Energy Transformation in Indian Industries: The Overlooked Emission
Shubhashis Dey, January 8, 2020
India has endorsed the long-term UNFCCC (United Nations Framework Convention on Climate Change) target of limiting the increase in the global average surface temperature to 2°C and keeping it as close to 1.5°C above pre-industrial levels. However, mitigating Greenhouse Gas (GHG) emissions and restricting the process of climate changes turns out to be a greater challenge than initially envisaged due to a large political economic block of “nay Sayers” who are unwilling to act. Even economies which acknowledge man-made GHG emission as a principle reason for climate change have not contributed enough to address it. In 2018, global energy-related CO2 emissions rose by 1.7 per cent to a historic high of 33.1 Gt CO2.The failure of subsequent meetings of the Conference of Parties (COP) in reducing GHG emissions is aptly summarised by Greta Thunberg in her speech to the United Nations – “You are failing us. But the young people are starting to understand your betrayal.”
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