Jairaj told Al Jazeera that the final goal “will need careful planning and execution” and require more states in India to be involved in renewable energy production. He also promised to shave one billion tonnes from the country’s projected emissions from now until 2030, reduce the economy’s carbon intensity to less than 45 percent compared to 2005 levels, and increase its installed renewable energy capacity from its current level near 100GW to 500GW over the next nine years. India is deeply dependent on fossil fuels to power its economy, with the dirtiest fossil fuel – coal – generating close to 70 percent of the country’s electricity by the end of 2020, according to the IEA.ĭuring his speech in Glasgow last week, Modi laid out a list of pledges including boosting the share of India’s electricity generated from non-fossil fuel sources from 40 percent to 50 percent by the end of the decade. “The 2070 net-zero target was diplomatically necessary – the last major economy to fall in the basket – but more a box to be checked under diplomatic pressure, and ideally should have been linked to developed countries reaching net zero before 2050.” “The perception of India’s announcement depends on the benchmark used,” said Navroz Dubash, a professor at the Centre for Policy Research. Many analysts say the only way to achieve that target is for developed countries to accelerate their timetable for net-zero emissions, and give developing nations the room and resources to speed up their targets. Getting more ambitiousĭespite growing momentum around net-zero targets, the International Energy Agency (IEA) warned last week that if all the new net-zero target pledges are met in full and on time, it would only hold the rise in global temperature to 1.8C – well short of what’s needed to limit global warming to 1.5C. “send a signal to the rest of the world – that despite significant developmental challenges and the COVID-19 induced economic challenges, India is stepping up with enhanced pledges,” said Bharath Jairaj, who leads the energy programme at WRI India.īut analysts also say that India’s climate targets should be viewed within the context of climate crisis conversations that are corralling around how to accelerate net-zero timetables to limit the rise in global temperatures to 1.5 degrees Celsius, and to what degree richer nations should pay for developing ones to green up their economies.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |