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India may join net-zero emissions club, but membership won’t be easy: Russell

Sumary of India may join net-zero emissions club, but membership won’t be easy: Russell:

  • Breadcrumb Trail Links PMN Business Article content LAUNCESTON — India may be the last major climate change domino to fall into place as the government considers setting a target to reach net zero carbon emissions, in line with similar moves by other major polluters…
  • India is examining setting a target of net zero emissions by 2050, according to media reports, with Bloomberg also reporting that an earlier ambition of 2047, to coincide with 100 years of independence, is being discussed among senior officials in Prime Minister Narendra Modi office…
  • If India does end up setting a target of no later than 2050, it will trump China promise of 2060 and match the ambition set out by new U.S…
  • China, the United States and India are the world three largest carbon emitters respectively, and any hopes of meeting global emissions reductions targets to mitigate climate change are largely dependent on the actions of these three nations…
  • If the United States and India do set formal targets of net zero emissions by 2050, it would mean that more than two-thirds of global carbon emissions and three-quarters of world gross domestic product would be bound to net-zero goals, according to Simon Evans, policy editor of climate website Carbon Brief…
  • Advertisement Article content However, as with China, the devil is going to be in the detail when it comes to India and any net zero target…
  • China and India both face seemingly contradictory goals, namely continuing their rapid economic growth while reducing emissions simultaneously…
  • One thing is clear about net zero targets, namely that new coal-fired power generation has be to effectively stopped, and existing generation phased out and replaced by renewables…
  • In this regard India has quite ambitious targets already, with the South Asian nation aiming for 450 gigawatts (GW) of renewable energy generation capacity by 2030…
  • The physical building of the wind and solar plants is probably the easiest part of India target, with integrating the electricity generated into the grid and dealing with the variability of output far greater challenges…
  • India still has about 36.6 GW of coal generation under construction and 29.3 GW of plants that have either been announced or are seeking permits to build, according to data on the website of the Global Energy Monitor, an environmental group that tracks coal-fired power plants worldwide…
  • Advertisement Article content Similar to India, China has made rapid progress in boosting the use of renewables, but it remains heavily reliant on coal for electricity and the latest five-year plan, released earlier this month, did little to persuade that Beijing is going to rapidly move away from coal….

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