1. What is the Green Industrial Revolution, and why is it crucial?
● A global shift towards sustainable industrial practices, embracing clean energy, efficient technologies, and sustainable resource use.
● It's essential to combat climate change, reduce pollution, and create a more equitable and prosperous future.
2. Why are critical minerals like lithium, cobalt, and graphite essential?
● These minerals are the building blocks for renewable energy technologies (batteries for electric vehicles, solar panels) and many other high-tech products.
● Their availability is vital for the success of the Green Industrial Revolution.
3. Which countries are major players in critical mineral supply, and how does this impact the global order?
● Chile, Australia, DRC, China, etc., hold significant reserves.
● Competition for these resources, especially between the U.S. and China, can lead to geopolitical tensions and potential supply disruptions.
4. How is India involved in the Green Industrial Revolution?
● India is heavily investing in renewable energy, particularly solar and wind power.
● It's also developing its electric vehicle (EV) market and energy storage solutions.
● India aims to be a global hub for green hydrogen production.
5. What challenges does India face in securing critical minerals?
● India lacks domestic reserves of some key minerals (e.g., lithium, cobalt) and relies on imports.
● This creates vulnerabilities in supply chains and can make the transition to green technologies expensive.
● India is actively seeking partnerships with other countries to secure mineral supplies and develop domestic mining capacity.
6. How is India trying to reduce its dependence on critical mineral imports?
● Investing in domestic exploration and mining, especially for minerals like lithium.
● Focusing on recycling critical minerals from used electronics and batteries.
● Developing technologies to reduce the amount of critical minerals needed in various applications.
7. What is India doing to promote sustainable practices in the green industry?
● Implementing strict environmental regulations for mining and processing.
● Encouraging the use of green mining technologies.
● Investing in research and development for sustainable materials and technologies.
8. What are India's future plans for the Green Industrial Revolution?
● Significantly increasing renewable energy capacity by 2030.
● Expanding the electric vehicle market and charging infrastructure.
● Boosting local manufacturing of renewable energy components and systems.
● Promoting research and innovation in green technologies.
Let me know if you'd like more information on any of these topics or want to explore specific examples of India's initiatives!
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