The Path to Net Zero: Challenges and Opportunities

Laveesh Bhandari ()
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Laveesh Bhandari: Centre for Social and Economic Progress

A chapter in India's Public Finance and Policy Challenges in the 2020s, 2025, pp 373-380 from Springer

Abstract: Abstract This article explains the challenges of achieving the Net Zero target by 2070 as India announced at the COP 26 summit. There are some serious challenges in this effort like how to manage the extra GHGs released in the past that will remain for many years; whether to consider the total magnitude or per capita figure; similar deadlines for both developed and other countries with resource constraints; strategies for intervening years; stranded capital due to shifting to fossil fuel; other problems with renewal energy sources, etc. It also provides possible remedial measures to overcome many of these challenges.

Keywords: Net Zero; COP 26; Green House Gas; Sustained R&D; Sequester carbon; Carbon pricing (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:isbchp:978-981-96-2860-5_20

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DOI: 10.1007/978-981-96-2860-5_20

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