carbon trading

What passes for money

VM

Jul 23, 2012

How many things will pass for money? Investment and disinvestment are both aimed at regulating growth from one sector to another, but at higher benefit-to-cost ratios, such moves will fail.

Two important cases in point: cap-and-trade in reducing GHG emissions and levying a fee to pursue unauthorized constructions (in cities like Chennai).

The confounding factors are posterity and space: once consumed, the machine cannot be reversed unless there is more investment/sanctioning.

Justice delayed but a ton of bricks await

From 'SC declines Ramdev, Patanjali apology; expresses concern over FMCGs taking gullible consumers ‘up and down the garden path’', The Hindu, April 10, 2024: The Supreme Court has refused to accept the unconditional apology from Patanjali co-founder Baba Ramdev and managing director Acharya Balkrishna for advertising medical products

Feel the pain

Emotional decision making is in many contexts undesirable – but sometimes it definitely needs to be part of the picture, insofar as our emotions hold a mirror to our morals. When machines make decisions, the opportunity to consider the emotional input goes away. This is a recurring concern I'm

Cheers for everyone but the bustard

Behold, the legerdemain of spinning bad news into good: Setting aside the meaningless headline, we have a lede (and the rest of the article, for that matter) that claims the Supreme Court of India "struck" a fine balancing act between the transition to renewable energy and protecting the

It's the little things

'What Muslim Women Face Every Day at Work', The Wire, April 4, 2024: [Nisha] Shah, who prays five times a day, says such Islamophobia at the workplace – amongst highly educated Indian youth – has become more audacious. She says her two-three prayer breaks are shorter than the frequent smoke

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Justice delayed but a ton of bricks await

Feel the pain

Cheers for everyone but the bustard

It's the little things