Growing steel demand in India to increase carbon emissions by 600 MT: TERI
India’s steel demand is likely to more than quadruple in the next 30 years, resulting in rise in carbon dioxide emissions by around 600 million tonnes, a report by the think-tank The Energy and Resources Institute (TERI) said on Thursday.
The report, released on the second day of the 20th edition of World Sustainable Development Summit 2020, a TERI flagship event, said the CO2 emissions from India’s steel sector could increase up to 837 million tonnes (MT) by 2050 if steel demand continues to grow, “having serious implications for the environment through its contribution to climate change.”
“India’s steel demand will more than quadruple from around 111 million tonnes to 489 million tonnes. The carbon dioxide emissions from the sector are projected to go from 242 MT to 837 MT.
