Business Matters | Can investments in renewable energy now help avoid future crises? | The Hindu

Last week, the World Bank said that India could soon be among the first places in the world to experience heat conditions that test even human survivability. That may sound a dramatic claim to make, it is clear that we are already seeing signs of the oncoming perils. Sure enough, as with earlier years, this summer too we experienced a series of unexpected heat waves that made our crops wilt. Instead of an anticipated wheat surplus that could have allowed us to export more in the absence of Ukrainian wheat that went off the market because of the Russian war, we had to ban exports to protect local prices, something that obviously displeased wheat farmers who could not benefit from attractive international prices. The World Bank cites extreme temperatures in the period, with New Delhi recording 46 Deg C. March was the hottest month on record. Could timely investments in renewable energy sources have helped avoid the current global energy crisis? We also look at renewable sources of energy, apart from solar and wind, we can tap into. Script and presentation: K. Bharat Kumar Guest appearance: M. Ramesh Production: Shibu Narayan Videography: Johan Sathyadas #renewableenergy #solar #solarenergy #windenergy Thank you for watching our video! You can subscribe to our channel here: https://bit.ly/3c8Adi6 Visit https://www.thehindu.com/ for the latest updates, analysis, opinions, and more. You can also download our apps: Android: https://bit.ly/3nboBEi iOs: https://apple.co/3EDCwt4 The Hindu is committed to keeping you up-to-date with information on the developments in India and the world. We promise to deliver quality journalism that stays away from vested interest and political propaganda. You can support us by subscribing to our digital offerings here: https://bit.ly/3emywiz Follow us: Twitter:   / the_hindu   Instagram:   / the_hindu