, Columnist
There’s an $80 Billion Hole in India’s Climate Pledge
Unless governments are prepared to depoliticize power and overhaul debt-ridden state electricity companies, the nation will struggle to meet its renewables target.
It’s a political tool.
Photographer: Dhiraj Singh/BloombergThis article is for subscribers only.
When it comes to saving the planet, the ambition of India’s reach is praiseworthy. The challenge lies in the weakness of its grasp.
After emphasizing for years that a pathway to going green was more important than a deadline, India surprised delegates at the COP26 climate summit in Glasgow by announcing a net zero goal for emissions by 2070. More onerous than that longer-term commitment is the intention to use non-fossil-fuel sources for half of its energy needs by 2030.