Isramart : Carbon tax vs cheap talk

Isramart news:
Rich countries seem to have abandoned the idea that the upcoming Copenhagen conference will make much progress on global warming. The UN General Secretary’s office is trying to dampen expectations. However, this should not dampen India’s stance at the conference. Copenhagen offers India a chance to make an important statement on the international scene. With only self-interest in mind and with enough resolve, the country can also set itself up for forward-looking, efficient industrial growth and make it easier to maintain fiscal balance.