As we ease into 2024, the world stares at the threat of rapid depletion of natural resources and imminent climate change impacting the ecosystem. Global average temperatures crept above pre-industrial levels (+1.8°C), and greenhouse gas emissions reached a new high (57.4 GtCO2e in the previous recorded year). This ongoing phenomenon has brought the world together to phase down fossil fuel usage for a sustainable future.
Throughout the past year, the nation has experienced a series of pivotal developments in the energy sector ecosystem, marked by strategic collaborations, impactful policy announcements, and the attainment of significant milestones.
Noteworthy alliances include a groundbreaking partnership with the United States to advance clean energy initiatives, a mutually beneficial collaboration with Saudi Arabia on renewable energy investment (green hydrogen and electrical interconnection) and a Memorandum of Understanding (MoU) with the United Arab Emirates, which emphasise increased investment and cooperation across diverse sectors, particularly in the realm of clean energy technology.
Momentous strides have been taken on the policy landscape towards achieving the target of 500 GW of renewables by 2030. These range from producing and utilising green hydrogen to advocating mandatory battery energy storage at renewable projects with the launch of the Viability Gap Fund.
This story is from the February 11, 2024 edition of Outlook.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the February 11, 2024 edition of Outlook.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
No Singular Self
Sudarshan Shetty's work questions the singularity of identity
Mass Killing
Genocide or not, stop the massacre of Palestinians
Passing on the Gavel
The higher judiciary must locate its own charter in the Constitution. There should not be any ambiguity
India Reads Korea
Books, comics and webtoons by Korean writers and creators-Indian enthusiasts welcome them all
The K-kraze
A chronology of how the Korean cultural wave(s) managed to sweep global audiences
Tapping Everyday Intimacies
Korean filmmaker Hong Sang-soo departs from his outsized national cinema with low-budget, chatty dramedies
Tooth and Nail
The influence of Korean cinema on Bollywood aesthetics isn't matched by engagement with its deeper themes as scene after scene of seemingly vacuous violence testify, shorn of their original context
Beyond Enemy Lines
The recent crop of films on North-South Korea relations reflects a deep-seated yearning for the reunification of Korea
Ramyeon Mogole?
How the Korean aesthetic took over the Indian market and mindspace
Old Ties, Modern Dreams
K-culture in Tamil Nadu is a very serious pursuit for many
