India Not Pressurized by US-China Deal

Posted by Joseph R. Fonseca
Sunday, January 25, 2015

Indian Prime Minister Narendra Modi said a climate deal between the United States and China does not put pressure on India, but that global warming itself was reason to take action.

India, the world's third largest carbon emitter, is reluctant to follow the United States and China in committing to a peak year for emissions on the grounds it needs economic growth to alleviate poverty.

Instead, India has plans for a rapid expansion of renewable energy, for which it needs U.S. investment and technology, and improving energy efficiency. (Reporting by Sanjeev Miglani)

Categories: Environmental Finance Government Update Legal People & Company News People

Related Stories

LNG Cargoes from Sanctioned Arctic LNG 2 Project Flow East

Estimated 55% of Indian Goods Exported to US Will Face Tariffs

US Commerce Disorganization Stalls Thousands of Export Approvals

Current News

Brazil Ships More Iron Ore to China, Competitors Lag

Great Lakes Dredge & Dock Takes Delivery of Hopper Dredge

Kabal Wins Contract with Phu Quoc Petroleum Operating Company to Optimize Offshore Logistics in Vietnam

U.S. Representative Lisa McClain Recognized as a Great Lakes Champion

Subscribe for Maritime Logistics Professional E‑News