How to save this world (editorial review)

June 25

How to save this world

This particular article did catch my eye as our nation is currently dealing with the what to do and what not to do of Rio+20. This article did majorly focus upon how it is simply not possible for our nation to imply concepts of green economy to the citizens as our per capita income is not enough to fuel the subsidy cut-down that such an implication may bring.

Overall it is something very simple to understand. The concept o green economy or something vaguely similar to it called the carbon credit system dealt with the problem of pollution in an innovative manner. It was based on a very simple principle. Every commodity, just before it reaches the consumption process, however eco friendly it is, does involve a certain amount of pollution or contribution to the pollution in terms of logistics and manufacturing or marketing or any such operations which directly or indirectly involved the usage of polluting agents.

 These process would then be graded as to how much impact they cause upon the environment, and henceforth their equivalent carbon footprint would be calculated which would assign a dollar equivalent carbon credit to the company performing (gaining profit out of) these operations and an extra tax would be implied upon these products according to their environmental impact. This would therefore create a greater demand of more ecofriendly products and processes and therefore lead to better innovation.

Although this sounds to be very self-working at first sight, we need to understand that not all the nations can take an attempt at doing such a thing. This process is initially highly expensive and as the local industries develop alternatives, it gradually becomes more and more demanding in terms of the level of engineering involved in the formation of these products, both of which are very hard for the time being for India to follow.

The prime minister being good at finances certainly took a stand at this in the international conference and brought up the point that the rich nations should first begin with the process and act as a model for the developing nations. Also, certain ops related problems in the process can only be gauged once it is put into action and these richer nations do have room for experimentation which makes it more viable for them to indulge into such forms of economy.

This is, according to me the most ideal solution to be offered as the vulnerability of an already weak economy to downfall in case such an economic policy is implied, becomes too much of a risk to be put up with in the first place.

One good thing most certainly is that the nation is now taking a stand on international grounds as to what it should and should not be doing. Similar dilemmas do crop up also with the Indian foreign policy and  its relations with Iran and Iraq and it is needless to say that even though this is not at all a situation related environment, its impact on national economy and security is magnanimous and it becomes very crucial for us to take a firm stand on what to do and what not to do.

International tensions between middle-eastern countries have always been a bone of contention in their trade with other countries in terms of defense mechanisms as well and crude oil and it stands to be most important that we do not let our assets turn into liabilities by virute of a third party conflict. This also applies to the Rio+20. We must make it clear to the more influential powers at the UN that the country is not only in a state of economic distress but is also currently counting millions of chickens, desperately trying to make them hatch. Such times in a country's growth do seldom come upon where she has a huge pile of opportunities to bank upon and simultaneously is standing at the brink of the next big international conflict. And at such times, a country must truly learn to balance its ambitions with it's conscience, be there for people, make policies for the long run and stand for the good, stand firm and stand with definite decisions above a minimal threshold of diplomacy.