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LATEST NEWS UPDATES | Durban climate change talks: Go for energy efficiency

Durban climate change talks: Go for energy efficiency

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published Published on Dec 13, 2011   modified Modified on Dec 13, 2011

-The Economic Times

 

The Durban meet on climate change seems to work out fine for India. The conference has decided on a roadmap to curb emissions of greenhouse-causing gases by both developing and advanced economies; the actual accord is to be firmed up by 2015 and take effect in 2020.

The rich, industrialised economies now need to walk the talk and take concrete action to significantly curb their carbon emissions. And India needs to fast-forward climate action to lower its emissions intensity and, in the process, considerably boost its overall energy efficiency.

It is also notable that the Conference of the Parties - 194 nations at the meet - have decided to extend the commitment period of the Kyoto Protocol, as demanded by India and other developing countries. Kyoto sets binding emission reduction targets for 37 industrialised nations including the European Union.

The US never signed up to Kyoto: it would be in its interest to be federally committed on climate action after the 2012 general elections; many states there have green initiatives. The plan to fund green technologies for low-income economies also makes perfect sense.

It would be impossible for India to cut absolute levels of emissions, but it is eminently possible and desirable for India to reduce the carbon intensity of its growth and curb emissions that cause global warming. We are heavily dependent on imports of fossil fuels, and reducing carbon intensity would actually improve our energy security.

The notion that corporates, utilities and stakeholders generally can have the open-ended right to willy-nilly increase carbon emissions here simply ignores the huge national cost of such a pollution-heavy gameplan.

Adopting green, environment-friendly technologies and practices would improve our competitive advantage and shore up energy efficiency. True, adoption of green solutions would be capital-intensive and call for much investment in R&D. Hence the vital need for the developed nations, with their disproportionate share of emissions, to front-load green initiatives, cut emissions and fund R&D. It would fast-track green adaptation in China and India.

The Economic Times, 13 December, 2011, http://economictimes.indiatimes.com/opinion/durban-climate-change-talks-go-for-energy-efficiency/articleshow/11088176.cms


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