https://sputniknews.in/20240111/west-pursues-own-interest-by-restricting-developing-nations-coal-use-expert-6164856.html
West Pursues Own Interest by Restricting Developing Nations' Coal Use: Expert
West Pursues Own Interest by Restricting Developing Nations' Coal Use: Expert
Sputnik India
Coal was crucial for the West's economic growth since the Industrial Revolution. However, in the past few years, these countries have been restricting poor or... 11.01.2024, Sputnik India
2024-01-11T18:51+0530
2024-01-11T18:51+0530
2024-01-11T19:13+0530
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Coal remains a "vital" part of India's power supplies, an expert has told Sputnik India.His comments come as developing nations keep some distance from COP28 pledges to reduce coal dependence as climate diplomats speak of transitioning away from fossil fuels.Meanwhile, Indian Environment Minister Bhupender Yadav has pointed to the West, which he says wants India to reduce its coal usage. Despite such demands, India's Power Minister Raj Kumar Singh told reporters last month that the country is expected to double coal production to 1.5 billion tons by 2030.India currently imports around 55% of its coal needs from countries including Indonesia, Australia, and South Africa.Western Climate HypocrisyIndia's electricity consumption is only eight percent of that of the US and 14 percent of Germany's.Meanwhile, by 2040, India will have the largest growth in energy demand across the world, and although New Delhi has pledged to build 450 GW of renewable capacity by 2030, it will still be dependent on coal as its major source.Prakash also highlighted the challenges faced by the Global South in transitioning to green fuel.However, Prakash said this transition would not be tough if it is managed smoothly and by international communities, especially by developed nations."Many argue that a gradual and well-managed transition to green technologies can actually stimulate economic growth, foster innovation, and create new job opportunities. The international community often collaborates to provide support, technology transfer, and financial assistance to aid developing nations in adopting cleaner practices without compromising their economic progress," Prakash added.
https://sputniknews.in/20230709/global-south-has-to-create-space-for-itself-in-clean-energy-says-wri-expert-2868712.html
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West Pursues Own Interest by Restricting Developing Nations' Coal Use: Expert
18:51 11.01.2024 (Updated: 19:13 11.01.2024) Deexa Khanduri
Sputnik correspondent
Coal was crucial for the West's economic growth since the Industrial Revolution. However, in the past few years, these countries have been restricting poor or developing nations from using it.
Coal remains a "vital" part of India's power supplies, an expert has told Sputnik India.
His comments come as developing nations keep some distance from COP28 pledges to reduce coal dependence as climate diplomats speak of transitioning away from fossil fuels.
Meanwhile, Indian Environment Minister Bhupender Yadav has pointed to the West, which he says wants India to reduce its coal usage.
Despite such demands, India's Power Minister Raj Kumar Singh told reporters last month that the country is expected to double coal production to 1.5 billion tons by 2030.
India currently imports around 55% of its coal needs from countries including Indonesia, Australia, and South Africa.
"India relies heavily on coal for power generation, making up a substantial portion of its energy mix. The abundant coal reserves within the country contribute to energy security, ensuring a stable and affordable power supply. Additionally, the coal industry is a major source of employment, supporting livelihoods in mining regions. Despite environmental concerns, coal remains a vital component in meeting India's growing energy demand and sustaining economic development, especially in sectors like manufacturing and infrastructure," Anjal Prakash, a clinical associate professor and research director at the Indian School of Business and IPCC author, told Sputnik India.
Western Climate Hypocrisy
India's electricity consumption is only eight percent of that of the US and 14 percent of Germany's.
Meanwhile, by 2040, India will have the largest growth in energy demand across the world, and although New Delhi has pledged to build 450 GW of renewable capacity by 2030, it will still be dependent on coal as its major source.
Stressing the fact that the West's attempt to restrict coal usage will harm developing nations like India, Prakash said, "The Global North countries are imposing green changes that could harm rising economies such as India."
Prakash also highlighted the challenges faced by the Global South in transitioning to green fuel.
"The concern for developing economies lies in the potential economic challenges associated with an abrupt transition away from fossil fuels. Balancing economic development with environmental sustainability is a complex challenge for countries of the Global South," he explained.
However, Prakash said this transition would not be tough if it is managed smoothly and by international communities, especially by developed nations.
"Many argue that a gradual and well-managed transition to green technologies can actually stimulate economic growth,
foster innovation, and create new job opportunities. The international community often collaborates to provide support, technology transfer, and financial assistance to aid developing nations in adopting cleaner practices without compromising their economic progress," Prakash added.
