The Paris climate change deal will affect residents who own Real
estate property in Ahmedabad as over the next few years, and
certainly, over a decade or more, the pollution in Ahmedabad is certain to drop
to levels more suitable for human habitation. While the Paris climate deal is
still some way from being ratified by the necessary quorum of fifty-five
nations, all of which must together account for fifty-five percent of the
greenhouse gasses emitted on Earth, it is certainly a positive step towards
reducing the amount of greenhouse gas emissions on our planet.
India accounts for only
a little more than five percent of greenhouse gas emission as opposed to a much
smaller nation such as the USA which is responsible for nearly sixteen percent
of greenhouse emissions. The largest emitter of greenhouse gasses, China, accounts
for slightly more than twenty-eight percent of greenhouse gas emissions.
India’s emissions of greenhouse gasses seem tiny when compared to emissions by
China and the US. India’s agreement to sign the Paris climate change deal seems
munificent when one considers that builders
in Ahmedabad will probably be required to find more expensive
alternatives than are used today to erect projects in Ahmedabad.
While
this is good news for the globe, it is not so good for many who work in low
paying jobs using plant and machinery which pollutes and will in all likelihood
be targeted for augmentation if and when the Paris climate deal comes into
force. Many households who live in affordable
housing in Ahmedabad may rest easy that their children will breathe a
cleaner quality of air, yet for the immediate future they may first have to
consider how to nourish their children as well as possible after the price of
much of the produce in the country begins to appreciate as a direct result of
the Paris climate deal.
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