Difference between revisions of "Stalemate"
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=2014 - 2018= | =2014 - 2018= | ||
The IPCC report | The IPCC report confirmed Research reports by experts also indicate to a correlation between the increases still not very apparent and some scepticism is still exits, the voice of the green activists got considerable media attention. <br><br> | ||
It took 10 painful years for the world to recover completely from the subprime crisis of 2008. While the west was recovering from the financial crisis, the Chinese and the Indians raced ahead with growth. Today the Chinese GDP is head to head with US and European GDP. India overtook Japanese GDP 2 years ago and continues to inch closer to US and EU. China is the largest green house gas emitter accounting to close to 30% of global emissions, US emits about 25% and India follows at 20%, of the global green house gas emissions. It is incredible to see that the environment has actually paid the price of re-emergence of global economic well being.<br><br> | It took 10 painful years for the world to recover completely from the subprime crisis of 2008. While the west was recovering from the financial crisis, the Chinese and the Indians raced ahead with growth. Today the Chinese GDP is head to head with US and European GDP. India overtook Japanese GDP 2 years ago and continues to inch closer to US and EU. China is the largest green house gas emitter accounting to close to 30% of global emissions, US emits about 25% and India follows at 20%, of the global green house gas emissions. It is incredible to see that the environment has actually paid the price of re-emergence of global economic well being.<br><br> | ||
Conflicts to secure future supplies of natural resources are increasing. Unexplored poles and Africa are the main prise for major economies today. With dwindling natural resources, many cities and corporations are going big on sustainability of their operations. Cities like New York recently put an additional tax based on the carbon footprint of local businesses and households. The green consulting business is also on the rise with the big 4 consulting companies having a separate division for it. <br><br> | |||
With 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> | |||
It seems that corporations and cities would have a big role to play, rather than UN or governments, in avoiding the global warming. | |||
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=2019 - 2020= | =2019 - 2020= | ||