Carbon Tax

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  • 16 March, 2015

Walk the talk on carbon tax, Mr Finance Minister

Budget 2015, presented by Finance Minister Arun Jaitley, has a first. In it, India has accepted that it has a de-facto carbon tax—on petroleum products and dirty coal. Arguably, the only big green initiative of this budget is the increase of cess on coal—from Rs 100 per tonne to Rs 200 per tonne. But the question is: is this carbon tax, imposed on the carbon content of fuel, doing what it should—reduce greenhouse gas emissions that are responsible for climate change?

  • 08 December, 2011

India's agenda on the table at Durban

November 28, 2011, Durban: On the opening day of CoP17 in Durban, India managed keep the issues of equity, intellectual property rights and unilateral trade mechanisms on the negotiation table, even though developed countries like the United States and Singapore opposed their introduction.

  • 08 December, 2011

Of stances, tactics and country positions

November 28, 2011, Durban: Key players at the climate negotiations in Durban presented a preview of their tactics which they might adopt over the next 14 days. On the opening day of CoP17, China made it clear that without finance and technology transfer on the table, the talks were doomed. The US on its part wanted the Cancun Agreement, signed last year, to be operationalised. The European Union stuck to its recent demand that a solution to global warming is only possible if emerging economies like China and India take emission reduction targets.