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Editorial 1: Time to put a price on carbon emissions

Introduction:

  • In the absence of a price for the use of natural resources such as air and forests, environmental destruction has been part of every country’s recipe for boosting GDP growth. But the consequence of this approach has been the relentless emission of carbon, causing runaway climate change.

 

Ways of pricing

  • Carbon pricing, also known as cap and trade or emissions trading scheme, is a method for nations to reduce global warming. The cost is applied to greenhouse gas emissions in order to encourage polluters to reduce the combustion of coal, oil and gas – the main driver of climate change.

 

  • It is time, starting with the biggest economies of the G-20, to agree on valuing nature, including by pricing carbon effluents. India can take the lead, as president of the G-20 this year, in carbon pricing, which will open unexpected avenues of decarbonisation.
  • Three ways of pricing carbon are:
  1. Imposing a carbon tax domestically, as in Korea and Singapore;
  2. An emissions trading system (ETS), as in the European Union (EU) and China;
  3. Import tariff on the carbon content, as the EU is proposing.
  • Some 46 countries price carbon, although covering only 30% of global greenhouse gas (GHG) emissions, and at an average price of only $6 a ton of carbon, a fraction of the estimated harm from the pollution.
  • The IMF (International Monetary Fund) has proposed price floors of $75, $50, and $25 a ton of carbon for the United States, China, and India, respectively. It believes this could help achieve a 23% reduction in global emissions by 2030.

 

Impact on India

  • Carbon pricing, by signalling a price for cleaner air, makes investment in renewable energy such as solar and wind, which has huge prospects in India, more attractive. Among the three ways of pricing, India could find a carbon tax appealing as it can directly discourage fossil fuels, while raising revenues which can be invested in cleaner sources of energy or used to protect vulnerable consumers. It could replace the more inefficient scheme of petroleum taxes which are not directly aimed at emissions.
  • In most countries, including India, fiscal policy has set in place the basic structures needed to implement a carbon tax. For example, they can be woven into road-fuel taxes, which are established in most places, and extended to industry and agriculture.
  • The main obstacle is the argument by industrial firms about losing their competitive advantage to exporters from countries with a lower carbon price. It would stand to reason, therefore, for all high, middle and low-income countries to set the same rate within each bracket.
  • It might also make sense to allow companies to use high-quality international carbon credits to offset up to a certain percentage of their taxable emissions. The EU excludes transport, where higher costs would have been passed on to consumers directly, Singapore provides vouchers for consumers hit by utility price rise, and California uses proceeds from the sales of carbon permits partly to subsidise purchases of electric cars.
  • Some make a case for exempting “emission intensive trade exposed” enterprises from the carbon tax, but output-based rebates would be superior ways of doing the same.

 

Communication is important

  • All said, any type of carbon pricing faces stiff political opposition. When a new, conservative government took office, Australia repealed the 2012 tax just two years after it was instituted.
  • Recent months have revealed the political pressures on decarbonisation: soaring energy prices led the EU to sell millions of emission permits, causing a 10% drop in carbon prices.
  • Communicating the idea of wins at the societal level, even in the presence of some individual producers’ losses, is vital.
  • A high enough carbon tax across China, the U.S., India, Russia, and Japan alone (more than 60% of global effluents), with complementary actions, could have a notable effect on global effluents and warming. it could also pave the way to seeing decarbonisation as a winning development formula.

 

Conclusion:

  • As carbon pricing gains acceptance, the first movers will be the most competitive. India, as president at the G-20 summit this September, can play a lead role by tabling global carbon pricing in the existential fight against climate change.

Editorial 2: Why India should cut down on its salt intake

Introduction:

  • Consuming salt can have dangerous repercussions when taken in excess. Excessive sodium intake contributes to the rise of hypertension, heart disease, and stroke. The dangers often lurk undetected, warranting urgent attention and a revaluation of our dietary choices.

 

WHO findings :

  • An average Indian’s sodium consumption is more than double the physiological need and dramatically exceeds the World Health Organization’s (WHO) recommended daily intake of  below 5 g of salt for adults.
  • The WHO recently published the ‘Global Report on Sodium Intake Reduction,’ which sheds light on the progress of its 194 member states towards reducing population sodium intake by 30% by 2025.
  • Regrettably, progress has been lethargic, with only a few countries making considerable headway towards the objective. Consequently, there is a proposal to extend the deadline to 2030.
  • India has enacted voluntary measures to decrease sodium in food supply and promote healthier food choices. The WHO devised a sodium score, ranging from 1 (least implementation) to 4 (highest implementation), for each member state based on factors such as the extent of implementation of sodium reduction and other related measures. India’s score of 2 signifies the presence of at least one voluntary policy, emphasising the need for more rigorous efforts to address this health concern.

 

Reducing sodium intake

  • Reasons to reduce sodium intake?
  1. Strong correlation between reduced sodium intake and decreased blood pressure: As per a seminal paper in the The BMJ, lowering sodium intake by 1 gram per day leads to about 22% decrease in stroke incidence.
  2. Elevated blood pressure (BP) is a critical risk factor for cardiovascular disease, the foremost cause of mortality worldwide. In 2001, it contributed to approximately 54% of strokes and 47% of coronary heart diseases globally. This statistic has gone up since then.
  3. The staggering economic impact of cardiovascular disease on low- and middle-income countries (LMICs) is estimated at $3.7 trillion between 2011 and 2025 due to premature mortality and disability.
  4. World Economic Forum projects that the Indian economy alone faces losses surpassing $2 trillion between 2012 and 2030 as a consequence of cardiovascular disease.

 

  • Cardiovascular disease and hypertension pose significant challenges in India, primarily due to the following reasons.
  1. As per data from the Registrar General of India, WHO, and the Global Burden of Disease Study, cardiovascular diseases have emerged as the primary cause of mortality and morbidity. In the last 25 years, the age-adjusted cardiovascular disease mortality rate has risen by 31%. Hypertension has been identified as the leading risk factor for such diseases in India.
  2. National Family Health Survey (NFHS) 5 reveals that hypertension is more prevalent among men aged 15 and above compared to women in the same age group. Hypertension is more common in southern States, and Punjab and Uttarakhand in the north.
  3. At the national level, 38.5% of women and 49.2% of men are pre-hypertensive, with a higher prevalence in the northern States. There is sufficient evidence to confirm that Indians with BP readings between 130 and 139/80-89 mmHg face significant risks of cardiovascular disease, stroke, and premature mortality.

 

Government initiatives

  • The Union government has initiated several voluntary programmes aimed at encouraging Indians to decrease their sodium consumption.
  • Food Safety and Standards Authority of India (FSSAI) has implemented the ‘Eat Right India’ movement, which strives to transform the nation’s food system to ensure secure, healthy, and sustainable nutrition for all citizens.
  • In line with this goal, the FSSAI launched a social media campaign called ‘Aaj Se Thoda Kam.’ However, the average Indian’s sodium intake remains alarmingly high. Evidence shows an average daily consumption of approximately 11 grams.

 

Conclusion:

  • India needs a comprehensive national strategy to curb salt consumption, as current measures have fallen short. A multi-pronged approach, engaging consumers, industry, and the government, is crucial. Collaboration between State and Union governments is essential to combat hypertension, often caused by excessive sodium intake.