Private sector was holding there investment until the conclusion of Copenhagen conference. As the future investment in clean technology was heavily dependent on the outcome of the 15th Conference of Parties (COP 15) to the UN Framework Convention on Climate Change (UNFCCC), private sector was anxious to hear the target world leaders would have committed to and the mitigation actions developing countries would have to take.
Prior to the conference major of the countries proposed plans and targets to further reduce their emissions; however, all of those plans were contingent on reaching an international agreement.
With no concrete conclusion deriving of the conference and many developing countries having an opinion that climate change is a moral issue, caused by developed countries and it should be solved at their cost, the counter argument was that developing countries are causing greater extend of damage to the climate due to faster industrialization and deforesting, so owners are with them.
Every one from the industrialist to governments might be relaxed as of now and relaxing on there chairs because if any concreate decision would have arrieved at Copenhagen conference then they could have been in trouble to comply with those commitments. But this is not the time to push back to our seats and relax, instead this is a time to make strategy, (What is strategy : Strategic is nothing but being different in the context one is operating).
This a opportunity knocking at the doorsteps for People/entrepreneurs who are interested in cleaner energy, people who are farsighted and can see the benefits of implementing a Cleaner energy project at this juncture, I Consider this as Value Investing and the investment made today will reap immense profit in the coming future.
Wind, not the sail determine the way we go…
Prior to the conference major of the countries proposed plans and targets to further reduce their emissions; however, all of those plans were contingent on reaching an international agreement.
With no concrete conclusion deriving of the conference and many developing countries having an opinion that climate change is a moral issue, caused by developed countries and it should be solved at their cost, the counter argument was that developing countries are causing greater extend of damage to the climate due to faster industrialization and deforesting, so owners are with them.
Every one from the industrialist to governments might be relaxed as of now and relaxing on there chairs because if any concreate decision would have arrieved at Copenhagen conference then they could have been in trouble to comply with those commitments. But this is not the time to push back to our seats and relax, instead this is a time to make strategy, (What is strategy : Strategic is nothing but being different in the context one is operating).
This a opportunity knocking at the doorsteps for People/entrepreneurs who are interested in cleaner energy, people who are farsighted and can see the benefits of implementing a Cleaner energy project at this juncture, I Consider this as Value Investing and the investment made today will reap immense profit in the coming future.
Wind, not the sail determine the way we go…
Image source: farmersguardian.com
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