Tuesday, August 25, 2009

Wicked clime for global warming

Deepak Lal on “Spiking the road to Copenhagen

  • “The Western obsession with curbing carbon emissions is wicked and also economically foolish,
  • Three cheers for Jairam Ramesh! India at last has an environment minister who is willing and able to denounce the hypocrisy and immorality of the West in twisting the arms of India and China to curb their carbon emissions. He is right to make it clear that India has no intention of signing the new ‘climate change’ treaty in Copenhagen in December, which would put curbs on the carbon emissions of the Third World. If they do not comply they are being threatened by the draft bill going through the US Congress to levy carbon tariffs on their exports.
  • ……..until technological advances can allow alternative ‘green’ energy sources to compete with the fossil fuels, whose use is gradually eliminating poverty in the Third World as in the West’s own ascent from poverty, a call to put any curbs on carbon emissions is in fact to condemn their billions to continuing poverty. Whilst numerous Western economists and do-gooders shed crocodile tears about the Third World’s poor, they are willing at the same time to prevent them from taking the only feasible current route out from this abject state. Nothing is more hypocritical and immoral than rich Westerners driving their gas-guzzling SUVs emoting about the threat to Spaceship Earth from the millions of Indians who want to drive Nanos.
  • A study of the costs to the Indian poor of curbing carbon emissions has estimated that, over a 30-year time horizon, with a 10 per cent annual emission restriction the number of poor increases by 21 per cent, even in the short run, and by nearly 50 per cent for a 30 per cent annual emission reduction (Murthy, Panda, Parikh: ‘CO2 emission reduction strategies and economic development of India’, Margin, 2007). Those development economists and sundry celebrities, who on the one hand, want to see the end of world poverty and on the other, to curb Third World carbon emissions, should be ashamed of themselves for advocating the latter path which will make the former goal impossible to achieve.
  • This new and growing scientific evidence that human CO2 emissions have little to do with climate change makes the current Western political obsession to curb carbon emissions at a vast economic cost extremely foolish. For India it would mean not only reversing the current trends in poverty alleviation, but a vast increase in the numbers of the poor who would otherwise be pulled out of poverty. India should have nothing to do with Copenhagen. If this means there is no climate change treaty, it might also save the West from its current path to committing economic hara-kiri.

Indeed, Ayn Rand also argued in the 70s in her book The Anti-Industrial Revolution that the “technological advances can allow alternative …..sources to compete …..eliminating poverty in the Third World

No comments:

Post a Comment