Together, energy efficiency and renewable energy will need to deliver more than three quarters of the emission reductions needed in the next decades to reach global climate targets. To achieve this goal, these technologies will need to be deployed much faster than they are now, requiring a more integrated approach between energy efficiency and renewables.
The World Economic Forum annual meeting last month revealed some startling facts about India and the world’s economy. The Oxfam survey highlighted that the richest one per cent in India accounted for 73 per cent of the wealth generated in the country, showcasing the worrying trend of income inequality. Recommendations to alleviate this included promotion of labour-intensive sectors and investment in agriculture.
The Indian Solar Manufacturers Association (ISMA) has demanded imposition of safeguard duty on imports of solar cells and modules, saying it would be significant to the solar manufacturing industry.
Reasons To Go Solar
#5 Increased Value of Property.
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