The Economic Survey does not deny climate change. It is not clear though whether the Economic Survey was making an academic argument, or signalling of possible shift in India’s energy transition trajectory. In this situation, rapid improvement in incomes and overall well-being of the people is the best insurance against climate change. It is in this context that it is sometimes proposed that the rich and developed countries do the mitigation work while developing countries focus on adaptation. AdvertisementAlternative approachesThe Economic Survey’s criticism of the established order on climate change needs to be followed up by effective action.

Source: Indian Express July 25, 2024 17:25 UTC