Union Minister Hardeep Singh Puri has said that achieving the net zero emissions target by 2070 is ‘little too long-term’, indicating that the country may achieve the milestone ahead of the deadline. Under the net zero target, India will completely switch to renewables by 2070.
The minister explained that energy transition in India will first be from fossil-based to cleaner fuels and further to renewables. He also noted that global uncertainty is a dynamic driver for energy transition.
Talking on the Israel-Palestine conflict, he said such crises make the energy transition faster towards biofuel, renewables etc. Israel came under attack by Hamas militants on October 7, 2023 and since then, both sides are engaged in fighting in which scores of people have died. Puri also talked about the cut in production of crude oil by the Organization of the Petroleum Exporting Countries (OPEC). He noted that in the next two decades, 25 per cent of world energy demand will come from India.
