Four big carbon emitters — the US, Australia, France and Denmark — have proposed a new climate regime that'll end the differentiated responsibility enshrined in Kyoto Protocol, the existing climate regime.
The Danish proposal for the Copenhagen meet, starting on December 7, talks about pledge and verification protocol for all nations. This means each country will have to submit a domestic target for climate mitigation open to global verification.
Climate mitigation target are emission cuts, announced by rich countries or the emission intensity reduction targets, announced by India and China. Emission intensity is carbon emission for a unit of Gross Domestic Product.
The Danish proposal — similar to the ones by the US and Australia—suggests that there be emission reduction cuts for rich countries, advanced developing nations such as India, and China and adaptation regime for least developed ones.
It also proposes that each developing nation declare a peaking year for carbon emissions.
Union Environment Minister Jairam Ramesh had ruled out taking any binding emission cuts or peaking year for emissions in Lok Sabha on Thursday, while announcing emission intensity of 20-25 per cent for India by 2020 to its 2005 levels.
“Our growth strategy will ensure that the target is achievable," Montek Singh Ahluwalia, deputy chairperson of Planning Commission told HT. "We can do better, if the clean technologies are adopted in the right earnest".
The panel in a note to the Prime Minister's Office said adopting Integrated Energy Policy, which recommends increasing share of renewables in energy mix, can improve efficiency of energy sector by 40-50 per cent leading to lower emissions.
India's emission intensity as on 2005 was 759 tonnes of carbon for $1million income generated as compared with 1,354 tonnes of China.
"To meet this target, India will require a switch in its fuel mix, which is a costly proposition," said Sunita Narian, Director of Delhi-based NGO Centre for Science and Environment.