BIG LEAP FORWARD

BIG LEAP FORWARD

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November 2, 2021 - 4:59 pm

 Net Zero Emission Target By 2070


India's commitment to achieve its net zero emission target by 2070 was the most welcoming move appreciated by all the countries and making 5 big-ticket announcements at the climate change meeting in Glasgow, India steps-up in existing climate targets. The US, UK and EU (27) also set the declared intentions of achieving that zero emission by the mid of this century.

India's five-point road map that is taking non-fossil energy capacity to 500 GW by 2030, net zero by 2070, meeting 50% of energy requirement from renewables by 2030, reduction of total projected carbon emissions by 1 billion tons from now to 2030 and reducing economy's carbon intensity to less than 45% by 2030 are very significant steps. India is currently the third largest emitter of greenhouse gases, releasing over 3 billion tons every year after China the US, and the European Union respectively. This is the first time India has taken any climate target in terms of absolute emissions. India's new targets are expected to provide a fresh thrust to the climate talks.

The recent focus on net zero declarations and the pressure on all countries to submit pledges for the same, is yet another attempt in reducing emission in the atmosphere. India's net-zero target silences its critics but it is along expected lines and calls the bluff on net-zero declarations of developed countries. From 1850 till 2019, the world has emitted approximately 2,500 billion tons of carbon dioxide. Developed countries have home to 18% of the global population are responsible for over 60% of these emissions. The world needs much more ambition from rich countries also so that less developed countries get some room to develop. If Glasgow didn't deliver something more meaningful, posterity will not forgive us.

 


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