I received this comment on the previous post on the Indian emissions plan.
Quote: “Wow, for 10 years??? That is ridiculous! They are the second largest country population wise and they set this example? I think there should be some sanctions or something. At least some tariffs. Thanks for the news”. Unquote.
I think this is not ridiculous at all. Why should a poor country like India set an example on emissions when the richest country are doing nothing.
One correlation is for sure from the past. Cheap energy and wealth of a country are connected all else
being equal. Emissions are connected to cheap energy.
The solution is see is not emission caps but cheaper clean energy. Will a emission scheme deliver the incentives or Will it be a pigou tax or will it be government funded private based research.
Whatever way, a solution to cheaper clean energy is the solution to the Emissions problem.
We cannot stop wealth to be created for the poor.
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