Question 4 · 169 words written
Opening · a restatement
Recently the Budget 2023-24 has provided for increased budget outlay for its Green Hydrogen Mission.
Advantage of Green Hydrogen:
Body · points
(1) India's target is to produce 5MMT of Green hydrogen by 2030 (2) It is an clean source of fuel (3) releases only Water and heat on combustion (4) help Indian achieve its climate commitment goals
→ 500 GW of energy from renewable by 2030 → Transition to electric vehicle → become a carbon neutral country by 2070
(6) At global level, it can help India fulfill its climate change commitment (7) help India fulfill its INDCs it has stated in COP27 (8) Impediments to its adoption → lack of proper research & development → lack of proper infrastructure → lack of innovative solution → lack of awareness among people → high initial cost
Thus India not just needs to focus on producing green hydrogen rather also needs to:- (1) Increase expenditure on R&D (2) Private sector participation (3) Industry academia linkage
Close · a way forward
This is a right step towards achieving SDG-13