Categories: Ranchi

Country to be hit by energy transition: study

Ranchi: In Run up to zero target (carbon emissions) in 2070 and a phase of gradual coal, countries such as Jharkhand will be the worst sufferer because the country’s economy is very dependent on coal and social structures also woven around mining and related activities together.
The concern was proven in the latest research conducted at Mpumalanga, South Africa and Jharkhand in India – two regions depending on leading coal in Africa and India.
Studies conducted by the Center for Strategic and International Studies (CSIS) and Climate Investment Fund (CIF) have warned that in South Africa and India, coal transitions are likely to have outsized impacts in certain fields due to coal production concentration in a handful of countries.
This study analyzes coal dependencies and is only the prospect of transition to produce insight and recommendations that are useful for this region and the economy that depends on other coal.
According to this study, Jharkhand with 144 coal mines played an important role in supplying coal to other countries in the country.
About 130 MT coal was mined from 11 of the 24 districts in the state and contributed to 8% of the state of annual income in the form of royalties and taxes.
“The coal industry in the state is involved in around 3 people directly while the number of people involved in mining activities and companies is informally unknown.
Although it is estimated that more than four times people are engaged in the informal coal sector than officially employed,” said the report that.
Senior lead researchers, CSI, Sandeep Pai said that given the dependence of multifacetical coal in Jharkhand, every phase of coal which was not planned could have a negative impact on the entire coal ecosystem, including influencing local work, reducing the income of the state, or reducing district income.
“The central government will need to lead in coordinating only transition policies for countries depending on coal and providing financing for policy implementation.
Jharkhand has the potential to diversify to sectors such as non-coal and renewable energy industries.
However, this diversification will require policy.
Evidence-based, and large-scale investment, “he said.
The study also recommends focusing on agriculture that contributes 13% to the state economy and promotes sectors such as small forest products and tourism so that after the center begins to run on the coal phase, people in the state are equipped to switch to new trade.

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