Clean energy boost will not impact economy
03 Aug 2021
Mr Nitin Prasad, Country Chairman, Shell Companies in India
The Hindu Business Line
Huge investment is needed to address air pollution and climate change. However, India's twin goals of driving economic development and environmental sustainability are not in competition. A lower-carbon energy system, combined with universal access to energy, can drive growth in urban and rural areas through efficiencies and new opportunities. And, over time, decarbonisation efforts can mitigate the enormous cost of the impact of climate change. The country is rapidly developing and industrialising, and that will be inherently emissions-intensive if it follows the path previously taken by other leading economies.