1. WEF: EXPERTS FORECAST RISKS TO INTENSIFY IN 2018
The world is entering a critical period of intensified risk in 2018, the World Economic Forum said in the Global Risks Report 2018.
According to the annual report, structural and interconnected nature of risks in 2018 threaten the very system on which societies, economies and international relations are based.
The global risks perception survey indicated that experts are preparing for another period of heightened risk. They cited deteriorating geopolitical landscape for the pessimistic outlook in 2018.
Among the 30 global risks the experts were asked to prioritize in terms of likelihood and impact, all five environmental risks namely extreme weather; biodiversity loss and ecosystem collapse; major natural disasters; man-made environmental disasters; and failure of climate-change mitigation and adaptation – were ranked highly on both dimensions, the report said.
Extreme weather events were seen as the single most prominent risk.
2. NGT: DENY CLEARANCE TO THERMAL PLANTS TILL THEY COMPLY WITH STANDARDS
The National Green Tribunal directed the Ministry of Environment and Forests (MoEF) and state environment impact assessment authorities to “not grant any new environment clearances” to new thermal power plants until they comply with the standards set by the ministry.
The MoEF had on December 7, 2015 issued a notification revising the standards for coal-based thermal power plants across the country that aimed to reduce emissions such as sulphur dioxide, nitrogen dioxide and particulate matter, and regulate the amount of water consumption. These power plants were given a December 2017 deadline to set up appropriate mechanism and technologies to cut emissions.
3. SUPREME COURT CRISIS: FOUR JUDGES HAVE A PLAN
THE four Supreme Court judges, who made public their grievances against Chief Justice met with two other Supreme Court judges and finalised a proposal which they hope will break the current impasse.
The proposal, expected to be handed over to the CJI deals with formalising a “rational, orderly and transparent system” to allocate cases to different benches of the Supreme Court.
Its details were not available but the idea is to insulate the roster from allegations of favour.