Serious efforts to address the climate challenge face several daunting tasks. Among them is the engagement of developing countries—in particular the emerging markets such as China and India that account for a substantial and growing share of world emissions of greenhouse gases.
Rising energy prices and mounting concerns about environmental depletion have animated fears that the world may be headed for a spate of ‘resource wars’ – hot conflicts trigerred by a struggle to grab valuable recources. Continue reading »
In the early 1990s there was great hope that the tide of power sector deregulation would sweep the world, including the developing countries where investment in the power sector was lagging and it was thought that greater opportunity for private sector involvement would lead to better performance as well as much higher levels of investment. Continue reading »
