Energy Transition Committee (ETC), in a report last year suggested India not to make any new investment in the coal sector. ETC is now willing to work with policymakers and redesign policies, which traditionally have been ‘coal-centric’.
“We are arguing that if you are building a completely new energy system, it can be fully renewable in the coming 20-25 years,” told Lord Adair Turner, chairman, ETC told Business Standard.
ETC is launching two major initiatives this year, one is de-carbonising core infrastructure sectors globally and other is to take the vision of transition to renewable in India, said Turner.
ETC is a diverse international group that has members across the energy landscape. It was convened to help identify pathways for change in energy systems to ensure both better growth and a better climate. This is inspired by the work of the New Climate Economy. Read More…