00:00Who's responsible for this mess in the first place?
00:03In the?
00:04Where did this ozone layer get damaged?
00:07Who sent all that carbon up there?
00:10All of us.
00:11No, I'm sorry.
00:12I support 17% of the world's population.
00:17My contribution to that carbon up there is less than 3%.
00:21The climate change is a serious thing.
00:23It's not something...
00:27So, we have to be...
00:29I'm saying this.
00:31Maybe I'm not...
00:32You're giving me the perfect opening for my comments.
00:34Okay.
00:35No, no, I completely say that SIPA is coming from this.
00:39I love what you said.
00:40Fully endorsed.
00:41We should lean back.
00:42Now, may I?
00:43Of course.
00:44I'm not saying that I'm in favor of SIPA.
00:46No, no, what's coming I've heard many times before.
00:49Yeah, go ahead.
00:49You're giving me the perfect opening for what I wanted to say.
00:53Who's responsible for this mess in the first place?
00:57In the?
00:58Where did this ozone layer get damaged?
01:01Who sent all that carbon up there?
01:04All of us.
01:05No, I'm sorry.
01:06Not India.
01:07I support 17% of the world's population.
01:11My contribution to that carbon up there is less than 3%.
01:15You support probably 3% or 4% of the world's population.
01:20And your contribution to that carbon or the mess is 6%.
01:26Is?
01:276%.
01:27I'm sorry, madam.
01:28No, no, he's talking about cumulative.
01:30Ah, cumulative.
01:31But that's what matters.
01:33It's humongous.
01:35Probably near 20%.
01:37So the problem was caused by you for good reasons.
01:43You were growing your economies.
01:44You wanted low-cost carbon-based energy.
01:48You blew coal day in and day out so that your energy cost remains low.
01:53But you is not only Europe, it's also the U.S., right?
01:56Sorry?
01:56It's not only us.
01:57It's also the United States, right?
01:58You're talking about you, you, you, you, you, you, you, you, that way, right?
02:05This is the fairness argument, the fairness argument.
02:09It's a fairness argument.
02:10And even today, as we sit here, my contribution on a per capita basis to the carbon emissions
02:19is probably less than 10 or 15% of what you do.
02:24Even today, the waste in Europe, the per capita damage to the ozone layer or carbon emission
02:33is probably seven or eight times per capita what the Indian person does.
02:42It's not per capita.
02:43It's always per capita.
02:47Well, I'm supporting 17% of world population.
02:51And I am more conscious of waste, more conscious of circular economy, more conscious that I have
03:00to also meet the needs of 1.4 billion people.
03:03I have to meet their energy needs.
03:05I have to meet their food needs.
03:07I have to be secure as a nation.
03:09Despite all of that, we have one of the fastest growing clean energy program.
03:16We are greening our steel.
03:18We are supporting global efforts towards climate, to fight, address climate change.
03:25But in Paris, when 2015, all the world came together.
03:30By the way, it was Prime Minister Modi who collected the global south, got them all to sign at COP21
03:37to our collective intention to address the climate change problem.
03:43And what was discussed and decided?
03:45It was agreed that the developed countries who have enjoyed the fruits of messing up the climate
03:57for so many decades will pay a greater price and will support the developing and less developed countries.
04:05The island nations, the island nations, the Pacific Caribbean nations, you want to support them.
04:11And what?
04:12Only $100 billion a year.
04:14That was the only support that was promised.
04:1911 years later, we haven't seen a nickel or dime of that.
04:23It's all promises.
04:24And does CBAM recognize the common but differentiated responsibility?
04:30Does CBAM recognize that the less developed countries have a right to offer their children and their families
04:39and their people also a better quality of life?
04:44I think that's the larger question which European Union or CBAM have failed to answer.
04:50They have failed to respond to the needs of the less developed countries to support them in their decarbonization efforts.
05:00And in any case, by the way, I don't mind all these regulations.
05:04The more regulations you put onto yourself, the faster will it become difficult to sustain these kind of costs.
05:15Subscribe to OneIndia and never miss an update.
05:20Download the OneIndia app now.
