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India can lead the world to a post oil future of low carbon dioxide emissions because India is still primarily an agrarian economy based on peasants and small farmers. India’s energy is primarily renewable. However, with the push of globalisation, India is rushing headlong into a fossil fuel economy by destroying the biodiversity economy of her rural areas and her peasantry. Not only is this environmentally irresponsible it is also economically irresponsible from the perspective of the poor. The policies and economic activities, which lead to higher CO2 emissions, also uproot poor tribals and peasants. The current policies are eradicating the poor, not poverty.
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Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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