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Rapid Transition to clean Energy could create 15 mn Jobs by 2025

Published on June 24, 2022
Current Context: According to a new report, the shift from fossil fuels to clean energy could lead to the creation of 1.5 crore new jobs in India by 2025 and increase savings on electricity bills.
Rapid Transition to clean Energy could create 15 mn Jobs by 2025
  • It was published by the ‘We Mean Business Coalition’ and Cambridge Econometrics.
  • India could witness a 10% reduction in per capita energy expenditure by 2025 compared to the present scenario.
  • The reduction in per capita energy expenditure in India is projected to be 34 dollars or 31% by 2030 and 74% by 2035.
  • The report also suggested that the governments set out national action plans this year to eliminate all fossil fuel subsidies by 2025.
  • It also suggested that G-7 nations phase out domestic coal-fired power generation by 2030 and rapidly scale up renewable energy deployment towards achieving 70% of power generation by the next eight years.
  • It has also asked to commit to 100% sales of zero emissions by 2035 for new light-duty vehicles and increase public spending for energy efficiency.

Question:

Q.1 According to a new report shift from fossil fuels to clean energy could lead to the creation of ________ new jobs in India by 2025?
a. 1.6 crore
b. 1.5 crore
c. 2.1 crore
d. 3.2 crore
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