India optimistic of being coal-free by 2050
13 Feb 2017
India will not need to build another coal power plant after 2025 if renewables continue to fall in cost at their current rate, according to a report that suggests that carbon levels could be cut significantly beyond parameters agreed at the Paris climate talks.
A report published on Monday by The Energy and Resources Institute (Teri) in New Delhi suggests that as long as renewables and batteries continue getting cheaper, they will undercut coal in less than a decade.
If that happens, it will reduce the country’s carbon dioxide emissions by about 600m tonnes, or 10 per cent, after 2030, the report said.
India is the world’s fastest growing major polluter, and its ability to curb carbon emissions will be vital in capping the rise in global temperatures. The report suggests that if the Indian ministers get their policies right, they will be able to go much further than they have already promised, and even eliminate coal-fuelled power entirely by the middle of the century.
Ajay Mathur, director-general of Teri, said: “This is perfectly achievable if government gets its policies right. India’s power sector could be coal-free by 2050.”
India is currently the world’s third-largest emitter of carbon dioxide behind China and the US, contributing about 4 per cent of the world’s total.
Source: FT