Otherwise we would anyway choke to death, once 5 billion people in the industrializing 
countries will begin to use the same amount of fossil fuels as the roughly 700 million people in America and Europe do nowadays, leading to a destructive path of irreversible pollution. Mankind pollutes the air with close to 25 billion tons of carbon monoxide per year. Global warming, ozone holes and the cost to our health and the nature from pollution add up to a nasty bill we pay for the joy of cheap personal mobility. Governments face a double-edged sword. Easing the pain by reducing gasoline taxes – amounting to between 14% and 30% of the pump price in India – could have a devastating effect on the country’s budget. While such a move may prove popular in the short term, the government would have to make up for the shortfall by raising taxes elsewhere.
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
countries will begin to use the same amount of fossil fuels as the roughly 700 million people in America and Europe do nowadays, leading to a destructive path of irreversible pollution. Mankind pollutes the air with close to 25 billion tons of carbon monoxide per year. Global warming, ozone holes and the cost to our health and the nature from pollution add up to a nasty bill we pay for the joy of cheap personal mobility. Governments face a double-edged sword. Easing the pain by reducing gasoline taxes – amounting to between 14% and 30% of the pump price in India – could have a devastating effect on the country’s budget. While such a move may prove popular in the short term, the government would have to make up for the shortfall by raising taxes elsewhere.For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
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