Key Causes & Policy recommendation of ‘Carbon Impact’ for India

Manufacturing Industry with focus on Auto Sector

The threat posed by global warming has made climate policy one of the most important dimensions. Rising CO2 emissions worldwide confirm the need to act and to move away from the current energy trend. Climate scientists have observed that carbon dioxide (CO2) concentrations in the atmosphere have been increasing significantly over the past century, compared to the rather steady level of the pre-industrial era (about 280 parts per million in volume, or ppmv).The 2013 concentration of CO2 (396 ppmv) was about40% higher than in the mid-1800s, with an average growth of 2 ppmv/year in the last ten years. Significant increases have also occurred in levels of methane(CH4) and nitrous oxide N2O).The paper elaborates the key sectors causing the irreversible damage to the climate, its quantum of impact for the developing nation like India & the policy recommendation that could be looked into, to tackle the situation.

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