idea of capturing carbon dioxide produced at a power plant, putting it into a pipeline, deep underground.

What needs to be done is to demonstrate the feasibility of this carbon capture and sequestration technology, not as a magic bullet, but as a vital component of a broader portfolio. And then, create a set of economic incentives – both regulatory and taxed – so that new power plants are compelled in essence to adopt this technology over time.

I have undoubted confidence in this country. Seeing what economic reform and business leadership together can do, is inspiring for the world. I believe that India is going to solve all the problems I discussed, and is also going to be a role model for places on earth, like Africa, which are the hardest of all the sustainable development challenges on the planet.