“As steering committee member of the 2022 SPE Summit on Net Zero, it is my honour to invite you to participate in this first-of-its-kind event in India to be held on July 14th & 15th in Bangalore.
India with its vast population size of over 1.3 billion, is also one of the fastest growing economies which is reflected by its GDP in terms of purchasing power parity being the third highest in the world. Furthermore, the increase in Indian energy consumption which is expected to account for almost a quarter of the total increase in global energy consumption over the period to 2040 also results in India being the third largest emitter of CO2 after China and the United States. Aggressive decarbonisation, across all sectors, will be critical to achieve the goals of the Paris Agreement and the targets set up by GOI. This needs to include review of the energy sources in India’s electricity generation mix; decarbonisation steps for other industries like steel, cement, etc. and techno-economic feasibility of CO2 storage and sequestration.
The Summit is expected to bring together experts and policy makers from across the globe who can share their experience and knowledge to help development a roadmap for India to be Net Carbon Zero by 2070. Let’s all join hands together to make this a reality.”