As per Pandhamdur goals of India announced at COP-26 + UNFCCC: India aims to reach net zero emission by 2070 for which offset three-source are adopted.
Energy coal is used for 55% of our energy needs (BEE/M.Y.Lows).
Economic cost on transition:
1As coal is established source (55%); there is huge cost in transition to close these setups and shift to green energy
2Green energy sources are expensive to first set up (@)
3Biomaterial wind farm was one of the costliest project
4The vast material needed for green energy is expensive (3) Silicon wafers in solar cells—there higher BoP deficit
4The cost is high because they have to be imported (@) PV modules brought from China
5The artial supply of critical minerals fragile and skewed as sources are limited (@) diffusion for e-vehicle (concentrated in South America)
6The usage of sweet green system will need reskilling: there additional cost
Social costs of transition:
1Huge coal miner communities depend on coal and subsidiary industry (@) Dhanbad mines in Chotanagpur—entirely coal run economy
2Biomaterial wind farm was one of the costliest project
3The vast material needed for green energy is expensive (3) Silicon wafers in solar cells—there higher BoP deficit
4The cost is high because they have to be imported (@) PV modules brought from China
5The artial supply of critical minerals fragile and skewed as sources are limited (@) diffusion for e-vehicle (concentrated in South America)
6The usage of sweet green system will need reskilling: there additional cost
Social costs of transition:
1Huge coal miner communities depend on coal and subsidiary industries—(@) Dhanbad mines in Chotanagpur—entirely coal run economy
2An higher level skills needed to operate green systems—many workers will be laid off
3Can lead to necessary migrating to urban centres for search of new job; thus necessary urbanisation, pressure too, (by 2050-2/3 on urban centres—UN)
4The tolls are mostly associated with (coal sector) (@) in Odisha, Chhattisgarh—their development outcome-unraveled however such (@) impending communist (SCOPE) transition is (@) Public health (article 47) is regarded as (@) Sustainable goal 7 (econ) Supplier kingpins (@) Nodal bodies shift to wind re-example Thus the transition has to be INCLUSIVE as per SDGs aims of government, large scale upskilling PMEV is a good option
2An higher level skills needed to operate green systems—many workers will be laid off
3Can lead to necessary migrating to urban centres for search of new job; thus necessary Urbanisation, pressure too, (by 2050 - 2/3 on urban centre – UN)
4The tolls are mostly associated with (coal sector) (@) in Odisha, Chhattisgarh—their development outcome-unraveled, however such (@) impending communist (SCOPE) transition is (@) Public health (article 47) is regarded as (@) Sustainable goal 7 (econ) Supplier kingpins (@) Nodal bodies shift to wind re-example
Thus the transition has to be INCLUSIVE as per SDGs aims of government, large scale upskilling PMEV is a good option