Quick notes: Economy in 2050, Carbon tax...

• PwC report: China, India to overtake U.S. economy by 2050.
  
  Largest GDP-PPP in 2050:
   1. China
   2. India
   3. U.S.
   4. Indonesia
   5. Brazil
   6. Russia
   7. Mexico
   8. Japan
   9. Germany
   10. U.K.
   11. Turkey
   12. France
   13. Saudi Arabia
   14. Nigeria
   15. Egypt
   16. Pakistan (..please ignore this, there will be no Pakistan in 2050)
   17. Iran
   18. South Korea
   19. Phillippnes
   20. Vietnam
  
  GDP purchasing-power-parity calculations aren't the gold standard for most U.S. macroeconomists.



• Republican Group Calls for Carbon Tax: $40 per ton of carbon dioxide produced.



• Renewables Boom, Emissions Plunge: Since 2007, U.S. GDP has grown by 12 percent, while energy consumption has fallen by 3.6 percent.



• BJP's Uttarkhand miscalculation: “The BJP was certain to get a decisive mandate had we not indulged in toppling Rawat. Now, we have welcomed even the liabilities of the Congress into our fold.”



• Om Shreem Shriyei: