Cyberwanderer’s Blog

December 8, 2009

Rich and Poor Nation Fight Over Climate Change

The big story today seems to be a leaked document that was going to be passed as the new climate change treaty. The document was alleged to have been put together by a few rich nation including host country Denmark and seems to reduce the emission cut obligations of the rich nations. It also hands power for future negotiation to the rich countries (ABC News Australia reported). Poor countries are threatening to walk out.

The noise generated by pro and anti Climate change advocate is a bit tiring. As far as I am concern, oil are controlled by few Texan and Middle Eastern Royalty cartel artificially making it expensive. In some countries, price fixing is illegal. Then why is oil cartel tolerated? It is also a pollutant. No question about it. Not even taking into account the global warming equation, it’s a no brainer that we should move toward renewable energy. Hong Kong already have electric car. And China are actively investing in infrastructure and research to help promote electric car (China’s BYD cheap electric car beat GM, Nissan and Toyota -CNN). Unfortunately the one spearheading this new technology is not the usual developed countries but developing country like China. It is not a question of science, the facts and technology is there, it is a question of commitment by the rich countries. Unfortunately, a lot of theĀ  rich countries have stake in oil and would keep on dragging their feet as long as they can. The wave of change is coming, either we get on board or get left behind.

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