Rapid transition to clean energy could create 15 mn jobs by 2025: Report
A swift shift from fossil fuels to clean energy could lead to creation of 1.5 crore new jobs in India by 2025 and increase savings on electricity bills, a new report released ahead of the G-7 leaders’ summit said on Thursday.
The report, ‘Creating Jobs and Cutting Bills: the economic opportunities of a clean energy transition’, published by the ‘We Mean Business Coalition’ and Cambridge Econometrics, said India could witness eight dollars or 10 per cent reduction in per capita energy expenditure by 2025 when compared with business as usual scenario.
The reduction in per capita energy expenditure in India is projected to be 34 dollars or 31 per cent by 2030 and 74 dollars or 52 per cent by 2035 from the business as usual scenario, it said.
