As G20 chair in 2022, India needs to focus on carbon capture utilisation technologies. Explain (200 Words)
Refer - The Indian Express
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IAS Parliament 4 years
KEY POINTS
· The primary focus within the theme of cleaner energy systems was Circular Carbon Economy (CCE), wherein the model focusses on adopting a technology-neutral systems approach to ensure energy market stability.
· In line with this, the ‘CCE Accelerator’ was also released to facilitate CCE implementation, advancing research and development of technologies and aiding national and international cooperation.
· Given the fact that priority areas tabled by the G20 chair country need to be unofficially endorsed by a stipulated number of G20 member countries, India needs to strike a balance between issues that it considers pertinent from the national perspective as well as those which are unlikely to turn into points of contention amongst member countries.
· In line with the notion of CCE, India may consider broadening the scope of the issue of climate change and acknowledge the role played by high material consumption in contributing to the energy demand and by extension to emissions.
· Many of the G20 member countries such as the European Union, Germany, China, Japan, United Kingdom etc. already have policies in place and programmes that foster the adoption of a circular economy.
· India too has made some headway, although modest, in the context of material efficiency. For instance, the release of the Draft National Resource Efficiency Policy (NREP), 2019, that represents a comprehensive framework for resource efficiency.
· Another pathway that is increasingly gaining momentum is the application of carbon capture utilisation. It refers to the recycling of carbon for producing economically valuable products and services.
· The costs associated with carbon capture can be partially offset by the revenue generated from the utilisation measures. India had identified Carbon Capture Utilisation and Storage (CCUS) as a priority area in its Second Biennial Update Report that was submitted to UNFCCC.
· As is evident, although the country is open to exploring the option of CCUS technologies, the appetite for its domestic adoption is limited at the moment. However, as the technology matures and the associated costs fall further, the country may consider designing policies and programs to encourage faster deployment.
aswin 4 years
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IAS Parliament 4 years
Good attempt. Try to provide sub-headings. Keep Writing.
Venkateshwaran R 4 years
Kindly provide feedback
IAS Parliament 4 years
Good atempt. Keep Writing.
Venkateshwaran R 4 years
