But the same America rejected him in favour of George Bush, coincidentally (or perhaps, not so coincidentally), his chief target. Unfortunately, it’s indeed a shame that the US, which is the largest contributor to carbon emissions, has refused to take the lead in retrieving the world. Statistics clearly show how the US alone contributes to over 30% of the world’s greenhouse gases, yet Bush very conveniently backed out on his election pledge to cut down on CO2 emissions. The US asserted that capping carbon emissions is akin to slowing down economic development. Bush also reversed a ruling for mandatory reductions in CO2 emissions in electric power plants in the US. But interestingly, he refused to ratify US support to the Kyoto Protocol (Australia supported the US on this) stating that this Protocol wrongly exempted developing nations (like India & China).
For Complete IIPM Article, Click on IIPM Article
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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