"India is pioneering a new model of economic development that could avoid the carbon-intensive approaches that many countries have pursued in the past - and provide a blueprint for other developing economies. . . . {India's} economic growth has been among the highest in the world over the past two decades {as coal} and oil have so far served as bedrocks of India’s industrial growth and modernisation . . . . India’s annual CO2 emissions have risen to become the third highest in the world {but} India’s CO2 emissions per person put it near the bottom of the world’s emitters . . . India’s sheer size and its huge scope for growth means that its energy demand is set to grow by more than that of any other country in the coming decades. . . . {T}he good news is that the clean energy transition in India is already well underway. . . . Subsidies for petrol and diesel were removed in the early 2010s, and subsidies for electric vehicles were introduced in 2019. . . . {The country is} laying the groundwork to scale up important emerging technologies such as hydrogen, battery storage, and low-carbon steel, cement and fertilisers. . . . A transition to clean energy is a huge economic opportunity {but support} from the international community is essential to help shift India’s development onto a low-carbon path {and} access of low cost long term capital is key to achieve net zero. . . . India aims to become a global hub for green hydrogen production and exports. . . . As a large developing economy with over 1.3 billion people, India’s climate adaptation and mitigation ambitions are not just transformational for India but for the entire planet."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Original Language: English
Available Languages (1)
Sources
Revision History
No revisions have been submitted for this quote.
Categories
Renewable energy
99 quotes on TrueQuotesView all quotes by Renewable energy →
Related Quotes
"Although photosynthesis typically has an energy conversion efficiency below three percent, it is, together with heat …"
"There is one forecast of which you can already be sure: someday renewable energy will be the only way for people to s…"
"[The] solar-energy firm known as Solyndra, which the [[w:United_States_Department_of_Energy|[US] Energy Department]] …"
"More solar energy falls on Earth in one hour than all the energy our civilization consumes in an entire year. If we c…"
"Renewable energy: dumbest phrase since climate change. See the first law of thermodynamics, dumbass."
"Every percentage point increase in homegrown renewable energy makes us that much more energy secure. The progress in …"
"One of the real breakthroughs is when someone figures out long-term storage capacity."
"The only way you can get to the very positive scenario is by great innovation. Innovation really does bend the curve."
"If you told me that innovation had been frozen and we just have today's technologies, will the world run the climate …"
"I'd put my money on the sun and solar energy. What a source of power! I hope we don’t have to wait until oil and coal…"