There exists a theory among economists called the ‘pollution haven hypothesis’ that talks about how foreign investments are related to environmental regulations. It states that companies from developed countries often seek to set up manufacturing units in developing countries not only because they can obtain cheap labour and resources, but also because environmental regulations in these countries are usually lenient, reducing the cost of compliance. But does empirical data support this hypothesis?
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Researchers at the Council of Scientific & Industrial Research - Indian Institute of Chemical Technology (CSIR-IICT) are solving two major problems faced by society today, food waste and energy production. The team reviews various ways in which food waste can be converted to fuels, power, heat and value added chemicals.