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Moratorium

SC in India for GRAP-4 curbs in NCR region even if AQI below 450. Kind of moratorium on new construction including ongoing. Bali Government taking the decision not to allow new hotel and resorts for two years. There are international headlines including countries like Spain grapling with climate calamities and so is true for many other geographical locations There must be something wrong with the template of economy growth model adopted worldwide. Assumptions on cost to the society and parameters of decision making on new investments need to be re looked. Ambit of boundary extended to include waste elimination or treatment in calculation of costs on life cycle basis rather than plant BL could be one of measure. Emissions from transportation also accounted for in the kitty of producer or owner. It can not be the public cost. As it is clear from experience in recent history that control of exchequer of public account is exersized on priorities other than keeping air clean, making potable water a priority. Paradigm shift from consumption to conservation is call of time.
Location: India

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