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Syllabus Section: Environment and Ecology (GS Paper III)
Importance: UPSC Prelims and UPSC Mains
Why in News?
Recently, India’s announcement of achieving net-zero emissions by 2070 has highlighted the importance of decarbonising the economy but the road ahead will be challenging.
About:
Decarbonisation:
Decarbonisation is the process of reducing the amount of carbon, mainly carbon dioxide (CO2), sent into the atmosphere.
Impacts of Decarbonisation:
- Industrial decarbonization will propel India towards a sustainable future and further towards deep decarbonisation but it also causes loss to several players.
- Employment in fossil fuels and energy production, heavy industry and the vehicle manufacturing sectors are expected to be significantly impacted in the coming decades.
- Steel, petrochemicals, aluminium, cement, and fertilizer sectors are hard to abate sectors and cleaner pathways are yet to prove themselves economically.
- Heavy industries due to their longer lifespan cannot retire their existing machinery and switch to green fuels due to associated costs very quickly and this will impact global competitiveness,
- Another problem with heavy industries is the requirement of high temperature heat (>500 Degree Celsius), which can only be provided by burning fossil fuels.
Approaches needed to be taken for decarbonisation of economy:
- Breaking up into shorter periods - By 2070, there will be many changes in technology, environmental conditions and the economy.
- Setting up an autonomous agency – A technically credible agency like the Climate Change Committee (CCC) in the UK should be set up.
- It would also monitor progress and annually report and suggest mid-course corrections.
- Targeting the power sector - The power sector has to be focussed because it is the biggest source of GHG emissions and also the easiest one to decarbonise.
- Setting permissible emission intensity in terms of grams of carbon dioxide equivalent per kWh of electricity sold would be a good option for targets in the power sector.
Source: Indian Express
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