Browsing Category Climate Change

The ABC of ESG – The Evolution, Drivers and the Next Phase

The Social Responsibility of Business Is to Increase Its Profits , a seminal piece by Milton Friedman was published on September 13, 1970. As the title suggests, it argued vehemently for businesses to focus on maximising profits for their shareholders. The article in today’s time would have been viral due it Mr. Friedman’s several twit-worthy retorts against ‘the social responsibility of business’.   But to be fair to Mr. Friedman, he…

Read More

Net Zero Goals and Rush For Carbon Credits

  Recently, a number of friends reached out to me to know more about ‘Carbon Credits’; knowing well that their interest in climate change and carbon credits was very limited, it was slightly surprising for me to have their keen queries on carbon credits. It did not take much time to figure out that their interest was piqued by recent coverage of a firm that turned into a unicorn. This…

Read More

Inadequate investments and slow growth of renewable energy will make Energy Transition painful.

If you have been reading about the success of solar energy and how renewable energy is going to replace coal, then the recent news of the coal shortage and the impending global energy crisis might baffle you. For the last 2-3 weeks the newspapers have been highlighting how we are running out of coal and gas for our power plants and there might be blackouts. And, this is not an…

Read More

The 1.5 degree scenario is almost beyond our reach.

  The IPCC Assessment Report 6– The physical sciences bases is full of bad news for humanity and a lot of science highlighting and supporting why we need to take this bad news seriously. It gives us more and more evidences (as if we did not already have enough!) that the global warming is caused by humans and every tonne of CO2 emission contributes to global warming.  These are not new…

Read More