No cheap change is possible
Last fortnight I asked: is India rich enough to pay for the cost of transition to a low-carbon economy? I put the question in the context of current moves in climate change negotiations which demand countries such as India—till now seen as victims of the carbon excesses of the already industrialized world—must now take full responsibility to reduce greenhouse gas emissions. The US-sponsored and India-supported Copenhagen Accord rejects the principle of historical responsibility towards climate change, radically changing the global framework of action for ever more.