India News
India and China can fight climate change without the US | Writer | Admin | |||
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Among the world’s biggest carbon emitters today, India and China are set to become leaders of clean energy growth in the future.
If President Donald Trump pulls the United
States out of the Paris climate deal, he will be standing with only other two
nations in the world — Syria and Nicaragua — who are not participating in the
historic agreement signed in the winter of 2015.
The remaining 192 nations have joined hands
to fight climate change, which harm the rich and the poor alike. That should be
a reason for cheer.
The world’s biggest economy, on the other
hand, has always shied from contributing to a greener world. In 1997, President
Bill Clinton agreed to the Kyoto Protocol, which provided the first global
mechanism to reduce carbon emissions. It then failed to get ratified by the
Republican-dominated US Senate. Clinton’s successor, George W. Bush, wrote off
the protocol completely.
What Trump is doing is not new.
The Kyoto Protocol without the US still
enabled developing countries to grow in a more environmentally sustainable
manner. India and China accounted for around two-thirds of the projects
registered under Kyoto’s Clean Development Mechanism (CDM), a program for
facilitating green economic development.
China became the world leader for producing
solar and wind energy and for manufacturing the needed technology, stealing the
thunder of the European nations that had pioneered the field. India received
help building the Delhi metro and growing forests in Haryana, Andhra Pradesh,
Himachal Pradesh, and elsewhere.
Because of Kyoto, the emissions of India
and China have been many times lower, and the world more generally has been
cleaner. Rich countries, meanwhile, have been allowed to offset their own
emissions by funding these clean energy initiatives.
Former president Barack Obama, who was
among the most important contributors to the Paris negotations, wanted to
target green energy in emerging markets by investing heavily in research on
super energy-efficient appliances, hybrid vehicles and off-shore wind turbines.
Trump is undoing this effort by cutting federal funds for clean energy research
and investments.
The Paris accord included a promise that by
2020 developing countries would receive 100 billion dollars yearly to encourage
green economic growth. Trump’s likely abandonment of the agreement imperils
that hope. Still, the loss of American participation might be a blessing in
disguise for the developing world.
As a part of the Paris climate deal, India
assured the world that 40% of its capacity to generate energy would come from
green sources by 2030. China’s plan sets a target of 20% renewable energy by 2030,
which would require more than double the total green energy produced under
India’s plan.
More emphasis on green power would mean
more rural electrification and more jobs. In 2016, one-third of Indian
households lacked electricity. The United Nations Environment Programme
estimates that green power will create a million new jobs in India and will
boost its exports through the sale of new commodities.
India already has the fourth biggest wind
power capacity after China, the US and Germany. In May 2017, India’s solar
power generation price for the first time dipped below that of traditional
thermal, which should make the use of sun power more widespread in rural areas.
Under the Goods and Service Tax to be enforced from July 1, electric cars will
get a tax rate of only 12% while other cars will be taxed at 28%.
These proactive measures signal that India
is unlikely to back Trump on climate change. According to media reports, Prime
Minister Narendra Modi this week assured German Chancellor Angela Merkel that
India will stick with the Paris agreement and contribute to mitigating climate
change, provided it gets help from the developed world.
Former US president Barack Obama wanted to
target this market by investing heavily in research on super energy efficient
appliances, hybrid vehicles and off-shore wind turbines. But, Trump has undone
his effort by cutting federal funding for clean energy research and the US
would lose an opportunity to harness this flourishing market.
One result of Trump pulling out of the
agreement would be additional negotiating strength for India and China. The
rules of the Paris agreement still have to be finalised before 2018, two years
before the deal becomes operational. But India and China account for one-fifth
of the global population and make up the world’s biggest market for green
energy: the other signatories cannot afford to lose them if they are to reach
their target of keeping temperature rise within 2 degrees or less of
pre-industrial levels by 2100.
Surely the climate-friendly community does not need the United States to make the planet cleaner.
|
No | Subject | Writer | Date |
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79 | India Leads on Climate Action as Trump Exits Paris Agreement | Admin | 17-06-12 |
78 | India launches powerful new rocket | Admin | 17-06-09 |
77 | Cabinet approves MoU between India and Korea for export credit of USD 9 billion | Admin | 17-06-09 |
76 | India climbs to 9th position on FDI inflow list, US retains top spot | Admin | 17-06-09 |
75 | Samsung set to invest W700b in India | Admin | 17-06-05 |
74 | Coach Inc. came to India with a long-term strategy, says Ian Bickley | Admin | 17-06-05 |
73 | India to sell only electric cars by 2030 | Admin | 17-06-05 |
72 | India and China can fight climate change without the US | Admin | 17-06-02 |
71 | India's New Heavy Rocket Could Launch Humans to Space | Admin | 17-06-02 |
70 | Indian state Chhattisgarh woos Korean investors | Admin | 17-06-02 |