Friday, October 16, 2009

India: You know that whole "grandchildren roasting in CO2-induced hellfire" thing? Promise us $100 billion annually and maybe we'll agree to just worry about it later

Reuters AlertNet - India says flexible on [insane climate scam]
"The developing world's demand...is a minimum of 40 percent. Now I am saying, look, that is a political statement," said Ramesh, a fiesty technocrat credited with restoring credibility to India's stance in international climate politics since he took office in May.

"If we say, let's start with 25 percent, that's a beginning. I'm not theological about this. It's a negotiation. We have given a number of 40 but one has to be realistic."
...
Initial talk of huge assistance packages has subsided and Ramesh indicated a lower start-off figure would be sufficient.

"My own numbers say that if by 2015 we're able to get a $15-20 billion financing mechanism, going up to a $100 billion by 2020, then we can make progress," said Ramesh, who already faces domestic criticism for softening India's position.

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