According to a recent report by TERI and Shell titled ‘India: Transforming to a net-zero emissions energy system’, India needs a suitable policy and innovation driven context to deploy clean energy technologies on a massive scale to reach a net-zero emissions energy system by 2050. It added that this would require more and faster deployment of large-scale solar, wind and hydropower to enable greater electrification across the country. The report said that adoption of economic mechanisms such as carbon trading and pricing to facilitate reallocation of capital and resources to support commercialization of new fuels and technologies and resorting to carbon sequestration to achieve net-zero emissions by 2050 would be necessary steps. Read more