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Mumbai, Nov 21:
He adds, “Encouraging investment in renewable energy is a key focus. Energy efficiency technologies are obviously highly desirable in economies facing recession. Infrastructure stimulus can be tied directly to climate-sensitive sectors such as power grids, water, buildings, and public transport, which present a vast field for the creation of new technologies and jobs. Governments have before them a historic opportunity to ‘climate proof’ their economies as they upgrade infrastructure as a core response to any economic downturn.”
New alternative
• According to a DeAM report, government regulation, including carbon pricing, traditional regulation (mandates and subsidies) and innovation policy (incentive and subsidies) are major drivers of investment opportunities in climate change
•The report claimed that there has been a political support for a “low-carbon industrial revolution”. Policymakers across the political spectrum have also emphasized the potential for low-carbon prosperity, it says...
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