India refuses to budge over emissions targets

And by doing so, renders pointless the Rudd government's desperation to get the ETS into law before Copenhagen in order to give a "lead" to the international community. What is the point of Australia (1.5% of global emissions) crippling its economy when India has no intention of doing the same? Looks like there will be even more Aussie businesses migrating to the sub-continent if this madness continues:

During an awkward press conference with [Hillary] Clinton, India's Environment Minister, Jairam Ramesh, stated bluntly that India would not give in to international pressure to cut emissions.

"India's position is clear and categorical that we are simply not in a position to take any legally binding emissions reductions," Mr Ramesh said.
…
Mr Ramesh is reported to have driven home his point at a separate closed-door meeting with Mrs Clinton, saying there was "no case for the pressure that we, who have among the lowest emissions per capita, face to actually reduce emissions".

Read it here.