I manufacture something with CFC's I get fined and closed down. I can move to India and get paid to stop.
---------- Original Message ---------------------------------- From: Chris Burford <cburford at gn.apc.org> Reply-To: lbo-talk at lists.panix.com Date: Wed, 05 Jul 2000 20:23:03 +0100
>India will get an $82 million grant to phase out the production of ozone
>depleting substances such as chlorofluorocarbons (CFCs).
>
>This is from the Multilateral Fund set up to implement the Montreal
>Protocol on such substances.
>
>India is chair of this fund, but the project is implemented through the
>World Bank.
>
>Could this be a precedent for capital transfers to other developing
>countries not just for phasing out CFC's but for other crucial issues in
>the management of the environment?
>
>
>
>Chris Burford
>
>London
>
>