Sunday January 19, 2020
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Obama unveils clean power plan

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Washington:  President Barack Obama unveiled a plan to reduce emissions from coal-fired power plants citing how global climate changes were affecting the world with more storms, droughts and floods and decimating crops from India to Africa.
“This is our moment to get this right and leave something better for our kids,” he said calling his Clean Power Plan “the single most important step America has ever taken in the fight against global climate change.”

“Climate change is no longer just about the future we’re predicting for our children or our grandchildren, it’s about the reality that we’re living with every day – right now,” said Obama pointing to stronger storms, deeper droughts and more frequent floods.

White House says the revised Clean Power Plan seeks to increase the required cuts in carbon emissions from the power sector, demanding they be slashed 32 percent from 2005 levels by 2030-up from the 30 percent requirement in the original draft regulation.

Obama said such a reduction means “we’ll be keeping 870 million tons of carbon dioxide pollution out of our atmosphere.”

Earlier addressing the Young African Leaders Initiative Presidential Summit Town Hall, Obama said “Global climate change will affect everybody.”

“And because the changes could be so severe, frankly, the countries that are most likely to be adversely affected are the poorer countries because they have less margin for error.”

“So if you have changing weather patterns in, let’s say, the Indian Subcontinent, and the monsoon rains shift, suddenly you could have millions of people whose crops completely fail,” Obama said.

“Well, the same is true in Africa-if rain patterns and drought starts changing, subsistence farmers are completely vulnerable,” he said.

Asked how Obama’s Clean Power Plan relates to world climate summit in Paris in December, his press secretary Josh Earnest cited “lot of success” in getting significant commitments from several countries including India, China and Brazil.

“We have had a lot of success in getting other countries to make significant commitments alongside the United States when we make important domestic commitments when it comes to reducing carbon pollution.”

During Obama’s visit to China last November, China had made a significant commitment to “cap carbon emissions in China on or around 2030.”

“We saw a similar dynamic when President (Dilma) Rousseff of Brazil visited the White House, where both Presidents made a commitment to reduce carbon emissions,” he said.

“We saw commitments from India when it comes to the deployment of renewable energy technology.”

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I Fall in Love with India Every Time I Return Here: Amazon CEO Jeff Bezos

On Friday, Goyal clarified that government welcomes all kinds of investments into the country which are within the ambit of the law

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amazon, jeff bezos
Amazon.in arrived in India on June 5, 2013 and for world's top billionaire Jeff Bezos, has transformed the way the country buys and sells. VOA

Amazon Founder and CEO Jeff Bezos on Friday posted a note on the company’s e-commerce website Amazon India, saying “he falls in love with India every time he returns here”, a day after Commerce and Industry Minister Piyush Goyal snubbed him during a public event.

“I fall in love with India every time I return here. The boundless energy, innovation and grit of the Indian people always inspire me,” Bezos wrote in the letter while mentioning Amazon’s investment in the Indian economy and that the firm is aiming to create 10 lakh new jobs by 2025.

Bezos, in the letter, added that more than 550,000 small and medium businesses (SMBs) in India are using Amazon as a platform to offer millions of products.

The new expected jobs are on top of the 700,000 jobs Amazon has already created in the country since 2013.

Amazon, drones
In this Sept. 13, 2018, file photo Jeff Bezos, Amazon founder and CEO, speaks at The Economic Club of Washington’s Milestone Celebration in Washington. VOA

On Thursday, Goyal not only ticked off Bezos saying that they are not doing India a favour by investing a billion dollars, but also raised concerns if its losses were a result of predatory pricing and if Amazon and Flipkart were gaining entry into multi-brand retail by using loopholes.

Also Read: Tech Giant Apple Solves Location Privacy Issue with iPhone 11 in 2nd iOS 13.3.1 Beta

On Friday, Goyal clarified that government welcomes all kinds of investments into the country which are within the ambit of the law.

“We welcome all kinds of investments that follow the letter and spirit of the law. If some investment is outside the legal purview, appropriate action will be taken,” he told reporters. (IANS)