India on green turf
India has a huge opportunity to make money. This is, by aligning its policies on eco-friendly lines and switching over to pollution-free articles. The earlier the govt does this, the larger market share the companies will be able to capture.
ONE OF the biggest battles the world is fighting today is “global warming”. India has a big hidden opportunity, to cash onto the situation. With the reduction in the greenhouse emission, the nation can make good money.
India is fourth largest carbon dioxide emitter of the world, with emission of 1.34 billion tonnes. China leads the charts here as well (6.2 billion tonne) followed by America (6 billion tonne) and Russia (1.5 billion tonne) at the third position. Beijing and New Delhi are arguing on the point that per their per capita incomes are one of the lowest. If we wait to raise our per capita income to that of the developed countries like America, we will convert our planet into planet of carbon.
An opportunity has been sensed by the businessmen of the nation. The leaders among them are Suzlon Energy and Tata BP Solar. Area of focus of Suzlon Energy is to convert wind energy into electrical energy. This is one of the eco-friendly methods to produce electricity, which is gathering momentum today. Initial investment to install the equipment, the basic equipment cost is high compared to thermal energy, but the cost is recovered in three-four year. It takes Rs 3 crore to produce one MW energy from coal and around Rs 20 crore to produce the same amount of energy using wind. Tata BP solar converts solar energy to the usable energy at home. The problem here is same, high initial cost. Water resources to produce hydro-electricity are not optimally utilised. When the focus will shift to these eco-friendly methods to produce electricity, it will be a complete win-win situation. First and foremost it will create employment opportunities. Followed by reduction in CO2 emission and thus, branding India as a eco-friendly emerging economy.
The path to create a pollution-free nation is not as easy as it seems to be. This is because of the vested interest of few decision makers. Thermal power plants, which work at 21 per cent efficiency (15 per cent less then the global standard) and which emits 53 per cent of the total CO2 emission of the nation are being run without any improvement.
Coal being used for power generation is of low quality, only for personal gains of few. The new technology improves the efficiency by 5-7 per cent and increases initial cost of 10 per cent, which is still a profitable deal. The nation is again beaten upon the policy front. The government is not implementing policies, which boost energy sector, especially the companies producing power in the eco-friendly manner. It is not providing subsidies to enhance the research and development (R & D) work in this area. Money is diversified to agriculture sector, again for political gain. Government should reduce taxes on the hybrid and electric cars. Civic hybrid is the latest example in the list, where the govt. charges cent percent import duty, thus discouraging people from purchasing it. Sooner the government wakes up and rises above the self interest, earlier it will brighten up the bottom-line of the companies.
To reduce the CO2 emission is the global priority. The government has to chalk out policies on this line itself. The earlier the government does this, the larger the market share, the companies will be able to capture.
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.The writer on this good article is further requested to come out with
more related articles specifying clearly ALL THE OPTIONS THAT ARE OPEN TO US
TODAY TO PRODUCE ELECTRICITY VIS-A-VIS COST OF PRODUCING ONE MW ON EACH OF
THESE OPTIONS. I note from the above article, cost of producing one MW energy
(1) through coal route it is Rs.3 crores and (2) through wind route it is Rs.20 crores.
Can we have more of such figures like what it would cost (3) through solar power route???
(4) through nuclear enriched uranium route???? (5) through ocean waves' route?????
(6) through recyling mode of all urban wastes for producing electricity??????(7) through
H20-water route - some Japanese are already doing research onto this?????(8) through fossil
fuel oil ?????????(9) through use of natural gas route???? (10) ETC. ETC.
Thanks for your prompt feedback. Since you are referring to
density population and space constraint - WHY NOT THE GOI
(Government of India) seriously plan to mandate usage of
plenty-plenty-plenty of OPEN SPACE AVAILABLE. What we are
seeing today is there is a mad scramble for horizontal
space in many cities and towns AND THEREFORE THE CRUNCH of space
AND HIGH PRICE. What we are neglecting is there is so much
of vertical space i.e. perpendicular to the horizantal plane
lying vacant. If both our urban and rural development Ministry
start recognising the value and importance of vacant vertical
space available in abundance, I am sure, many of the issues
will be resolved. Today valuation is done only for the
horizontal space touching the land mass directly but no
valuation is done for the OPEN VERTICAL SPACE WHICH SEEM TO BE
AVAIALBEL IN PLENTY.......... In my opinion, this is a BIG
WASTE THAT IS GOING UNCHECKED. Just imagine, for example,
with one or two
floor housing norms, roughly 1000 families are spread over 1000 multiplied
1000 = 1000000 sq. ft area of land in a tier 2 town.
Each housing is taken at 1000 sq. ft. area
The same 1000 families can be
accommodated through multistoried housing each having 10 floors
(minimum) which means the land area required will be that much less
ie.1000 multiplied by 100 sq. ft area = 100000 sq. ft. area. The
difference is 1000000 sq. ft. area minus 100000 sq. ft area =
9000000 sq. ft. area (a big saving). To match with the growing population this
is the best solution. Thanks, VMS
Hello,
I appreciate your way to jolt down the amount required to produce energy by all eco-friendly way but it is not the only way to take a step ahead. Population density of India is very high. Hence the space will always be consideration. Also due to improper land acquisition rules it wont be easy to acquire large mass of land as seen in Singur's case. Government polices need to be deviced on the similar lines. The cost is just one of the factor of consideration...
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