Worrisome issue for India

But the more worrisome issue for India is that we could keep on debating about why developed countries should reduce emissions et al, and it won’t be far when the First World simply Clamps down on Third World products that do not confirm to pristine emission norms! In the contemporary world, they call it an industrial embargo! The issue becomes sickeningly critical as Indian companies in the recent past have now made it more a habit of investing (or wasting) billions of dollars to takeover old-age companies that are at the ends of their technology life cycles. From the Tata-Corus (steel) deal to the Birla-Novelis (aluminium) acquisition – the two largest deals in India – even India Inc. seems to not realize that these M&As are being done at a time when foreign companies are moving towards blatantly new age realms. Companies like GE, DuPont, IBM, Toyota, BP and scores of others have successfully initiated green business opportunities.

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ttSource : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Melting glaciers

Well, everybody’s heard about the melting glaciers ad nauseum, and nothing seems to have happened to our homes, right? So the first common question that comes to mind is, whether the issue is indeed so serious. The most recent Intergovernmental Panel on Climate Change (IPCC) has forecasted that average global temperatures would rise between 1.1% and 6.4% by 2100, that is, by around 30c by 2100. Fans of the Michael Crichton best-seller, State of Fear, which largely ridicules the green brigade, might say–“That’s it? We are worried about 3 degrees?!?” Well, this ‘minuscule’ 3 degrees is enough to put a whopping 4 billion people by that time at a serious risk of dangerous water shortage for starters, apart from ensuring that the severity of climate events would increase.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

HYDRO – MANIA

This is perhaps one of the cleanest alternatives at present. The end result of this alternative is clean water (H2O). However, availability of hydrogen is a problem as several energy intensive procedures such as electrolysis are required for hydrogen extraction from water. Rajinder Saini of IIP told B&E “Availability of Hydrogen is a problem as several energy intensive procedures such as electrolysis are required for hydrogen extraction from water.” Other problems such as transportation, safety and containment issues pose as threats to feasibility. Apart from being used in fuel cells, hydrogen can also be mixed with CNG. Even though hydrogen fuel cell technology is still in early stages of evolution, major automotive manufacturers like Honda and GM have taken visionary steps in insuring a hydrogen future. Honda’s FCV concept and GM’s HyWire-Volt500 concept duo, have demonstrated that a hydrogen fuel cell works, but they are bogged by poor operability. In India however hydrogen fuel cell technology is still nascent and not much work has been done in the field.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Dance with the wolves in the woods!

NGOs need to take the battle directly into the corridors of power
They fight for a clean, green & just India. They act as pressure groups, directing a large part of their ire against the government for its complicity in violating the environment and letting the MNCs exploit India’s natural heritage. The green activists claim to be apolitical but their agenda falls into the category of ‘new Left ’. And this new Left is nothing but a civil society movement, which raises all issues with political connotations but refuses to join the mainstream politics. Social activist & Ramon Magsaysay award winner, Rajendra Singh told B&E, “They can be vehicle for social & political change but not a facilitator. The NGOs as such should refrain from participating in the elections, but those in the vanguard of mass movements must not shy away from joining the political process.” However, Dr. Sunilam (former MLA, Multai, Madhya Pradesh) is an exception.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

False alarm to rake in profits!

The public cannot be taken for a ride based on flimsy findings
The most parroted Avian Influenza (Bird Flu) outbreak in China in November 2003 was publicised as the deadliest epidemic of the recent times; projected as if the next apocalypse was in the offing. Time passed by, fears subsided & the world got used to living with the hype as it ‘fl u’. In the absence of any hard evidence to prove the possibility of extinction of mankind, the realization dawned that the Chinese variant was a hoax. The virus had limited impact in remote areas & the possibility of human to human transfer of the virus was ruled out by scientists. A fact vindicated by the British Medical Journal (BMJ, October 2005), “Since 2003, most of the resulting 118 human cases have been healthy young children or adults in close contact with infected flocks, with a mortality of over 50%.” BMJ further adds that lack of sustained human-to-human transmission suggests that AH5N1 Avian virus does not currently have the capacity to cause a human pandemic.”

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative