Public Chronicles

The seminar titled 'Why Waste Water: Rethinking Water Resource Management in Pakistan' was organized in Islamabad with the collaboration of Sustainable Development Policy Institute (SDPI), World Wide Fund (WWF) and Nestle Pakistan. The current status of water related issues were discussed while focusing on the conservation of water in the region. While moderating the session on Why Waste Water: Rethinking Water Resource Management in Pakistan, Dr. Imran Khalid Research fellow at SDPI, stressed on the lack of implementation strategies for effective management and conservation of fresh water resources in our region. We have laws and regulations for water management but they are not being implemented properly. Head of Cooperate Affairs at Nestle Pakistan, Mr. Waqar Ahmed, emphasized on the water by addressing its application in agriculture which consumes 60% of the entire water of our country. Nestle and government of Punjab are collaborating in providing subsidies to

Cape, trade and Carbon dioxide: Cape and trade is the most environmentally and economically sensible approach to control greenhouse gas emissions. The "cap" is a limit on emissions; amount of pollutants release which is reduced over time while the trade creates a market for carbon allowances ( economic incentives) in form of permits, taxes, legal emissions limit etc. (per year) There are two reasons for the economic incentives: Money raising for further environmental friendly activities Discourage industrial and business individuals to emit less. Critics of direct tax believe that taxation is not a very effective measure for businesses as they pass on their taxes in their prices on the consumer ( though there is decrease in sales graph yet not very much effective). Critics of legal emissions believe that government may pace unfair burden on businesses while fixing taxes. Also the need of extensive monitoring may place burden of society's economics. These pote