We must act now to clear our path to carbon neutrality
The success of India’s transition to clean energy aimed at carbon neutrality will depend on the timely availability of minerals whose supplies are constrained and expected to get costlier.
Net zero emissions or carbon neutrality has been talk of the town globally. At the onset of CoP-26 in Glasgow, developed countries led the push for a net-zero world. India has shown determination by setting a target of carbon neutrality by 2070. Reducing emissions is as vital to the effort as removing carbon. A transition from fossil-fuel-based energy to renewable sources holds the key. Currently, nearly 40% of India’s installed power capacity and 25% of electricity generation is non-fossil-fuel based, with renewable energy (including large hydro plants) at 37% and 22%. Yet, multiple hurdles lie in the country’s path from coal-based to clean renewable energy.