Green in focus in USD 2.3 trln India plan
Wed, Oct 13, 2010 Source : Reuters India will spend USD 2.3 trillion to boost its energy sector by 2030 by improving energy efficiency and using clean technology to help Asia’s third largest economy balance growth and environmental aims. While India will need to keep burning cheaper fossil fuel to expand the reach of electricity to half of its one-billion-plus population without power, relying on conventional energy alone would be unsustainable as reserves deplete and costs rise. And being the world’s third-worst carbon emitter only makes it imperative to shift…
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