Items filtered by date: September 2009Srivastava, Leena, 20 October 2009
Financial Chronicle
In meeting after meeting in the international arena, Indian delegates have supported the stand of their government, articulated brilliantly in 1992 during the Rio Conference, that the developed countries are historically responsible for emission of greenhouse gases (GHGs), which have put planet earth at peril.
It is this historical degradation of our environment that has fuelled the economic growth of developed countries and given them their current income levels and, therefore, it is they who need to pay for the ‘clean-up’ — the polluter pay’s principle. We have also concurred with the equity principle that bestows an equal right to consume (or pollute) earth’s resources on every citizen of the world.
