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

US Importers Place Spring Orders Early Amidst Tariffs Anxiety

SRI Study Shows a Growing Number of Countries Implementing Cabotage Laws

US, Australia Sign Critical Minerals Agreement, Back Submarine Deal

Current News

Trump Administration Seeks to Negotiate with China on Shipping

CMA CGM Reverses Mali Suspension

LNG Canada Starts Up Kitimat Train 2

Maersk Shares Q3 Report Above Forecast, Warns Falling Freight Rates Will Impact Q4

Subscribe for Maritime Logistics Professional E‑News