Courtesy: Reuters
India and France are both large energy importers with a shared interest in stable prices and decarbonisation. They have much to offer each other. France is a leader in nuclear power and green hydrogen, and can help India with the technology it needs. India, with its large and growing market, can help bring down the cost of these technologies and mainstream them.
The global energy market has been disrupted since the Ukraine-Russia conflict. Energy security is now a core concern for most countries and offers the chance to fix the structural problems in the energy generation sector. The interaction between energy security and environmental policies must be reassessed so policies can be consistent for the long term. Gateway House’s Saeeduddin Faridi speaks to Robin Mills, energy expert and CEO of Qamar Energy, about the state of energy markets.
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Sanctions against Russian energy, high cost fuel, heat waves and droughts all at once have raised the price of daily energy use to unprecedented levels and plunged large parts of the world into darkness.
Courtesy: Ciel et Terre
India and France have been actively working together to solve various sustainability issues from renewable energy generation to the blue economy and biodiversity conservation. There is so much more to do bilaterally with climate finance and urban sustainability, and multilaterally with the G20. All the ingredients are in place for a robust climate partnership.
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The United Nations’ Paris Agreement of 2015 had nations committing to reduce emissions of greenhouse gases to slow the rise in global temperatures. But terrestrial geoengineering – or the use of “carbon capture” technologies and developing carbon sinks to remove gases already in the atmosphere – and atmospheric climate engineering are technologies which also seek to slow global warming
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India is the second largest emitter of methane in the world. But methane-cracking has enormous economic potential. It can help India become a high-technology manufacturing powerhouse by producing a steady supply of methane-derived, advanced carbon materials and hydrogen-energized transportation
Courtesy: European External Action Service
On November 24, the P5+1 and Iran reached a consensus on the interim agreement regarding Tehran’s long-disputed nuclear program. How comprehensive is this agreement, and what are its potential upshots for U.S., and West Asia – especially Israel and Saudi Arabia? More importantly, can India play a positive role?
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Ahead of nuclear talks between Iran and the P5+1 in Moscow, the West seems confident that sanctions will induce Iran to settle on its uranium enrichment. But rather than arriving at a negotiated settlement by applying the principle of reciprocity, the West may look to anaesthetize oil markets.
