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India To Draft National Climate Change Plan

Posted by: Abhijeet Chavan

15 July 2007 - 1:00pm

Government will draft a policy to address deforestation, melting glaciers, and energy-efficient economic growth but officials did not mention cutting greenhouse gas emissions.

"A recent report by environmental experts said India would be among the countries worst affected by climate change...The council will work on a strategy to offset the impact of melting Himalayan glaciers which feed many of the country's rivers and are a major source of water and power. A tree planting programme will also be launched to replenish 15m acres of degraded forests."

Full Story: India makes climate change move
Source: BBC News, July 13, 2007
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Even if the report overestimates the costs by a factor of two and underestimates the tax-benefit by a similar amount, the conclusion would be pretty much the same: destination resorts cost local government and taxpayers money.
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