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ORF Monitor
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Vol. VIII Issue. 28
Rising Powers and Climate Change: The Case of India
30 December 2011

"Chronic inequalities between the two groups mean that GHG mitigation is valued more by rich countries than by poor countries. GHG mitigation as a public good has built-in 'free rider' (non-cooperative) incentives and consequently poorer countries prefer that richer countries do more. India uses the perfectly rational strategy of exploiting 'free rider' incentives..."

OIL & GAS

- India plans three-fold rise in emergency oil stockpile
- Iran to block oil through Hormuz if sanctioned
- Ukraine to invest $1 bn to develop 3 Iranian oil fields

POWER

- Shenhua to build Asia's biggest coal-fired power station in southern China
- BP keeps Australia solar venture as it exits business globally
- South Korea's power utilities pledge to raise renewable energy portfolios


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