Summary
Energy is a master resource which has the ability to catapult or cripple a growing economy. The rising threat of climate change has transitioned from climate-science conferences to billions being spent on disaster relief expenses. Global markets are increasingly demanding carbon-free products. Realizing the impending threat to their economies, several countries have announced net-zero targets. The top two energy consumers and emitters, the US and China, recently released a joint statement on climate change.
Electricity dominates the public discourse on the energy economy. However, it accounts for only 18% of India’s total energy demand. The rest 82% comprises ......