SARTHAK SHUKLA writes for Observer Research Foundation (ORF): Recently, the Indian oil refining giant of Reliance Industries announced its mega plan to invest US $10.1 billion in green energy over the next three years to achieve the net-zero target of carbon-neutrality. This has further pushed forward the debate around efforts to address climate change by transforming our energy systems from being fossil-dependent to ones based on renewable sources of energy. However, there are certain undercurrents and latent developments which hinder the prospects of a clean energy transition. A pattern which is emerging and is widely claimed to be a welcome step, is announcements of going green by prominent state-owned players of the fossil fuel regime.
go to the analysis: Miracles and mirages: The double-faced perspectives of just energy transition in India | ORF (orfonline.org)