Would increase in liability increase insurance cost and consumer price?
If it is implemented as such, cost for the supplier could increase and that means cost to consumers could increase. India is a price-sensitive market, where it is important to make power affordable for a large section that does not have access to electricity. How far is it feasible to reduce dependence on cheaper coal-based power generation? It is an important point. To reduce coal power usage by using carbon capture storage on coal power plants, there is need for a carbon price or cost. The CO2 emission must be penalised by some measure—carbon tax, carbon price, carbon trade mechanism. CCS needs to be made viable. In a cost-sensitive market, it is a challenge but it is a necessary price to make this technology possible. Do you think the methods adopted by the Indian government for cutting carbon emissions are good enough? The Indian government is pledging improvement by putting up programmes for energy efficiency in buildings and developing solar priorities and nuclear (energy). There
