The government’s ambition of developing a globally-competitive manufacturing sector, combined with relatively slow progress on shifting away from using coal for electricity production, means India will become the world’s biggest polluter in the mid-2040s. Set against that, however, India can justifiably argue that in per capita terms, it is on a less pollutive path of economic development than many other nations before it. And while not as fast as elsewhere, there is progress on the green transition. Renewables – led by solar power – will make up a bigger share of India’s energy mix than coal by 2050.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services