Ratul Puri on combating the energy crisis.
Ratul Puri thinks Climate change and the energy crisis are the two most pressing issues confronting the globe today. While the climate issue frequently causes worldwide disasters, floods, and weather events that jeopardize economies, lives, livelihoods, and food and water security, the energy shortage has a substantial impact on daily living, severely impacting manufacturing and industrial activities. Surprisingly, all are connected since human activity requires energy in some way or another. If the energy we use emits greenhouse gases, the earth will warm. It is vital to break the cycle.
In its most recent report, the Intergovernmental Panel on Climate Change, the top UN body for climate science. Warned that fresh global emissions must begin to decline by 2025, reduce to half by 2030, and reach near zero by 2050 in order to keep global warming to less than 1.5°C above baseline levels in 1850. According to the Energy Information Administration (EIA), global energy consumption will have grown by nearly 50% by 2050. To counteract climate change, major developments in sustainable energy technology must be accelerated. To reach net-zero emissions by 2050, global renewable energy investment would need to more than triple to $4 trillion by 2030.
India’s renewable energy industry has the potential to excel in this area. According to research by the Council on Energy, Environment and Water, Natural Resources Defence Council, and Skill Council for Green Employment, we can employ about one million people by 2030, with the majority of the new jobs probably coming from small-scale renewable energy initiatives.
He suggested some solutions to deal with the energy crisis.
Clean energy, green mobility, eco-friendly construction, climate-responsive urban design, afforestation, circular economy, repair of electronics, low power electronics design, switching to digital, and climate laws, according to Ratul Puri, are among the approaches being investigated energy crisis to improve energy security and prevent the planet from warming. Researchers from the University of East Anglia, Stanford University, and the Global Carbon Project discovered in a study published in Nature Climate Change that 64 countries were successful in reducing their greenhouse gas emissions, but that the rate of reduction needed to increase tenfold to meet the Paris Agreement targets.
The government formed the Ministry of Non-Conventional Energy Sources in 1992, and it was renamed the Ministry of New and Renewable Energy in 2006, laying the framework for the spread of renewable energy. Prime Minister Narendra Modi of India is keen for his country to become a global leader in renewable energy. He intends to attain 450GW of renewable energy capacity by 2030, which is a lofty ambition.
According to an International Renewable Energy Agency research, the cost of renewable technology has been decreasing year after year. Concentrating solar power declined by 16%, onshore wind by 13%, and solar PV by 7%. With decreased prices, it will be easier to establish sustainable routes. According to latest estimations, India has about 1050 GW of renewable potential in wind and solar electric generation. Even during the epidemic, our installed renewable energy capacity surpassed the 100GW objective.
Make investments in sustainable technologies and designs
The digital industry must be a member of the zero-emission trajectory because it is our ideal partner. A significant worldwide digital changeover that was brought on by the pandemic was crucial for continuity in the contactless era. A consultancy firm claims that the acceleration of digital services has caused the IT industry. Which was expanding at a rate of 5 percent before COVID-19, to now be growing at 8 to 9 percent. Resources are being optimised, climate change progress is being tracked, greenhouse gas emissions are being reduced. The path to green production lines is being opened up via additive manufacturing and digital twins. Even though every search, click, and video stream uses a significant amount of energy.
Situational information may be used much more frequently in the digital sector. Ratul Puri says According to 451 Research, moving apps to the cloud “may lower the energy footprint of a workload to one-fifth that of operating the same workload in on-premises data centres.” Artificial intelligence can also optimise grids and predict demand. The carbon footprint of our decisions is recorded and reported via blockchain across the whole value chain.
Location intelligence, often known as geographic information systems, assists in the analysis of resource bases. The digital business has enormous potential for creating new paths to long-term success.
Use Instagram as an eCommerce Owner?
His perspective on the e-waste problem
Ratul Puri thinks The rising use of digital and electronics is contributing to the e-waste problem. According to the UN Global E-waste Monitor 2020, a record 53.6 million metric tonnes of electronic garbage was created worldwide in 2019, an increase of 21% in only five years. This e-waste contains both harmful and useful chemicals, such as lead and mercury, as well as iron, steel, copper, and aluminium. While goods must be recycled, hazardous substances in landfills will have an impact on both land and marine life.
The sort of revolutionary shift necessary will not occur until sustainability is deeply established in our mentality, work culture, micro-level planning, right from the product design stage, and reflected in every individual’s behaviour. Science fiction author Arthur C. Clarke once said, “The future is not to be predicted, but produced.” Our sustainability strategy serves as a template for the future we hope to create.
