Prime Minister Narendra Modi announced at the 26th UN Climate Change Conference in 2021 that India will achieve zero emissions by 2070. India may need more than $10 trillion in investment to reach its net-zero emissions target by 2070.

A joint white paper released. It says India will continue to rely on coal for electricity, at least in the near future. Therefore, the country needs to focus on and encourage clean coal technologies to further reduce carbon emissions.

The report further recommends policy actions critical to a sustainable industry-driven future. It is suggested that in order to achieve this, India must overcome the import dependence of the energy sector through measures to incentivize domestic production, such as production-linked incentive schemes. Keywords: overseas news, engineering news

Using carbon capture technologies to use coal, the largest primary energy source and sourced domestically, for energy using carbon capture technology, is met through demand-side incentives and cost-cutting policies to encourage the promotion of green hydrogen. Most importantly, create carbon markets and incentives for the adoption of clean energy technologies. India also needs to take some policy measures to help deepen the green bond market to facilitate financing.Editor/XingWentao