Decarbonizing India’s energy sector

Rise in global energy demand and the impact this has on global economics and the environment continues to be an important topic of discussion across various world forums. While carbon emissions have significantly risen globally over the last 20 years, currently, India is the third-largest emitter of carbon emissions after China and the US and is projected to overtake the US by 2030 at its current pace. Need for decarbonization As per International Energy Agency (IEA) database, CO2 emissions in India had increased by 132% compared to a global average of 40% between 2000 and 2015. The emissions intensity of…