Goras are always smart and are always 2 paces ahead of Asians.
So, they devised some dubious strategy "to control the development of India & China".
The economies of developed countries are slowing down and hence there is no scope for more business in those countries.
Plus, all these developed countries want to make money in India & China.
"Behti ganga mein haath dho lo" !!
So, sell technology to India & China and also get a chance to pollute more (that way capacity of their companies can be increased or new companies can be opened in the name of carbon credits).
In the end, India & China will have to struggle to achieve their objectives. Both countries will take atleast 10 years more to come close to be called a "semi-developed country" but where as by 2012, these countries will be sitting pretty.
There is definitely some tricks in this new game. Its not that simple as it looks.
And about MCX, its just a gimmick. They just want to make some money ... thats it.
RE:Who is benefitted in the end ?
by Subraya Hegde on Feb 05, 2008 05:26 PM Permalink
Guys, Don't believe these GORA people...For money, theyc an do anything...
RE:Who is benefitted in the end ?
by Indian on Feb 05, 2008 03:54 PM Permalink
sounds like a "communist" remark, even the communist China is taking advantage of this system. And they are earning 40 times compared to what India will benefit...u do have a logic saying that it may impede the growth of India, but Indian businessmen are smart enough not to invest in a new unproven technology and incurr huge costs and mar the profitability just to get carbon credits...
india is trying to get the advantage just by cutting down emissions by tapping ecofriendly methods and not "out of the universe technologies"
RE:RE:Who is benefitted in the end ?
by chetan shetty on Feb 05, 2008 04:37 PM Permalink
carbon trading is good for India and all developing countries...also developed countries will have a cut on their GHC emissions....guys know the subject before you faat anything on such blogs....
RE:RE:RE:Who is benefitted in the end ?
by chetan shetty on Feb 05, 2008 04:43 PM Permalink
I'm sure that India unknowingly has vaste carbon credit, like hydro power plants,wind powers, bio plants, reuse of municipel waste, subsidised solar panels for masses...one day all these green form of engery used in india will pay off...developed countries will have to buy form us...its a very good idea....hope carbon limits will come down to common man with per capita carbon limits..with which population such as india and cina will benefit a lot...overall very good stuff and i'm proud if MCX that it has started tarding already..
RE:RE:RE:RE:Who is benefitted in the end ?
by chetan shetty on Feb 05, 2008 04:43 PM Permalink
I'm sure that India unknowingly has vaste carbon credit, like hydro power plants,wind powers, bio plants, reuse of municipel waste, subsidised solar panels for masses...one day all these green form of engery used in india will pay off...developed countries will have to buy form us...its a very good idea....hope carbon limits will come down to common man with per capita carbon limits..with which population such as india and cina will benefit a lot...overall very good stuff and i'm proud if MCX that it has started tarding already..