Pavements and road crossings

Posted on Leave a commentPosted in Economics, Environment, Politics, Travel

One unfortunate side-effect of my job is seeing all problems through a climate finance lens. See a problem that need fixing, sort-it with a green loan, possibly credit enhanced and securitised for good measure. But there are a few things in life that money(-markets) can’t buy and government has to dip into its pockets and pay for itself. Pavements are one such problem. I spent the first week of January in New Delhi scurrying around the diplomatic enclaves and the chic district of Safdarjung in southern New Delhi. The city has seen massive investment in its sleek new(-ish) metro system. […]

Four things environmentalists can learn from Hong Kong

Posted on 2 CommentsPosted in Environment, Politics, Technology, Travel

So my three and a half years in Hong Kong are up and I’m wending my way back to the UK tomorrow via the Silk Road over the next four weeks. In my work here, I often suggest environmental policies from other countries that Hong Kong might adopt. But knowledge transfer has traditionally wafted the other way, from East to West. So I thought I’d use my last Hong Kong blog to about what Hong Kong can teach policy makers in the West.   1.   The MTR (Mass Transit Railway) Now carrying around 5.79 million passengers a day in Hong Kong […]

Why are Hong’s two power utilities CLP and HKE building an off-shore LNG regasification plant?

Posted on 2 CommentsPosted in Economics, Environment, Technology

Two weeks ago I experienced the usual level of cognitive dissonance most environmentalists working in Hong Kong get from time-to-time. I spent Thursday at an uplifting conference on green finance organised by the Hong Kong Monetary Authority and the International Capital Market’s Association. Star billing went to the green bonds market, which is starting to really take off with around US$180 billions of issuance, which is around 2% of the value of all bonds issued last year. Hong Kong wants a piece of this – especially the lucrative deals from mainland Chinese banks wanting to raise finance for renewable energy, […]

Train trips in India and China

Posted on Leave a commentPosted in Economics, Environment, Politics, Technology, Travel

Christmas and New Year was spent in India attending a cousin’s wedding and a nephew’s thread ceremony. It’s always fun going back to the country of my birth. I love the food, the music, the great value for money and energy of the place. But It’s also depressing seeing how slowly it changes. India’s stagnation was made even more evident, when six weeks later, I visited the beautiful town of Guilin in Guangxi. Arrivals at Mumbai Airport set the tone. The automated fingerprint check, designed to streamline entry into the country, bureaucratically first demanded two thumbs, then four right fingers, […]

Review – Amitav Ghosh’s “The Great Derangement – Climate Change and the Unthinkable”

Posted on 1 CommentPosted in Environment, History, Review

Ghosh’s non-fiction, short book on climate change The Great Derangement is a departure from his forte – the great Asian historic novel. It has all the classic Ghosh hallmarks with meticulous research: instancing the use of coal, oil and gas in pre-colonial Burma and China; a keen understanding of science previously revealed in his novel The Calcutta Chromosome; and the virtuoso use of language we expect from him. The question the novel poses is why literature has been so perfunctory in its engagement with climate change. The evidence of clear-and-present danger from climate chaos has been with us for decades. […]