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Industry must act against global warming: Pachauri

‘Invent products that are low in carbon density’

— Bijoy Ghosh

Eco concern: Mr K.V. Kamath, Vice-President of CII and MD and CEO, ICICI Bank, addressing the gathering at the 4th Young Indians National Summit organised by CII Young Indians in Chennai on Saturday. Mr Jay Galla (left), Chairman, Yi National Summit 08 and Managing Director, Amara Raja Batteries, and Mr Rajan Navani, National Chairman, Young Indians & Managing Director, Jetline group of companies, are also seen.

Our Bureau

Chennai, Feb. 16 Indian industry should look at proactive methods to mitigate global warming and climate change, said Dr P.K. Pachauri, Chairman, Inter-governmental Panel on Climate Change.

Dr Pachauri, who is also Chairman of the Nobel-winning The Energy Resources Institute, said industry should invent products that are low in carbon density.

Speaking via video link on Saturday at the 4th Young Indians National Summit organised in Chennai by the Confederation of Indian Industry (CII), Dr Pachauri said the Government would soon come out with a new Climate Change Policy to address issues on global warming.

Dr Pachauri noted that India was losing 10 per cent of its GDP on account of air pollution and degradation of natural resources. He observed that over 2.5 million people in India were losing their lives due to air pollution. He urged industry to promote water conservation, energy management and healthcare awareness for the masses through CSR initiatives.

He felt that the impact of global warming could lead to an increase in earth temperature ranging from 1.8 degree Celsius to 4 degree Celsius in this century.

Mr K.V. Kamath, Vice-President of CII and Managing Director and CEO, ICICI Bank, in his keynote address said around 10-12 million jobs would be created in India in the next 10 years and most of the jobs would come in sectors such as telecom, financial services and retail.

He called for a collaborative partnership among industry, institutions and Government in revising the existing academic curriculum to suit industry requirements. Pre-employment training in different fields was very essential for students to meet job requirements of industry.

“The foremost of the challenge is the right skilling of students,” he said.

Mr Jay Galla, Chairman, Yi National Summit ’08 and Managing Director, Amara Raja Batteries Ltd, in his welcome address said that the summit’s theme, ‘Wake up India’ was literally a wake-up call for all stakeholders in India’s growth story.

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