Difference between revisions of "Stalemate"
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In the current global political canvas it was easy to predict the disappointing outcome of the climate change negotiations. What was surprising is the sudden change in the US position. Looking back on negotiations in last 8 years, US has always put economic growth in front of any environmental benefits and has been instrumental in turning any concrete steps into superficial accords. On the surface it may appear that the recent US push for stricter legal controls for green house gas emission reductions is to do with a change ideology, a deeper analysis indicates other motives. The US growth rate is almost a third that of China and US population is a fraction compared to the Chinese. Stricter controls for China indicate a considerable reduction in their future growth and thus give US a chance to catch up. Chinese saw the intent and vetoed the agreement in the negotiation. India too is facing a lot of hammering in the global image but as it turns out image is no longer important. <br><br> | In the current global political canvas it was easy to predict the disappointing outcome of the climate change negotiations. What was surprising is the sudden change in the US position. Looking back on negotiations in last 8 years, US has always put economic growth in front of any environmental benefits and has been instrumental in turning any concrete steps into superficial accords. On the surface it may appear that the recent US push for stricter legal controls for green house gas emission reductions is to do with a change ideology, a deeper analysis indicates other motives. The US growth rate is almost a third that of China and US population is a fraction compared to the Chinese. Stricter controls for China indicate a considerable reduction in their future growth and thus give US a chance to catch up. Chinese saw the intent and vetoed the agreement in the negotiation. India too is facing a lot of hammering in the global image but as it turns out image is no longer important. <br><br> | ||
= | =2019 - 2020= | ||
The exploration of almost all of the unexploited areas in Africa is picking up pace. It was reported that the last largest remaining deposit of uranium has been located in a remote part of Liberia. Geologists confirm that certain areas in Africa hold key mineral reserves and probably last few deposits of oil on the planet. <br> <br> | The exploration of almost all of the unexploited areas in Africa is picking up pace. It was reported that the last largest remaining deposit of uranium has been located in a remote part of Liberia. Geologists confirm that certain areas in Africa hold key mineral reserves and probably last few deposits of oil on the planet. <br> <br> | ||