Geo-engineering solutions cannot be considered for combating global warming without considerable research and analysis, said Rajendra Kumar Pachauri, chairman of the Nobel Prize-winning Intergovernmental Panel on Climate Change. Delivering the first R Venkataraman Endowment Lecture at the Madras School of Economics on Saturday, Pachauri spoke about measures that India could take to promote economic development, keeping climate change in mind.
"If Indian industry is to compete in the global market, it must have a headstart in engaging in low carbon development measures," he said, adding that Indian industry must target sectors such as clean energy, environmental resource management, energy and material efficiency and environmental services.
Pachauri said that energy efficiency investments had positive effects on employment - either directly by creating new business opportunities, or indirectly by leading to a rise in similar industrial plants. He spoke about ...