India seeks to secure its green growth strategy
Faced with the existential threat of climate change, the Indian government has come out with a list of 30 critical minerals that are central to its ongoing efforts to pivot away from a fossil fuel-intensive energy mix, The Straits Times reported this week.
India seeks to secure its green growth strategy
New Sustainable Economics

India seeks to secure its green growth strategy

Photo: iStock
Eurasia 15/07/2023 06:00

Faced with the existential threat of climate change, the Indian government has come out with a list of 30 critical minerals that are central to its ongoing efforts to pivot away from a fossil fuel-intensive energy mix, The Straits Times reported this week.

These include minerals such as lithium and graphite used in electric vehicle batteries, the demand for which is projected to skyrocket by as much as 4,000 per cent over the next several decades, the article added.

The planet’s ongoing transition to clean energy technology to deal with climate change has brought the importance of critical minerals to the forefront, The Straits Times wrote, adding that the list is aimed at minimising risks to the country’s green growth strategy that may arise from supply chain bottlenecks associated with these commodities.

Photo: iStock
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