The UN climate change talks in Durban arrived at a four-pronged Durban Package to save the planet by controlling emission of greenhouse gases. The gains and losses for developing countries like India:
Gains
* Principle of equity: Every person in the world should have an equal carbon space in the atmosphere.
* Gets nine years of economic growth without any emission cuts.
* Principle of common but differentiated responsibility: Recognising that developed countries are principally responsible for the current high levels of greenhouse gas emissions in the atmosphere as a result of more than 150 years of industrial activity; hence, there is a heavier burden on developed nations to cut emission.
Losses
Durban package doesn't mention:
* Technology Transfer: Developing countries like India have been demanding that rich countries provide them technologies that are more energy efficient and help them in reducing emissions. The intellectual property rights issues are a bone of contention as rich countries do not want to do away with the IPRs.
* Unilateral Trade Measures: India had objected to countries levying taxes like aviation tax by the European Union that will come into effect from 2012 in the name of cutting emissions.
