Like many developing economies, India faces coercion from the United Nations and Europe to conform to climate policies, especially through the imposition of carbon taxes on imports into their countries. But Delhi is not about to bend to such tactics. “If they (EU and U.K.) put in a carbon tax, we'll retaliate,” said India’s Union Minister Piyush Goya at the Columbia India Energy Dialogue in New York City. “I think it will be very silly, particularly to put a tax on friendly countries like … [Read more...]