India says ‘no’
Even IPCC chairman Rajendra Pachauri considers India is 'very unlikely' to change its opposition to emissions targets (for India).
"'If the question is whether India will take on binding emission reduction commitments, the answer is no. It is morally wrong for us to agree to reduce when 40 percent of Indians do not have access to electricity,' said a member of the Indian delegation to the recently concluded U.N. conference in Bonn" Extract from The Washington Post
The FT thinks it may be about the money. But I doubt it. We've seen sterile dialog like this many times in the multilateral trade system. There isn't enough money to buy the compliance of countries that have conflicting domestic incentives.
Posted on 04/15 at 09:18 AM.
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