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India can save energy and grow December 12, 2007 The main issue for India is its reluctance to accept emission reduction commitments that will tie its hands in pursuing growth to end poverty, something you cannot do without consuming more energy and raising emissions. On the other hand, there is the need to be a good global citizen, share responsibility for mitigating global warming as matters like climate and emissions do not know national borders. It is difficult for large countries like India and China on a high growth path to opt out as though they didn't create the problem, they will have to be a party to the solution. This is because they will account for a large chunk of future emissions. It is by now well known that India ranks nowhere in terms of per capita energy consumption and carbon dioxide emission. But if we look at countries with which India bears comparison, the picture changes a little when it comes to carbon dioxide emission per unit of energy consumed. The picture is equally significant when we look at how energy-efficient and carbon-intensive our economy is. Here India is well-off in comparison with only Russia and China and way behind the rich countries and also Korea. But the picture changes dramatically when we look at national income calculated in terms of purchasing power parity (PPP). On carbon-intensity, Sweden's status is exemplary and Brazil is also way ahead, but India does better than the rich countries, sometimes by a wide margin. The point about PPP is that it is a consequence of low costs and incomes. India has not yet made the kind of dramatic commitment to cut energy-intensity that China has, by 20 per cent during 2006-10, but things have been moving, as the record shows. A UNEP and World Bank study, called the three-country energy-efficiency project (covering China, India and Brazil) notes that a new energy-efficiency lending programme financed by Indian banks has made progress. Steps like these can cut energy use by 25 per cent. So a lot can be done and something is already being done to improve the Indian economy's energy-efficiency and carbon-intensity without sacrificing the goal of rapid growth. Powered by More Guest Columns | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||