INDIA IS NOT the worst offender in carbon emissions, but its carbon footprint is growing as it strives to develop and is projected to peak in 2040-45. India's carbon emissions cannot be tackled overnight: they come from sectors key to economic growth. The big ones are the energy sector, which relies mainly on burning coal to generate electricity; industrial activity, which ranges from manufacturing to construction; both private and and transportation, logistics.
Despite the current government's commitment to climate action and hitting the target of net zero by 2070, the new government that will be in place around June has to recharge efforts to phase out fossil fuels and invest in technologies. The green lobby wants to eliminate the use of fossil fuels, reduce emissions, and sustainable growth. It is up to the private sector and governments to figure out how to do it without killing the economy. India needs a comprehensive approach towards renewable energy that integrates government policies, technological advancements, financial incentives, and the community's involvement.
RENEWABLE IS THE KEYWORD
India's priority is economic growth aimed at powering hundreds of millions out of poverty, but such growth will cause energy demand to surge. The way out? A rapid increase in the use of renewable energy. Easier said than done.
The Carbon Markets Association of India (CMAI), which brings together industry experts working for a structured carbon trading system, says targets, investments, efficiency and affordability are the pillars of a renewable energy strategy.
Diese Geschichte stammt aus der February 18, 2024-Ausgabe von Business Today India.
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Diese Geschichte stammt aus der February 18, 2024-Ausgabe von Business Today India.
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WHAT THE FUTURE HOLDS FOR AMAZON INDIA
THE E-COMMERCE GIANT HAS SEEN STEADY GROWTH SINCE ITS ENTRY INTO INDIA IN 2013, BUT THE OFFLINE PIECE REMAINS A CHALLENGE. AFTER LOSING OUT ON THE FUTURE RETAIL ACQUISITION, HOW DOES IT PLAN TO KEEP THE GROWTH ENGINES REVVING?
Time To Unshackle?
Young India Is Obsessed With Apps. But The Gateway To Them Is Closely Guarded By Two Tech Behemoths-google And Apple-who Control 99% Of The Market In India. Is It Time For India To Break Free From This Duopoly And Have Its Own App Store?
"Understand what drives key talent"
Novartis India is a part of the Basel, Switzerland-headquartered pharma major Novartis AG
MILLENNIALS MISSING HOME
SKY-HIGH PROPERTY PRICES, COUPLED WITH SLOW INCOME GROWTH, HAVE MADE THE DREAM OF OWNING A HOME A DISTANT ONE FOR MANY MILLENNIALS. THIS COULD LEAD TO STAGNATION IN SOCIAL MOBILITY AND POTENTIALLY DEEPEN EXISTING SOCIAL INEQUALITIES
SIGNATURE MOVE
SIGNATURE GLOBAL, A LEADER IN AFFORDABLE HOUSING, IS LOOKING TO GET BACK IN THE BLACK WITH A SHIFT IN FOCUS TO MID-SEGMENT AND PREMIUM HOUSING AFTER LOW-COST PROJECTS BECAME UNVIABLE FOR DEVELOPERS
MAKING A MARK
PHARMA MAJOR GLENMARK IS STRATEGICALLY PLOTTING ITS WAY UP, ALL BY SHIFTING ITS FOCUS TO BRANDED AND SPECIALITY MEDICINE AND ENSURING IT GETS ITS R&D RIGHT
DIGITAL DICHOTOMY
Where does one draw the line between protecting consumer interests and maintaining market freedom? Industry and experts are debating this even as the Digital Competition Bill seeks to rein in Big Tech firms in India, the world's second-largest internet market
"ChatGPT helped people understand the benefits of using AI"
Humane Inc. Co-founders Imran Chaudhri and Bethany Bongiorno on AI, their product, the company's vision, and more
ON THE FAST TRACK
THE DEDICATED FREIGHT CORRIDORS (DFC) NETWORK OF THE INDIAN RAILWAYS HAS STARTED ATTRACTING MORE FREIGHT PLAYERS. FROM CONNECTING MAJOR PORTS TO CRISS-CROSSING MULTIMODAL LOGISTICS PARKS, DFCS ARE SET TO BE A GAME CHANGER FOR FREIGHT SERVICES IN INDIA
WE HAVE A MODEL MADE IN INDIA, FOR INDIA, AND BY INDIA"
Manish Tiwary, Country Manager of Amazon India, on the opportunities in the country, digital, and more