Post 32- You all are hearing news that the newly elected President of USA is moving at faster pace to make up for lost years on actions required for CLIMATE CHANGE initiatives. What it means to us - just my views as I was part of Indian contingent when Clinton Climate Initiative was launched many years back . The expected cost-benefit calculations changes within the ESG
(Environmental, Social and Governance factors framework) will bring investment in energy efficiency and environmental improvement sector. By raising the costs of climate change, the Biden administration hopes to change cost-benefit analyses in a way that makes strong regulatory action more economically appealing and less susceptible to negative court rulings . It is also expected that the process of forcing agencies to calculate the costs that carbon dioxide emissions impose upon society. So, positive changes are expected globally and let’s hope for the best .