Analysis: Why not everyone will benefit equally from a transition to a low-carbon economy
(2023) In The Hindu February 9 2023.- Abstract
- Although the 2023 Budget set the stage to finance a renewable-energy transition, ensuring that energy can be used as a tool to deliver environmental and socioeconomic well-being across all brackets of society requires multilevel
governance and diverse actor networks. Some levers that all stakeholders – including investors – can use to embed justice in the financial architecture of renewable-energy projects include local content requirements, local employment, ownership of equity by local communities, public-private ownership models, local development funds, and long-term power purchase agreements. So even as the Budget guides us through a green-economy transformation, we need to streamline financial investments with justice to ensure... (More) - Although the 2023 Budget set the stage to finance a renewable-energy transition, ensuring that energy can be used as a tool to deliver environmental and socioeconomic well-being across all brackets of society requires multilevel
governance and diverse actor networks. Some levers that all stakeholders – including investors – can use to embed justice in the financial architecture of renewable-energy projects include local content requirements, local employment, ownership of equity by local communities, public-private ownership models, local development funds, and long-term power purchase agreements. So even as the Budget guides us through a green-economy transformation, we need to streamline financial investments with justice to ensure the transition is non-disruptive and economically regenerative. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/853b3349-bd47-4d3c-8049-32f159607a0e
- author
- Haldar, Stuti LU and Verma, Mithlesh
- organization
- publishing date
- 2023-02-09
- type
- Contribution to specialist publication or newspaper
- publication status
- published
- subject
- keywords
- Energy transitions, Budget, India, Energy justice
- categories
- Popular Science
- in
- The Hindu
- volume
- February 9 2023
- language
- English
- LU publication?
- yes
- id
- 853b3349-bd47-4d3c-8049-32f159607a0e
- alternative location
- https://www.thehindu.com/sci-tech/energy-and-environment/analysis-why-not-everyone-will-benefit-equally-from-a-transition-to-a-low-carbon-economy/article66485872.ece
- date added to LUP
- 2023-02-10 16:53:58
- date last changed
- 2023-04-27 14:11:25
@article{853b3349-bd47-4d3c-8049-32f159607a0e,
abstract = {{Although the 2023 Budget set the stage to finance a renewable-energy transition, ensuring that energy can be used as a tool to deliver environmental and socioeconomic well-being across all brackets of society requires multilevel<br/>governance and diverse actor networks. Some levers that all stakeholders – including investors – can use to embed justice in the financial architecture of renewable-energy projects include local content requirements, local employment, ownership of equity by local communities, public-private ownership models, local development funds, and long-term power purchase agreements. So even as the Budget guides us through a green-economy transformation, we need to streamline financial investments with justice to ensure the transition is non-disruptive and economically regenerative.}},
author = {{Haldar, Stuti and Verma, Mithlesh}},
keywords = {{Energy transitions; Budget; India; Energy justice}},
language = {{eng}},
month = {{02}},
series = {{The Hindu}},
title = {{Analysis: Why not everyone will benefit equally from a transition to a low-carbon economy}},
url = {{https://www.thehindu.com/sci-tech/energy-and-environment/analysis-why-not-everyone-will-benefit-equally-from-a-transition-to-a-low-carbon-economy/article66485872.ece}},
volume = {{February 9 2023}},
year = {{2023}},
}