Clean energy will become a multi trillion dollar market
Highlighting its growing investments in renewable technologies, US Secretary of State John Kerry mentioned India thrice in his speech at the UN Climate Conference.
Kerry said: "Now, significantly the renewable energy boom isn't limited to industrialized countries, and that's important to note. In fact, emerging economies like China, India, and Brazil invested even more in renewable technologies last year than the developed world.
Blaming China’s coal-fired power plants for pollution, Kerry defended China saying the country alone invested more than $100 billion. Ultimately, clean energy is expected to be a multitrillion dollar market, the largest market the world has ever known.
Expressing concern over global climatic conditions, Kerry said: "We have seen record-breaking droughts everywhere -- from India to Brazil to the west coast of the US."
"Storms that used to happen once every 500 years are becoming relatively normal. In recent years, an average of 22.5 million people have been displaced by extreme weather events annually. We never saw that in the 20th century," said the Secretary of State.
"In the US, asthma costs taxpayers more than $55 billion annually. The greatest cause of children being hospitalised in the summer in the US is environmentally induced asthma," said Kerry, who also talked about his last week's trip to Antarctica where scientists alarmed at the fast-changing climatic trends.
© 2016 Sulabh Swachh Bharat. All Right Reserved