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Cara Tan, editor
While criticizing industrialized countries, Saran said that these countries are primarily responsible for almost all the carbon-dioxide, the main greenhouse gas, being added to the Earth’s atmosphere since the Industrial Age. He pointed out that the carbon emission contribution from these industrialized countries continues unabated, despite their resolution at the UN Framework Convention on Climate Change.
Saran stressed that India’s energy demand is going to scale significantly, given the number of projects in hand. The rising energy demand means that the country’s power generation level must shoot up from 160,000 megawatts currently to roughly 800,000 megawatts in 2030-2031. “Meeting this level of energy requirement necessitates the pursuit of all available fuel options and forms of energy,” Saran added.
Stephen S. Roach,
EconomyWatch Contributor
Raghuram Rajan,
EconomyWatch Contributor
Christine Lagarde,
EconomyWatch Contributor
Mario Blejer & Eduardo Levy Yeyati,
EconomyWatch Contributor
Henry Mintzberg,
EconomyWatch Contributor
George Friedman,
Stratfor
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