The Paris climate agreement is a turning point for everyone on the planet. It marks a turning point in the fight against climate change. This is the culmination of years of negotiations, with 196 countries pledged to increase their bets on climate change, greenhouse gas emissions, global warming, and all these bad things.  The purpose of the agreement is simple. All countries, big or small, must achieve certain goals. Before the whole problem becomes irreversible, they must reduce greenhouse gas emissions, reduce pollution and do everything possible to use green energy. The plan aims to limit global temperature rise to 2 degrees or even 1.5 degrees Celsius higher than pre-industrial levels.

So the world made some promises, set a timetable, and everyone started to work, including India. Our goal was very difficult. First, we pledged to reduce emissions intensity by 33%-35% by 2030. If you don’t know what it is, it’s emissions per unit of GDP. We all know that economic progress depends on the production of new energy sources, but if you keep doing this and burn dirty fuel, it is likely to lead to higher emission rates.  Compared with the 2005 level, its GDP emission intensity is approximately 21% (this is our benchmark). However, with this in mind, we still have things to do. In addition, we also promised to obtain approximately 40% of the country’s electricity from other sources not based on fossil fuels by 2030. Finally, we pledged to the world to create a new carbon sink that can reduce about 500 to 3 billion tons of carbon dioxide from the air. What should we do? Well, we promise to achieve this by increasing forest and tree cover, but technically speaking, if anything absorbs more carbon dioxide from the atmosphere than it emits, it will be classified as a carbon sink.  Going green is not always easy. We can’t just flip the switch and go green overnight. Thermal power plants and coal-fired power plants (despite their shortcomings) are still the country’s energy sources in many ways. The most important thing is to achieve our goal without destroying the economic engine.
This is to force Discom (distribution companies) and large power consumers to obtain a certain percentage of their energy demand from renewable energy. In some cases, they can even fulfil their obligations by purchasing a Renewable Energy Certificate (REC).

Think about it, because REC is for people who produce renewable energy. But these people can exchange these certificates with those who can. The question is of meeting your clean energy needs. The goal is to punish institutions that refuse to make changes and prompt them to act quickly. For example, if you consume a lot of electricity but can still meet most of your energy needs from coal-fired power plants, then you will pay more, and sooner or later you will inevitably accept the authorization of clean energy.

But so far, they have encountered a common combination of solar and wind energy. It works well for those who produce solar and wind energy. We have seen some investments in these institutions, and the cost of using solar and wind energy is declining. But the government is not satisfied with this. They want to diversify and see if we can repeat this success elsewhere. They also hope to add green hydrogen to the mixture. This means that if you generate energy by electrolyzing water, the government may soon force certain institutions to obtain a certain percentage of their energy from you.

So yes, they are trying to make a difference. If they insist on strictly complying with these laws, we are likely to see some real developments soon.