This is a picture I took on a visit to Madison Wisconsin. I like Madison for very many reasons. Funny pictures aside, Madison is a progressive city.
The Mayor of Madison was recently in the news for joining the US Mayors Climate protection agreement. Mayors of 187 American cities, representing 40 million people in over 30 states, have signed the agreement to adopt Kyoto and pledged to reduce carbon dioxide pollution to 7% below 1990 levels by 2012
This is the second instance of a rebellion against Bush administration and its stance on Global Warming. The first revolt came when 9 Northeastern states decided to adopt Kyoto.
Did you know, the energy bill that was passed in August 2005 has a 8 billion dollar tax cut and incentives for the oil companies. This when Exxon Mobil is having a 75% profit increase in one quarter alone. How can the administration be so shameless?
Bush bashing aside, any discussion on the Kyoto protocol is not complete without talking about developing economies. China, India, and other developing countries were exempt from the requirements of the Kyoto Protocol because they were not the main contributors to the greenhouse gas emissions during the industrialization period that is believed to be causing today's climate change.
I agree with the sentiment. Sentiments aside, is that a disastrous stance to take? If the recent NY Times article on China's growth is any indication, China will soon become the largest contributor of green house gases. In some ways, India is also a similar story. Developing economies need to be part of the overall effort. It is vital.
I would like to point out that India did ratify the treaty in August 2002. It is however exempted from the requirements of the treaty. So is India totally oblivious to Kyoto ? No. There are many companies in India vying for carbon reduction credits and are thus motivated to reduce co2 emissions. All such activities are however at a micro level. I feel India as a country needs to set an achievable and realistic carbon reduction target and put together policies that will help us get there.
We can all sit and complain that the rich nations ate all the pie. In my ever optimistic and wishful ways... I feel, if we all work together we might make up for all the wrongs of the past.
The cliche, "It will hurt our economy" is no longer acceptable. If we don't have a healthy environment, we don't have a future.
Quote of the day
"The future has a way of arriving unannounced"~George Will