Business Standard
Thursday, Feb 16, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
|||||Opinion|||| 
 Section Home | Editorials | Compass | BS People | Columnists | Lunch with BS
Home > Opinion & Analysis Live Markets | Commodities
 

Kirit S Parikh: Surrender or success?
India should welcome the intent to restrict global warming
Kirit S Parikh / Aug 14, 2009, 00:40 IST

India’s agreeing to the declaration on global warming at the major economies forum (MEF) in Italy has been criticised in and out of Parliament. India agreed with other countries to work to restrict the increase of the earth’s temperature to 2° Celsius. Is this outcry justified? Was this a surrender by India or a success of its diplomacy?

Climate change negotiations generate much passion — as they should, for they profoundly affect many lives. So it is essential to understand the pros and cons of any stand one takes.

The starting point of any negotiation is an agreement on how much temperature increase is acceptable. That determines the global carbon budget. The next step is to allocate this global carbon budget to different countries, the total amount of carbon that mankind can collectively release into the atmosphere annually, and then to work out who should do what and who should pay for it.

To determine what level of warming is acceptable we should consider the impact of different levels of warming. The impact would vary from country to country, and even within a country, from region to region. Obviously substantial disagreement can be expected on what is an acceptable level of warming. However, the UNFCCC (United Nations Framework Convention on Climate Change), agreed to at Rio de Janeiro in 1992, has laid down some principles that can help.

The UNFCCC objective states that greenhouse gas concentrations should be stabilised at levels where food production is not threatened. By examining the impact on agriculture of different climate change scenarios, one can get an idea of what is tolerable.

In a detailed study of India, Kavi Kumar and Jyoti Parikh examined the impact on agricultural yields, output, income and prices. They found that yield losses (without considering the carbon fertilisation effect) for rice vary between 15 and 42 per cent and between 25 and 55 per cent for wheat for temperature increases of 2.5°C to 4.9°C. Correspondingly, GDP would drop by 1.8 to 3.4 per cent and agricultural, relative to non-agricultural, prices would increase by 7 to 18 per cent.

Of course, farmers can adapt by changing cropping patterns and input levels to reduce the losses. But even with such adaptation, farmers’ losses would remain significant; with a temperature change of +2°C and an accompanying precipitation change of +7 per cent, farm-level total net-revenue would fall by 9 per cent, whereas with a temperature increase of +3.5°C and precipitation change of +15 per cent, the fall in farm level total net-revenue would be nearly 25 per cent — upto a quarter of the crop output could be lost.

For India, these are very large changes, which could cause much human misery. From India’s point of view, a 2°C increase would be clearly intolerable. Other developing countries may be even more vulnerable.

Apart from the impact on agriculture, the increased occurrence of extreme events due to climate change will also affect the poor most. A cyclone can cause a significant number of deaths in India and huge property loss. Cyclones of similar intensity in advanced countries like the US may not lead to any deaths, if at all. The poor have little capacity to adapt.

In addition, large-scale out-migration from coastal zones is expected due to sea level rise. Intrusion of sea water into ground water, as well as changes in temperature, can reduce agricultural incomes. This could create a large number of environmental refugees, especially from low-lying delta regions such as in Bengal and Bangladesh. Countries dependent on agricultural production, like India, are likely to be severely affected.

Thus from India’s point of view there is much merit in limiting global warming to 2° Celsius. Getting the rich countries to agree to this limit should be a matter of some satisfaction for India.

A 2° Celsius warming limit would require industrialised countries to have deep cuts and soon. Our Prime Minister’s statement that we are determined that our per capita emissions would not exceed the per capita emissions of industrialised countries would thus require India to restrict its emissions also in the future. If the industrialised countries are able to cut their emissions they would have technologies that facilitate it. We should be able to use these technologies to restrict our emissions as well. The extent to which this would restrict our growth rate would depend on the cost of these technologies.

Nevertheless, there is considerable apprehension in India that such a limit would require India to limit its energy use in a way that would slow down our growth rate and adversely affect the poor. Of course the trajectory of India’s emissions would be affected by the warming level that is accepted. And yes, this can indeed reduce our growth rate. Yet one needs to balance the adverse impact of slower growth against the adverse impacts described above.

India can make a strong case that the level of mitigation action required by India, if any, should be very little as we are one of the lowest emitters in per capita terms. With energy efficiency and many economically attractive low-carbon alternatives we could restrict our emissions without adversely affecting growth. In fact, we need to do this in any case for our energy security. And if more action is demanded of India, we would be in our right to ask for compensation and finance so that it should not affect our growth rate.

India should welcome the intent to restrict global warming to 2° Celsius.

The author, a former member of the Planning Commission, is Chairman of Integrated Research and Action for Development (IRADe).

Email: kirit.parikh@nic.in  

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- S&P reaches 7-month high before hitting wall
- World Bank President Zoellick to step down on June 30
- Oil cos cut jet fuel prices by Rs 350/kl
- Telcos operating profit to rise 5% in 2 yrs: Crisil
- PESB recommends SS Narsing Rao for CIL's top slot
  Read Business news in 
- Now property search gets more exciting than ever before!
- IndianOil Citibank Card at Zero annual card fee
- We live for our family. have you secured them?
- Earn fuel worth Rs.2400 with Citi
- India's No. 1 Property Site. Click here to know more..
- Diseases earlier, Saving Costs, Extending Lives. Know More..
- Win a Business Class Ticket to Europe..Know more..
- Enjoy the journey as much as the destination. click to know more..
- Exim Bank Conclave on India - Africa Project Partnership. Know more..
- Medium-sized businesses are the engines of a smarter planet.
- Be part of it The World's Largest Aircraft.
- Creating Wealth made simple the SIP way. Know more..
- Only Developer to give a guarantee on time space & rate.
- Office 365 for professionals and small businesses.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
-  Introduce a New Automotive Luxury Car.. know more
- Health is Wealth..... Insurance + Savings... Know More...
Sorry, comments to this story are closed
Latest Messages
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- Nestle: Food for thought
- Kanika Datta: The importance of being SRK
- Tailor-made but not good enough
- Leela parts ways with Kempinski
- Tata Motors soars to record level as JLR propels profit
 
 More  
BUSINESS STANDARD INDIA 2012
  Now available at Special price
  Rs.395/- Only
  Buy Now
  Now available on the Kindle Store...
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
  Hot Searches  
 
IRFC bond |  Antrix-Devas |  Rafale fighter |  Junglee |  IPL 5 |  Dhanlaxmi Bank |  Thomas Cook |  TCS |  Sarfaesi Act |  Vodafone |  Aakash tablet |  Sodexo |  Rupee |  Samsung Galaxy Note |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  Anna Hazare |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us