Page 22 - Tcexpression2021 - Sept to Dec 2020
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Energy Transition
& Clean Technology
In Metals:
IRON & STEEL
he world is on a warming pathway of 2.8-3˚C, and Aluminium, 1.10%
the Paris accord, 2015 requires all nations to act Sector wise
Taggressively to restrict temperature rise below Aviation, 2.40% emission
2°C above pre-industrial levels within this century. Shipping, 2.40% contributions
As of November 2020, the European Union and 194 Chemicals & Petrochemicals, 4.60%
countries, including India, signed the Agreement and
expressed commitment to carbon neutrality. However, Road Freight, 6.20%
under current and planned policies, if fossil fuels such Cement & Lime, 6.80%
as oil, natural gas and coal would continue to dominate Iron & Steel, 8.40%
the global energy mix, the world would exhaust its
energy-related “carbon budget” (CO ) to keep the global
2
temperate rise well below 2°C (with 66% probability) Figures below give the distribution in India:
within 20 years.
2019 Industrial 2019 Industrial
Industry accounts for about 45% of the global energy Energy Consumption, Emissions, India
consumption and 32% of total CO emissions with India
2
varied contribution across seven major sectors:
3% 14% 6%
Aluminium
9% Aviation
7% 51% 23% 30%
30% Shipping 37%
10% Chemicals &
Petrochemicals
21% 20% Road Freight 7% 4% 1% 23% 3%
Cement & Lime 1%
Iron & Steel
% Energy Consumption Chemicals Steel Aluminium Cement Paper Other Industry
22 TCExpresssion
