THE PATH TO CARBON ZERO
India Today|August 26, 2024
India is well on its way to meet its target of net zero emissions by 2070. Meanwhile, it needs to tap its natural resources and leverage the renewable power generation infrastructure to become a world leader in the supply of renewable energy
Jumana Shah
THE PATH TO CARBON ZERO

When it comes to going green, India may well be making others go green-with envy. The country may be the third-largest carbon emitter in the world in terms of absolute numbers, but it also has the lowest per capita GHG (greenhouse gas) emissions. Now, it is well on its way to achieve its committed target of ensuring that 50 per cent of the country's energy is met from decarbonised sources and there is more than 500 GW of green power generation by 2030.

Not only is this remarkable in itself but India seems to be doing much better than other developed countries like the UK and Germany, for instance, in meeting its Nationally Determined Contributions or NDCs. The two countries have, in fact, dialled down their targets in the wake of the pressure on their economies. India plans to hit net zero emissions by 2070, the target set at the most recent global climate change meet.

It is from here on, however, that India's journey will get tricky. For one, our energy needs are expected to grow twofold by 2047. The country's peak power demand is estimated to touch 400 GW in 2031-32 from 245.2 GW currently. Green energy is also expensive, though India is banking on technology to make its production cheaper. Then, there is the timeline. As Czech Canadian scientist and policy analyst Vaclav Smil says, a "widespread transition from one dominant fuel to another typically takes 50-60 years. It will require generations of perseverance".

Finally, for almost all the alternative energy sources available currently, India is dependent on import of raw materials critical to the process as also the machinery, even as China has become an indispensable source of critical minerals and rare earths.

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