06/11/2021 - Environment

KEY POINTS

·        There’s one that sums up India’s approach to the climate problem achieving net-zero emissions by 2070.

·        For the world to achieve the goal of net-zero emissions by 2050, it is necessary that the advanced economies get there well before that while giving the emerging economies and the less developed countries more time to make the transition.

·        India’s other commitments to be achieved by 2030 appear ambitious, notably the one to meet 50 per cent of its energy requirements from renewable sources by 2030.

·        The target of creating 500 GW capacity in non-fossil fuels seems achievable, given that solar, wind and hydel power collectively account for a capacity of about 150 GW.

·        If India does not walk the talk, it may lose traction on the world stage — not least because it is the third largest emitter after US and China, even if its per capita levels are modest.

·        It has resolved to increase its coal production from 730 million tonnes a year in 2019 to 1,149 million tonnes in 2024.

·        A review of this target may be called for, in view of the falling cost of renewables and the global research in storage technologies. While coal remains the baseload option, its share in power output should fall from current levels of 75 per cent to effect the desired transition. 

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