Six charts show hard it is for India to hit net zero by 2050
Live MintTop Indian government officials are debating whether to set a target for net-zero greenhouse gas emissions by 2050. Committing to a legally binding net-zero target would help India attract some of the trillions of dollars in investment that’ll be required for a green transformation, lawmaker Jayant Sinha, a member of Prime Minister Narendra Modi’s Bharatiya Janata Party and an advocate of a 2050 goal, said in an interview. Fossil dependent Just three fuels meet about 80% of India’s energy demand: coal, oil and solid biomass such as fuelwood, animal waste and charcoal. Oil and petroleum are used to power not only cars, trucks and railways, but also industrial machinery and even the pumps which deliver water for India’s agricultural sector. Rising demand India’s energy use doubled since 2000 as hundreds of millions of citizens added an electrical connection, and the nation’s consumption is forecast to accelerate sharply.