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Net zero is net positive for profits, people, and planet

Pursuing green technologies will result in much faster GDP growth

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Jayant Sinha
Most Indians worry that decarbonisation will impede the country’s development. They believe that coal-based energy cannot be replaced by solar, electric cars are too expensive, and people will not switch from animal to plant proteins. Simply put, they consider low-carbon emissions (green) technologies to be worse than high-carbon, fossil-fuel based (brown) technologies. But what if this is wrong? If green technologies are more cost-effective than brown technologies, then development pathways that take us to net zero emissions will be good for India. Better still, market-driven approaches will power these pathways. Net zero will be net positive for profits, people, and
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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First Published: Aug 30 2022 | 10:59 PM IST

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