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Puerto Rico Power Deal With Creditors Lifts Stocks Exposed to Island

Puerto Rico’s power authority sent a jolt through a corner of the U.S. stock market Wednesday as shares in financial stocks exposed to the commonwealth soared after the Puerto Rico Electric Power Authority agreed to a debt-restructuring plan with a group of bondholders.




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Bank of England Speeds Through Bond Buys

Two weeks after buying its first corporate bond, the Bank of England has already spent over 10% of the funds allocated to its 18 month asset-buying program.




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How to Fix and Strengthen the 401(k)

The 401(k) workplace-savings plan, designed to augment traditional pensions, has become the primary retirement-savings vehicle for many workers, but critics say it isn’t up to the task. WSJ's Anna Prior highlights five key suggestions to strengthen the 401(k). Photo: Getty




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A More Personal Synthetic Voice for Those Who Can't Speak

A wave of new technologies is giving people like Max Plansky, who are unable to speak due to a debilitating condition, a more personal synthetic voice. Photo/Video: Denise Blostein/The Wall Street Journal




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Should Homeowners Ban Drones Over Their Property?

The increased use of personal and commercial drones is raising questions about where they should be permitted to fly, and who should make that decision. The FAA estimates drone sales will reach 7 million by 2020. Photo: John Weber for The Wall Street Journal




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Women Are Less Likely to Delegate Than Men

Women are less likely to delegate than men and that might hurt their careers. WSJ's Michelle Ma explains why women have a harder time passing off work to others.




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The Best and Worst U.S. Airlines of 2019

With more and more people taking flight each year, there’s a lot that can go wrong. WSJ’s Scott McCartney tallies the data for a definitive look at which airlines performed best and worst in 2019 in key categories like on-time departures, baggage handling and flight cancellations. Illustration: Ivan Canu




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Grand Princess Passengers Disembark in Oakland

Carnival's Grand Princess cruise ship docked in Oakland, Calif., on Monday. The ship had spent days off shore after several passengers and crew tested positive for the novel coronavirus. Photo: Noah Berger/Associated Press




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The Uncertainties of Self-Quarantine Amid Coronavirus

Amid an increase in confirmed cases of the new coronavirus in the U.S., more companies, religious institutions and schools are asking people to stay at home if they may have come into contact with the virus. WSJ follows the case of one man under voluntary self-quarantine. Photo: Sam Dziekan




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U.S. and Mexico Restrict Travel, Except for Trade and Workers

U.S. and Mexico have agreed to limit border crossings, restricting most nonessential traffic but allowing trade and workers to continue crossing amid the new coronavirus pandemic. Photo: Evan Vucci/Associated Press




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Can local democracy be enforced?


With the government making hollow promises that don't actually deliver local government, should citizens turn to demanding it as a right, asks Videh Upadhyay.




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Lessons in urbanisation


Every developed country built the infrastructure of its cities only during the last 100 years, often in response to crises of plagues or fires. If we learn their lessons, then we could build our infrastructure with the participation of the people, says Ramesh Ramanathan.




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A gigantic investment deficit


We have grossly under-estimated the true cost of urban infrastructure in our country. 20-odd committees have considered this over several decades, and so have the Planning Commission and several Finance Commissions. But we don't really have a legitimate figure for our urban infrastructure needs, says Ramesh Ramanathan.




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Between a village and a town


Janjgir has a poor base to raise finances and is heavily dependent on fund transfers from the state government. There is little here that would qualify this as a town, writes Kalpana Sharma.




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Growing without a plan


Rajnandgaon's location along a national highway has helped it to grow. It is also not cash-strapped. But its problem is the absence of good governance, writes Kalpana Sharma.




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Guardians of Sea Turtles


The destinies of the people of Kolavipalam village in North Kerala and the endangered Olive Ridley turtles are bound together. M P Basheer explores.




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Partnerships for a Cleaner "South"


Tackling the globalization of waste requires new partnerships that span national boundaries and different sectors of society, says Ravi Agrawal.




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Mercury levels rising dangerously


Ravi Agrawal and Kishore Wankade say that the state of mercury pollution in India is alarming and needs the concern of all. They provide a factsheet with alternatives.




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But where are the canals?


A vast network is needed to keep the Narmada promises, but funding for this vital element is mostly absent, says Himanshu Upadhyaya.




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Rethinking waste management


While holistic solutions are available, municipalities have struggled to implement them without proper planning and support from various ministries. Sanjay K Gupta reports.




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Twists in a tale of planning


After years of public participation, the National Biodiversity Strategy and Action Plan reached its final stage. And then, things began to unravel. Kanchi Kohli reports.




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As the world turns, ... and heats


Climate change is already affecting millions of people; many are forced to do the things that everyone else should be doing too - conserve forests, curtail excess use of water, and roll back pollution. Ramesh Menon reports.




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Pushing an environmental policy


The deadline for public comments from the draft National Environmental Policy expires on Oct 31. Sudhirendar Sharma reports on the context for the development of this policy and what it may portend.




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Cleaning up Bhopal cost-effectively


In addition to the aftermath of Bhopal's catastrophic gas leak of 1984, severe contamination of water and soil has taken its own toll on citizens. At a Greenpeace organized November 2004 symposium, experts put the cost of cleanup in the range of Rs.135 crores. K Rajani Priya looks at the possibilities.




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The half-life of justice and common sense


After one round of public scrutiny and an adverse order from the Supreme court, UCIL's plans for uranium mining in Nalgonda seemed to be defeated. But the company now proposes to continue down the same path, apparently unmindful of local opposition or legal strictures. Sunita Dubey reports.




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Unguarded and awaiting protection


Declared 'protected' by the central government way back in 1984, the Chimmony Wildlife Sanctuary in Kerala has suffered from emboldened poachers who have met with little resistance from authorities. But with community involvement, a local development committee holds some hope of restoring protection, reports Deepa A.




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Restoring our endangered bioreserves


Forests are a critical repository of India's biodiversity, but widespread habitat destruction is hurting. Attitudes need change too. "Compensatory forestation does not really compensate - it only replaces trees, not biodiversity", says one former top forests official. Ramesh Menon reports.




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NEAA rejecting clearance appeals coldly


On 20 May, the National Environment Appellate Authority refused to admit two appeals cases where citizens and panchayat representatives in Uttaranchal had challenged Central government clearances to two hydro-electric power projects, on grounds of failure in due process. Kanchi Kohli was at the hearings.




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Coastal sand mining push despite eco-risks


On 7 June, the Kerala government-constituted K John Mathew Commission greenlighted mineral sand mining on a narrow strip of beach and the adjacent sea basin in Alapuzha district. M Suchitra and P N Venugopal note that the report has irked the local communities as well as environmentalists.




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Expanding steel maker skirting enviro-law?


Jindal Steel and Power Ltd. is seeking environmental clearance for a proposed Rs 2000 crore expansion project in Chhatisgarh. A public hearing this January witnessed plenty of local opposition. The 17 July visit of a Ministry of Environment expert committee has not inspired faith in due process, writes Kanchi Kohli.




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Warming up to climate change


What we do know is that the temperatures are rising and that weather patterns throughout the globe are being disrupted as a consequence, says Fred Pearce, one of the best-known environmental journalists and the author of Global Warming. Pearce recently spoke in Mumbai. Darryl D'Monte chaired the discussion.




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Adapting to change, and coping


Predictions of dire consequences from climate change are not new. For some communities, however, it is already too late to ward off the changes, and their only hope lies in adapting. Darryl D'Monte reports on a conference at which scientists and NGOs discussed such adaptations.




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Adapting to change, and coping


Predictions of dire consequences from climate change are not new. For some communities, however, it is already too late to ward off the changes, and their only hope lies in adapting. Darryl D'Monte reports on a conference at which scientists and NGOs discussed such adaptations.




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Rewarding violators with room for expansion


Unmindful of evidence that Nalwa Sponge Iron Limited had started civil works for its expansion without environmental clearance, officials rush through a public hearing to review the new project. An operation that is already violating regulations is given the merit of due process for its expansion under the same law, notes Kanchi Kohli.




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How can biodiversity be protected?


In biological diversity, India is one of the richest countries in the world. But widespread destruction has already taken place and this is continuing. Urgent measures to reverse the damage are both necessary and possible. Ramesh Menon sounds the wake-up call.




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The Blue Lady anchors, quietly


Yet another ship with toxic waste has recently beached at Alang, Gujarat. The Blue Lady's owner admits that the ship contains asbestos. But the ship carries neither documents required as per international law, nor a complete inventory of its hazardous wastes, says Gopal Krishna.




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From plants to plastics


Plastics have become synonymous with modern life, but are difficult to dispose of and have become a significant source of environmental pollution. Biodegradable plastics are now a possibility, and a shift in India's agricultural biotechnology thrust may help put them to good use, says Vaijayanti Gupta.




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An undemocratic environment


Why is the world's largest democracy hesitant to apply the core principles of democracy in its environment regulatory processes? Sunita Dubey traces this to its many origins in colonialism, the role of the state, international treaties, and a strong nexus between industry and government.




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Brown cloud, or brown man's cloud?


Extensive air pollution over Asia has drawn considerable attention from the global atmospheric science community. In India, as in other Asian countries, the government as well as scientists are wary of motivated criticism, but still have much to do to put the environment in order, writes Darryl D'Monte.




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Ubiquitous, useful, and dangerous


Polyvinyl chloride or PVC is all around us. It is one of most versatile of plastic materials and its global production is at 40 million tonnes a year. Yet, PVC products are being phased around the world, and India may need to follow. Rasika Dhavse has more.




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Producers sneak into Indian delegation, endorse DDT


How did two major operators in the POPs manufacturing-sector become part of India's official delegation to a conference which aims to eliminate their production and use? P N Venugopal reports on the embarassing, but unabashed capture of officialdom by a manufacturer.




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All legislation and no conservation


A conservation legislation like Biodiversity Act is being implemented as an access legislation. The Environmental Impact Assessment notification which is has great potential for people's involvement is today a mere clearance formality. Kanchi Kohli says the Ministry of Environment must revisit its original purpose.




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CMS Vatavaran 2007


India's only environment and widlife film festival will be held this year from 12 to 16 September in the capital. This year, the theme is 'climate change', focusing on the impacts on water, agriculture, health and other areas due to our changing climate.




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Alert to the implications of climate change


Even as the IPCC's latest assessment speaks of the need for technocratic solutions to the challenge of global warming, the United Nations Security Council has signalled that this will be an issue of importance to questions of political stability and peace too. Gopal Krishna reports.




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Fail, fail, fail .... and pass!


Construction without approval. An incomplete public hearing. Failure to notify local residents in a timely manner. It seems no amount of non-compliance with the law is enough grounds for the proposed expansion of the Monnet plant in Chhatisgarh to be halted. Kanchi Kohli reports.




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Furore over EU carbon tax plans


The European Union is determined that even as it makes plans to reduce its own carbon emissions, it must act to curb the polluting actions of other countries too. Developing countries, however, see this as an indirect trade restriction, devoid of justice. Darryl D'Monte reports.




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Expert panel giving conflicted IPR approvals


Many of the institutions or departments who have sent in applications for IPR consideration to the NBA are also represented on the committee which evaluates the applications, reports Kanchi Kohli.




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Kerala mangrove island under threat, cabinet divided


Kerala's biodiversity board has asked Chief Minister V S Achutanandan to reject single window clearance for the 'High Tech City' project at the exhilarating Valanthakad island in the backwaters outside Kochi. P N Venugopal reports.




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Blundering into a Himalayan mistake


Are glaciers in the Himalayas retreating? India depends greatly on these water sources, and we should therefore be more cautious in assessing this risk, writes Darryl D'Monte.




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Environment clearance: A sham again


Want to build a power plant in an ecologically sensitive area? No problem. Just ask the ministry. Its permissions have become routine, and processes are merely paperwork to facilitate the outcome. Kanchi Kohli reports.