Where does this leave India’s adherence to the Paris climate change accord and its energy policy? The Narendra Modi government seems to be planning a large increase in wind and solar power to supplement coal-generated electricity to reduce India’s incremental CO2 emissions from fulfilling its electoral promise of electrifying every village by 2022. However, as Rupert Darwall notes (“India’s problem with renewable substitutes for dependable coal-generated power” www.wsj.com, June 22, 2017), “wind and solar energy are intermittent and therefore not reliable substitutes for dependable coal-generated power”. This means that thermal-generating capacity will still be needed. But, if the grid has increasing amounts of intermittent solar and wind energy, the thermal energy component needed as a backup will not be working to full capacity, and hence will be operating less efficiently than if it were being fully utilised instead of the solar and wind sources of energy on the grid. Moreover, as these renewables have high fixed costs and zero marginal costs, the wholesale price of the electricity they generate will tend towards zero. This means that the electricity companies will increasingly find it unprofitable to invest in and maintain the underutilised thermal capacity needed to compensate for the indeterminacy of renewable supply. In Germany which made a massive switch to renewables, “in the seven years from December 2007, three German utilities saw the destruction of $76.77 billion in shareholder value. Wholesale electricity prices in India are already plunging. Over the past nine years, thermal generating capacity utilisation has fallen to 60 per cent from 79 per cent.” So over time as renewables expand on the Indian grid, its electricity companies will find costs rising and the profits they need to expand the grid falling, thereby retarding the access of Indians to cheap and reliable power. What India needs to do is turn away from the Paris accord (based on the false CO2 theory of climate change) as the US has done, and join it in co-operating to build the clean-coal energy infrastructure that India needs.