Rising standards of living are a “nightmare?”
Posted by Aaron Morris on January 13th, 2008 in economics, environment |
This week we learned that India’s Tata Motors has unveiled a $2,500 car “for the masses” in India. It’s clearly a triumph of engineering, manufacturing and design sciences, right? Now people who could not afford transportation to places like work, health care facilities and schools may be able to.
It marks an unprecedented rise in standards of living for the Indian people.
Right on cue, enter the doomsayers:
Chief U.N. climate scientist Rajendra Pachauri, who shared last year’s Nobel Peace Prize, said last month “I am having nightmares” about the car.