Crux Of The Matter

IIPM PUBLICATION

Adrian Westwood, Environment Agency UK, tells B&E “Energy should not be dependent on a single source; we should widely mix our energy sources.” Presently, the world is overwhelmingly dependent on the Middle East’s ancestral resources and this status quo is hard to change. The developed world now has the means (though very expensive) to move to fresher energy domains. But for developing countries like India, deviation options aren’t so easy. Srinivas Krishnan, Team Leader, Climate & Energy campaign, Greenpeace (India office) exclusively reveals to B&E, “We have developed a blueprint to reduce carbon emissions by 4% (currently at 1000 million tonnes). We want to retain the emissions to 1100 million tonnes by the year 2030. At 8-9% economic growth, we estimated that India will require 900 GW of energy. Currently, coal forms 67% of our energy needs; this should be reduced to 10% and should be replaced by renewable fuels... 50% of total energy requirements should be from renewable sources...”

Eventually though, the onus is also on mankind to be more conservative with respect to energy usage. While the governments of the world do their bit, with brute force or symbiotic partnerships, this entire exercise would come to naught if the end-users fail to understand the value of energy resources. And the outcome won’t be pleasant at all.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative