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27-09-2016
AIKYATHA
Current Affairs MadeSimple
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Why in news?
Prime Minister Narendra Modi announced that India would ratify
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27-09-2016
Background
The Paris Agreement sets a roadmap for all nations in the world to
responsibilities
and
respective
capabilities
with 39.0 Gt is way behind the top three emitters the USA, the EU
and China. The USAs emissions, for example, were around six times
Indias.
Even if historical levels are discounted and only present levels
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27-09-2016
Sector-wise emissions
The energy sector is the largest contributor to GHG emissions and,
within this, CO2 emissions from combustion of fuels have the largest
share.
In terms of sectoral, CO2 emissions from fuel combustion, electricity
and heat production was the largest contributor for China, India, the
EU and the USA, more so for China and India, followed by the
manufacturing industry for India and China and the transport sector
for the US and the EU.
These compositional patterns reflect the different priorities of these
countries.
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AIKYATHA
27-09-2016
One of the main focus of the agreement is to hold the increase in the
Bottom-Up Approach
A marked departure from the past is the Agreements bottom-up
approach.
It allows each nation to submit its own national plan for reducing
greenhouse gas emissions, rather than trying to repeat a top-down
approach advocated by the Kyoto Protocol, giving each country an
emission reduction target
CBDR-RC
The principle of CBDR-RC has been maintained across all the
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27-09-2016
Incremental INDCs
The Paris Agreement invites Parties to submit their first nationally
Mitigation:
The Paris Agreement operationalizes differentiation between developed
and developing countries mitigation actions through three main elements,
namely, (a) by acknowledging that peaking of emission in developing
countries will take longer; (b) by calling upon developed countries to take
the lead in mitigation actions; and (c) by calling upon support to be
provided to developing countries for implementation of climate change
actions, recognizing that enhanced support will allow for higher ambition
in their action.
Adaptation:
Given the trends in global warming, even if the temperature rise is
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27-09-2016
Finance:
The agreement sets a binding obligation on developed countries to
of US$ 100 billion per year prior to 2025, taking into account the
needs and priorities of developing countries.
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AIKYATHA
27-09-2016
the focus of the NAPCC. At the same time, Missions on Solar Energy
and Energy Efficiency are geared to mitigation
Apart from the NAPCC, all the states have also been asked to
INDC
As a part of its contributions to the global climate change mitigation
efforts, India announced its intended nationally determined contribution
(INDC) which set ambitious targets for domestic efforts against climate
change. Including other efforts, the country has set itself an ambitious
target of reducing its emissions intensity of its gross domestic product
(GDP) by 33-35 per cent by 2030, compared to 2005 levels
Renewable Energy:
40 percent cumulative electric power installed capacity from
Nuclear Energy
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AIKYATHA
27-09-2016
Transport
India has taken substantial initiatives to make the transport sector less
emission intensive. One of the major initiatives has been upgradation of
vehicular emission norms to BS-VI
2015-16 Budget.
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AIKYATHA
27-09-2016
Why in news?
The Finance Ministry has settled on February 1 as the new date for
budget with the general budget and had given an in-principle nod
for presenting the Budget earlier than February 28
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AIKYATHA
27-09-2016
The idea behind bringing forward the Budget date, according to the
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AIKYATHA
27-09-2016
Why in news?
Indian Space Research Organisation (ISRO) launched a total of eight
different orbits and for the first time, ISRO launched satellites in two
different orbits in a single mission.
Why is it significant?
PSLV satellite launcher has for the first time place its multiple
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a global trend where the demand for its category of launch services
is increasing.
The launch has enhanced the marketability and versatility of PSLV
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AIKYATHA
27-09-2016
Why in news?
A snow-covered former U.S. army base in Greenland dubbed a city
under ice could leak pollutants into the environment as the climate
changes, raising difficult questions over who is responsible for clean-up.
Background
In 1959, U.S. army engineers began constructing a futuristic project
mentioned in the treaty between the U.S. and Denmark, once the
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AIKYATHA
27-09-2016
Possible leakage
Assuming the site would remain frozen in perpetuity, the US army
snowfall, meaning the toxic chemicals could start leaking into the
environment
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AIKYATHA
27-09-2016
Why in news?
The government last week announced the names of three
economists who will be its nominees on the MPC. The central bank
had earlier announced its three nominees as well. India will now be
among the many countries where interest rates are set by a
committee rather than an individual.
A lot now depends on how the MPC operates. There are several
issues that need to be sorted out to ensure that the shift to the new
system of deciding monetary policy is indeed worth it.
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initial years.
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