Economic and environmental implications of India's industry transition to net zero.
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| Title: | Economic and environmental implications of India's industry transition to net zero. |
|---|---|
| Authors: | Gupta, Dipti1 (AUTHOR) dipti.gupta@iiml.ac.in, Pathak, Minal2 (AUTHOR) minal.pathak@ahduni.edu.in |
| Source: | Applied Energy. Feb2025, Vol. 379, pN.PAG-N.PAG. 1p. |
| Subjects: | Carbon sequestration, Carbon offsetting, Greenhouse gas mitigation, Carbon dioxide mitigation, Abatement (Atmospheric chemistry) |
| Abstract: | In line with global mitigation ambition and the domestic target of achieving net zero emissions by 2070, India's industrial sector is expected to undergo a major transition. This transition is not trivial given the rapid growth of industrial output, dependence on fossil fuels, high emission intensity, and complicated emission abatement processes. In this paper, we provide a whole systems analysis of the manufacturing industries- iron & steel, aluminium, cement, chemical and petrochemical, textile, residual- for achieving net zero by 2070. The methodology combines the qualitative inputs from stakeholders with the energy-economy modelling using IMACLIM-IND and AIM/Enduse models. We develop four scenarios: Business-As-Usual (BAU), Development First (DFS), Carbon Neutral (CNT) and Synchronous (SYNCH). For each of these scenarios, we assess impacts of the structural transformation on sustainable development mainly through impacts on economy (gross value added and material imports), environment (material resource savings), and investment needs. The SYNCH scenario achieves 63 % emission reduction and requires an investment of 1.7 trillion USD by 2050 compared to BAU. The key policy insight is that new investments should go towards decarbonizing electricity, recycling infrastructure, and Carbon Capture and Storage. Clear standards and regulations for emission reporting by the production firms should be stipulated by the government. • Pathways for India's industry sector transition to net zero. • Energy-economy modelling combined with stakeholder inputs for key manufacturing sectors. • 70 % emission reduction possible in carbon neutral scenario. • Balanced strategies towards decarbonization can reduce trade-offs. • Investments should be directed to decarbonizing electricity, recycling infrastructure and CCS. [ABSTRACT FROM AUTHOR] |
| Copyright of Applied Energy is the property of Elsevier B.V. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) | |
| Database: | Engineering Source |
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| Header | DbId: egs DbLabel: Engineering Source An: 181442683 AccessLevel: 6 PubType: Academic Journal PubTypeId: academicJournal PreciseRelevancyScore: 0 |
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| Items | – Name: Title Label: Title Group: Ti Data: Economic and environmental implications of India's industry transition to net zero. – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Gupta%2C+Dipti%22">Gupta, Dipti</searchLink><relatesTo>1</relatesTo> (AUTHOR)<i> dipti.gupta@iiml.ac.in</i><br /><searchLink fieldCode="AR" term="%22Pathak%2C+Minal%22">Pathak, Minal</searchLink><relatesTo>2</relatesTo> (AUTHOR)<i> minal.pathak@ahduni.edu.in</i> – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22Applied+Energy%22">Applied Energy</searchLink>. Feb2025, Vol. 379, pN.PAG-N.PAG. 1p. – Name: Subject Label: Subjects Group: Su Data: <searchLink fieldCode="DE" term="%22Carbon+sequestration%22">Carbon sequestration</searchLink><br /><searchLink fieldCode="DE" term="%22Carbon+offsetting%22">Carbon offsetting</searchLink><br /><searchLink fieldCode="DE" term="%22Greenhouse+gas+mitigation%22">Greenhouse gas mitigation</searchLink><br /><searchLink fieldCode="DE" term="%22Carbon+dioxide+mitigation%22">Carbon dioxide mitigation</searchLink><br /><searchLink fieldCode="DE" term="%22Abatement+%28Atmospheric+chemistry%29%22">Abatement (Atmospheric chemistry)</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: In line with global mitigation ambition and the domestic target of achieving net zero emissions by 2070, India's industrial sector is expected to undergo a major transition. This transition is not trivial given the rapid growth of industrial output, dependence on fossil fuels, high emission intensity, and complicated emission abatement processes. In this paper, we provide a whole systems analysis of the manufacturing industries- iron & steel, aluminium, cement, chemical and petrochemical, textile, residual- for achieving net zero by 2070. The methodology combines the qualitative inputs from stakeholders with the energy-economy modelling using IMACLIM-IND and AIM/Enduse models. We develop four scenarios: Business-As-Usual (BAU), Development First (DFS), Carbon Neutral (CNT) and Synchronous (SYNCH). For each of these scenarios, we assess impacts of the structural transformation on sustainable development mainly through impacts on economy (gross value added and material imports), environment (material resource savings), and investment needs. The SYNCH scenario achieves 63 % emission reduction and requires an investment of 1.7 trillion USD by 2050 compared to BAU. The key policy insight is that new investments should go towards decarbonizing electricity, recycling infrastructure, and Carbon Capture and Storage. Clear standards and regulations for emission reporting by the production firms should be stipulated by the government. • Pathways for India's industry sector transition to net zero. • Energy-economy modelling combined with stakeholder inputs for key manufacturing sectors. • 70 % emission reduction possible in carbon neutral scenario. • Balanced strategies towards decarbonization can reduce trade-offs. • Investments should be directed to decarbonizing electricity, recycling infrastructure and CCS. [ABSTRACT FROM AUTHOR] – Name: AbstractSuppliedCopyright Label: Group: Ab Data: <i>Copyright of Applied Energy is the property of Elsevier B.V. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.) |
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| RecordInfo | BibRecord: BibEntity: Identifiers: – Type: doi Value: 10.1016/j.apenergy.2024.124922 Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 1 StartPage: N.PAG Subjects: – SubjectFull: Carbon sequestration Type: general – SubjectFull: Carbon offsetting Type: general – SubjectFull: Greenhouse gas mitigation Type: general – SubjectFull: Carbon dioxide mitigation Type: general – SubjectFull: Abatement (Atmospheric chemistry) Type: general Titles: – TitleFull: Economic and environmental implications of India's industry transition to net zero. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Gupta, Dipti – PersonEntity: Name: NameFull: Pathak, Minal IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 02 Text: Feb2025 Type: published Y: 2025 Identifiers: – Type: issn-print Value: 03062619 Numbering: – Type: volume Value: 379 Titles: – TitleFull: Applied Energy Type: main |
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