US Senator introduces legislation to strengthen Indo-US cooperation in clean energy

Washington: A top US senator has introduced legislation to boost cooperation between India and the US in the areas of clean energy and climate change, emphasizing that when the two countries work together as a team to tackle common challenges. They have seen positive results when they work in it.

The Prioritizing Clean Energy and Climate Cooperation Act 2021 with India, introduced by Senator Robert Menendez, chairman of the Senate Foreign Relations Committee, comes a day after the United States. President’s Special Envoy John Kerry for Climate launched the Climate Action and Finance Mobilization Dialogue in New Delhi.

Given the shared threat of climate change and India’s growing need for electricity, there is a strong case to be made for strengthening the US-India clean energy partnership.

In that vein, I am introducing this legislation, which has yielded positive results, when our countries work as a team to tackle common challenges, he said.

By establishing the US-India Climate and Clean Energy Partnership, we are laying the foundation for successful partnerships not only between the US and Indian governments, but also between our universities and the private sector.

Menendez said, I am proud to lead this effort to further strengthen our ties with India.

This law, among other things, establishes the United States-India climate. clean energy partnership (CCEP) as the main forum for cooperation between the US and India on clean energy technologies and energy transmission.

CCEP activities include promoting joint research and development on clean energy technologies, encouraging US private investment in the Indian clean energy market, and supporting initiatives to develop new renewable energy generation capacity in India.

The act also promotes US-India cooperation on climate resilience and risk reduction, a media release said.

Noting that Prime Minister Narendra Modi has prioritized improving citizens’ access to electricity and bringing electricity to every household in India, the law claims that unlike China, India is demonstrating that a climate-friendly target Climate action through concrete steps, including planning, is a priority. To limit the global average temperature rise to below 2°C.

India’s unconditional emissions target, as outlined in India’s nationally determined contribution to the Paris Agreement, aims to reduce the emission intensity of GDP by 33 percent to 35 percent from 2005 levels by 2030.

Noting that in 2019, PM Modi announced an ambitious domestic target of installing 450 GW renewable energy potential By 2030, the law stated that India was among the top five clean energy producers globally.

Installed electricity capacity from renewable energy in India grew by 144 percent from 2014 to 2020, and between 2014 and 2019, India saw investments of about USD 42 billion in the renewable energy sector.

The legislation follows a congressional delegation visiting India in the fall of 2019, during which Menendez discussed with India’s minister of new and renewable energy and Indian business leaders about how the US and India could address the threat of climate change. and deepen cooperation on clean. energy production.

In addition to setting new programs, the bill will also serve to strengthen the Biden administration’s US-India Climate and Clean Energy Agenda 2030 Partnership, which aims to enhance bilateral cooperation on stronger climate action and support the achievement of India’s ambitious climate goals. is to support. Release said.

The law promotes partnerships between US and Indian universities and government research laboratories on the research, development and application of clean energy technologies.

It also promotes the sharing of intellectual property between US and Indian private sector entities for renewable energy technology, air conditioning technology, refrigeration system technology and other advanced energy technologies.

The law supports the provision of technical assistance and expertise, encouraging US private investment in the Indian clean energy technology market Electricity Grid and Energy Efficiency Reforms in India. It supports initiatives to develop new renewable energy generation capacity

India and the administration need to submit a multi-year strategy to the Congress to implement the CCEP.

This legislation produces a report on opportunities for the states of the United States and India to collaborate in advancing clean energy solutions.

It advances climate risk reduction and resilience capabilities in India as a priority for US diplomatic, security and development work.

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