Alarm bells are ringing in Delhi: there is a rumour that the European Union proposes to levy a carbon tax on imports from India. The excuse would be that the EU, together with other signatories to the Kyoto treaty, has done much to cut carbon emissions, even at the expense of its industries. India, however, did not sign the Kyoto treaty, and has gone about merrily increasing its carbon emissions. It saved money by not spending on carbon-saving technologies. Its industries have therefore gained an unfair advantage, and only deserve to be punished.