Engagement of the public through the online Rio+20 Dialogues has produced some questionable results. The energy sector may unite around action on fossil fuel subsidies, especially as 350.org is about to throw everything behind its campaign.
India is the first major economy to present an annual budget since the disruption of oil production in Libya. Plans for the economy in 2011/12 revealed earlier today surprised observers by making no provision for volatile oil prices.
The abrupt New Year’s Eve reversal of President Morales’ decision to raise petrol and diesel prices represents a setback for prospects of reducing global carbon dioxide emissions.