India rejects net zero emissions target as Modi heads to COP26 climate talks
COURTESY:CNBC
India rejects net zero emissions target as Modi heads to COP26 climate talks
- After China and the United States, India is the third-largest emitter of greenhouse gases and is still largely dependent on coal and oil.
- India’s energy demand is expected to rise sharply over the next decade as the economy continues on its growth trajectory.
- At COP26, India will emphasize climate justice and ask wealthier nations to transfer technology and finance needed to help developing countries deal with the fallout from global warming, India’s Environment Minister Bhupender Yadav told local media.
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“It is how much carbon you are going to put in the atmosphere before reaching net zero that is more important,” Gupta reportedly said.
Net zero emissions refer to achieving an overall balance between greenhouse gas emissions produced and greenhouse gas emissions removed from the atmosphere, through natural means or by using the still nascent carbon capture technology.
After China and the United States, India is the third-largest emitter of greenhouse gases and is still largely dependent on fossil fuels like coal and oil. India’s energy demand is expected to rise sharply over the next decade as the economy continues on its growth trajectory.
More than 130 countries, including China, have set — or are considering setting — a target of reducing emissions to net zero over the coming decades.
Modi in Glasgow
Modi will be in Glasgow, Scotland for COP26 — the 26th U.N. Climate Change Conference of the Parties.
He is set to participate in a two-day high-level meeting with world leaders on Monday.
In a pre-departure statement Thursday, Modi said he would share India’s track record on climate action at the meeting.
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