From the Times of India:
It could cost India a whopping $2.53 trillion in investments to reduce greenhouse gas emissions by 9.7% by 2036 if 1990 emissions levels are taken as the baseline. Worse still, undertaking technological changes that help increase efficiency in the way India uses its fossil fuels (like petroleum which emit GHGs) will become extremely exorbitant.
This startling figure has been thrown up by studies being carried out and commissioned by the Indian government to understand the impact of climate change and its mitigation. The revelations were made by Dr Prodipto Ghosh, retired secretary of the environment and forests ministry, speaking at a conference organised by The Energy and Resources Institute and KAF, a Germany based think-tank and funding organisation....MORE