Carbon reduction targets today
Government is likely to announce carbon intensity reduction targets.
But this move is certain to become controversial as even India’s negotiators and climate change experts here have been maintaining that New Delhi should only offer energy intensity targets to safeguard the interests of the domestic industry.
The preference of energy intensity over carbon intensity target has been on account of the need to protect India’s manufacturing sector. A commitment to reduce carbon output per unit of GDP would hamper the manufacturing sector as it would be forced to make additional investments to move to a low carbon trajectory.
Another reason why negotiators prefer an energy intensity target is India’s track record. India has progressively reduced its energy intensity since the mid nineties.
Reports suggest that the government is of the view that it is possible to reduce carbon intensity by 24% by 2020 compared to the 2005 levels. As extension, it is estimated that by 2030 India could achieve a reduction in its carbon emissions by 37% from the 2005 levels.
The figure of 24% could have been based on the country’s energy intensity reduction projections. In the XIth plan document, the government has set a target of 20% reduction in energy intensity by the end of the plan period in 2012 from the 2007 baseline.
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