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this is misleading do the freaking maths : With their roadmap for moving to a competitive low carbon economy in 2050 the European Union has set out a cost effective path bypassing short term objectives. All major economies will have to make drastic emission cuts if Global Warming is to be held down below 2 Degrees Celsius compared to the temperature hike in pre-industrial times. For the short term the EU has put in place a system to reduce emissions by 20% below 1990 levels by 2020 and it is well on track to each this target. In terms of our own back yard, South Asia without any climate policy interventions is assumed will become increasingly carbon intensive between 2005-2030. However in the carbon tax regime that is considered necessary to stabilize GHG concentration at 550 parts per million by volume of carbon dioxide equivalent, the primary energy mix of the South Asian countries (without India) would move to the use of cleaner resources.

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