There is a new reality in clean energy. The world’s major emerging economies including China, India, and several others are moving to the centre stage of the clean energy transition. By betting heavily on energy efficiency, on wind, solar and other renewables, as well as other less carbon-intensive technologies, these countries are increasingly leading the way.
This is the significance of the top-level meeting of energy ministers from the world’s biggest economies in Beijing next month. The fact that representatives from fossil-fuel producers like Mexico and Saudi Arabia will join renewable-energy pioneers like Denmark and Germany for a top-level meeting in China is not a coincidence. We are witnessing a global consensus that the key to energy transition will reside with decisions made in emerging economies. . Read More…
Credit By : Financial Express
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