Sign In
Learn bits
Ecology & Environment
Pradeep Kumar

26/03/21 12:00 PM IST

Net-zero emission

In news

Recently 58 countries announced net-zero emission targets

Aim

In the next 30 years, they aim to reduce their emissions of climate change-causing carbon dioxide and other GHGs, and remove what they do emit through planting trees or advanced technologies.

Details
  • Together these countries account for more than half the world’s current GHG emissions.
  • The International Energy Agency predicts that much of India’s future emissions will come from things that have not yet been built — transport infrastructure, industry, and buildings — pointing to the opportunity to build cleaner. 
  • A strong set of climate actions across multiple sectors can generate 24 million jobs in just 15 years. 
  • For example, more ambitious policies to promote electric vehicles along with cleaner electricity and hydrogen electrolysis can create jobs in the auto manufacturing industry and in the electricity and construction sectors.
  • Some jobs may decline in vehicle maintenance and repair, but far more jobs are likely to be induced by government and household spending.
  • 25 per cent of the Centre’s tax revenue comes from the energy sector, so weaning away from fossil fuels will also deplete the government’s coffers.
Source: Indian Express

More Related Current Affairs View All

20 Sep

Cabinet clears setting up of National Centre of Excellence in Mumbai for Animation, Visual Effects, Gaming, Comics and Extended Reality

'The Government has recently said that the Animation, Visual Effects, Gaming and Comic (AVGC) sector has the potential to provide employment to over 20 lakh people in the coming 10

Read More

20 Sep

Mini-moon

'According to a new study, the Earth’s gravitational field will temporarily capture a small asteroid, called 2024 PT5, in late September.' The asteroid will stay for two m

Read More

19 Sep

Cabinet clears development of Next Generation of satellite Launch Vehicle

'The Union Cabinet, led by Prime Minister Narendra Modi, has approved the development of the Next Generation Launch Vehicle (NGLV).' The NGLV is set to significantly enhance Ind

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps