Arguments in favor of nuclear power have been revived in recent years especially in emerging economies like India. The proponents of the nuclear power have put three arguments to justify their demand. These are: (a) Nuclear energy is safer today due to induction of better and safer technology....

The developing countries with their single voting right can bring in major changes in the WTO. The 'introduction of compulsory licensing' clause in TRIPS to ensure supply of essential drugs is a case in point. Similar initiative may be taken to make clean and green technology freely available...

The Montreal and Kyoto Protocol both had framed two different sets of regulations applicable to the developed and developing countries (Annex I and Non Annex I countries as per Kyoto Protocol). Apparently, stringent rules are applied to developed countries as they have been identified as the...

This study attempts to analyze the significance of the three consecutive Nobel Peace Prizes, announced after the Kyoto Protocol came into force in February 2005, in establishing a complex system of emission economics which is reorganizing the globe into blue and green zones. The paper concludes...

EU and USA have taken two distinct approaches to tackle the climate issue and seize the advantages of the new business opportunities it has offered by creating a new economic space. While EU tried to address the cause of global warming by promoting clean technology, as a late entrant to this...