Events : Energy & Environment

Talk on "Paris Climate Change negotiations and the Way forward" by Dr. Ajay Mathur

Held on Wednesday, 15th June, 2016 at 6.30 PM

Bangalore International Centre had arranged a talk on “Paris Climate Change negotiations and the Way forward” by Dr. Ajay Mathur, Director General, The Energy and Resources Institute (TERI) &Member of the Prime Minister's Council on Climate Changeon Wednesday, 15th June, 2016 at 6.30 PM. The talk was chaired and moderated by Prof. J Srinivasan, Honorary Professor at Centre for Atmospheric and Oceanic Sciences and Divecha Centre for Climate Change at Indian Institute of Science, Bangalore.
It is now recognised that climate change negotiations which took place in Paris was a landmark development.  It was hailed by the developing countries as well as the developed world.  Dr. Ajay Mathur who was the Chief negotiator in the Indian delegation during the Paris talks,  spokeabout the outcomes.  Dr. Mathur highlighted the following points during his talk:

      1. Addressing climate change concerns involves choosing higher-cost lower-Cos emission technologies over lower-cost, higher emission technologies
      2. For some applications, especially for energy efficiency, initial cost is higher, but running (energy) costs are lower
      3. For some applications, especially for renewables, the long-term cost of electricity is higher
      4. Technology evolution is bringing down costs and enhancing performance
      5. Addressing climate change is about meeting higher costs (at least in the medium term) and enabling rapid technology evolution

 

-           Dr.Mathur pointed out that the Paris Agreement focuses on a long term goal of limiting global temperature rise to much less than 2 Deg C;
Stressed that:
            -           All countries take action, with developed countries   taking lead
-           Countries pledge action and report in a transparent  manner
-           Mechanism to enable “ratcheting up” of ambition insubsequent pledges be  
finalised, and
-           Global technological cooperation – International SolarAlliance and Mission
Innovation be ensured
INDIA HAS

    1. Pledged to:

     -           Reduce the carbon intensity of its economy in 2030 by 33-35% compared to 2005.
-           Install at least 40% non-fossil fuel based electricity generating capacity in 2030
-           Enhance forest and tree cover to achieve at least 2.5 billion tonnes per year of
CO2  sequestration

However,  Achievement of goals depends on

      1.  Lowering the cost of capital for renewables
      2.  Cost effective technology for energy storage
      3.  Business models to enable aggregation of demand of super efficient products, and
        payment over a longer time period.
The Q & A session after the talk was informative and educative.