hunger Riots and Spread of Ethnic Vegetables

Effects of Globalization of Agriculture Globalization of Trade,Capital Flows and Labor has led to many desired and undesired effects.While the globalization of Services and Industry has […]
July 5, 2010

Nuclear Energy in India faces external obstacles from old adversaries China and Pakistan

Landmark Nuclear Deal between US and India removes India’s pariah status The landmark Nuclear Energy deal signed between USA and India was supposed to herald the […]
July 5, 2010

Green Investing in India – State Run Companies make big plans for Solar Energy Generation

Solar Energy in India has the potential to be one of the biggest opportunities in the Energy Sector in the 21st Century.The government’s strong backing through […]