New Delhi, Jan. 28 -- The Union budget comes at a crucial juncture as India needs to accelerate its pace in renewable energy capacity addition and adoption of new-age green technologies in a bid to achieve its ambitious energy transition goals. It is expected to continue the emphasis on climate and energy transition.
The withdrawal of the US, under Donald Trump's presidency, from the Paris Climate Agreement and key climate commitments also poses a challenge to global energy transition goals. It would be important to see how the Centre navigates the need for capital for energy transition to achieve its climate goals as the world's largest economy moves towards more fossil fuels -- oil and gas.
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