India Pledges Clean-Energy Push in UN Climate Submission
- `Emissions intensity' would drop 33-35 percent by 2030
- Third-biggest polluter was last major holdout in UN talks
Smoke comes out of a public bus waiting at a traffic light in New Delhi, India, on Saturday, Nov. 26, 2011. Morgan Stanley reduced its growth estimate for India to 7 percent from 7.2 percent earlier for the year ending March 31, according to an e-mailed statement today.
Photographer: Prashanth Vishwanathan/BloombergIndia, the world’s third-biggest polluter, pledged to slow the rise of greenhouse gases produced by its growing economy and to rapidly build up clean-energy sources, becoming the last major country to submit its plan for tackling global warming emissions.
In a plan filed to the United Nations Thursday, India said it would reduce its “emissions intensity” -- the amount of pollution released for each unit of economic growth -- by 33 percent to 35 percent below 2005 levels by 2030. The country also set a goal of having 40 percent of its installed electric capacity powered by non-fossil-fuel sources by 2030.