The Net Zero Aim explain in details

The Net Zero Aim explain in details

India is one of many countries that haven’t announced a Net-zero target year. Of the major carbon emitters, the US plans to reduce greenhouse gas (GHG) emissions by 52% by 2030 and reach net zero by 2050. The UK plans to become net zero by about 2050 and China plans to do the same by 2060.

The Explanation of Net Zero Aim is here, There has been some debate about whether India should announce a net-zero target ahead of the crunch climate talks in Glasgow, Scotland, next year. It is a fact that most of the countries that have announced such targets haven’t laid out a firm policy framework on how they intend to reach these. Many climate policymakers would like India to raise the country’s emissions-cutting ambition instead.

Net Zero Aim Work? 

However, clear pathways by which India could actually start working towards a carbon-free future do exist. On 12 October, the Delhi-based climate policy organisation Council on Energy, Environment and Water published a report which looks at the policy parameters that could help India realise this target in the near future. Titled Implications Of A Net-Zero Target For India’s Sectoral Energy Transitions And Climate Policy, the report analyses a few net-zero scenarios for India, with the target years of 2050, 2060, 2070 and 2080.

Net Zero Aim Report

Of these scenarios, the report takes 2070 as the most likely net-zero target year. To achieve this goal, the report states, India’s dependence on fossil fuels like coal has to peak by 2040 and then decline to nearly zero by 2070. In this scenario, to meet its energy demands, India should look to have installed solar power capacity of 5,630 GW by 2070. For context, India’s current renewable energy (RE) capacity is 100 GW, and it aims to increase this to 450 GW by 2030.

To meet the 2070 goal, India will probably need to set aside 4.6% of its land for new solar power generation infrastructure. India’s dependence on coal for power generation would need to peak by 2040 and then drop by 99% by 2060. The use of crude would need to peak by 2050 and then fall by 90% by 2070. The use of green hydrogen would also need to constitute nearly 19% of industrial energy needs by then. For this pathway, the report assumes that there won’t be any viable form of carbon capture and storage (CCS) technology.

Real breakthroughs in CCS tech, and the availability of low-cost finance, would certainly reduce India’s energy-transition costs. Without these, the report suggests, the economic cost of India’s transition will be about 4.1% of the GDP in the net-zero year of 2070.