Down To Earth: Climate-friendly Approach To India's Economy
CCUS: A Climate-friendly Approach To India’s $5 Trillion Economy
Down To Earth, Rupali Handa and Sangeeta Baksi, 26 February 2020
(Image courtesy of Down To Earth)
India needs sustainable sources of energy to fuel its growth and cater to the aspirations of its over 1.3 billion population. An enormous strategic thrust on infrastructure development will make the country a leading consumer of steel and cement, both coal-intensive industries, which increase carbon footprints.
Coal still fuels India’s robust economic growth, according to a 2019 report by the International Energy Agency (IEA).
The country’s goal of becoming a $5 trillion economy by 2024 will further boost industrial energy demand, especially for electricity production, according to the report. This will continue to add carbon emissions and thus add to the problem of climate change.?
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