New Delhi: US climate czar John Kerry has hailed the Narendra Modi government’s move to lead India to a hydrogen based economy.
Hydrogen is a zero-carbon fuel, and is considered to be one of the key sources of clean energy for the future. This fuel can be produced from various sources like natural gas, nuclear power, biomass, and renewable power like solar and wind.
In the Union Budget 2021, Finance Minister Nirmala Sitharaman announced the government’s plan to launch a National Hydrogen Mission.
The government is expected to come out with a draft policy on hydrogen in a couple of months.
“India has committed to a new Hydrogen Mission which makes it one of the incumbent leaders to lead a Hydrogen based economy, ” said Kerry.
The former US Secretary of State and now President Biden’s Special Envoy on Climate said India is on the path of growth, and this path needs to be as green as possible. “India today is the third largest emitter in the world behind the United States and China.
However, India’s down-payment on the Clean Energy transmission has made the country the global market leader in the sector, thanks to which building solar energy in India is cheaper than anywhere else in the world.” He was addressing the World Sustainable Development Summit (WSDS), organised by The Energy and Resources Institute (TERI) on virtual platform on Thursday.
Kerry stressed the need for net zero emission commitment from countries to reach environmental goals.
“Net-zero emission commitment from several countries is a critical move giving us an opportunity to stimulate economic as well as environmental goals. Failure is not an option. We must understand that the whole world is in this together and that domestic action of any one country is not enough – We must always consider pushing for climate change together.”
Amina Mohammad, Deputy Secretary General, United Nations, said, “India has seen a five-fold increase in the renewable energy sector. The ISA, in India remarkably continues to deliver on its One Sun One World One Grid commitment efficiently, thereby safeguarding biodiversity and pioneering resilience in the infrastructure sector.
India has through its efforts created a major economic opportunity for a resilient nation.”
Mohammed Nasheed, Speaker of the People’s Majlis, Republic of Maldives, said, “We are developing prosperity plan in the climate vulnerable forum countries to ensure that the byproduct of development is zero carbon.
“The idea is to bring economists to formulate a development strategy to bring the same economic outcomes – Low Carbon, Less Extraction and More Recycle – These would invoke infrastructure building for adaptation.”