India Makes Fresh Pitch For Membership of Nuclear Group NSG

    0
    64

    India made a renewed push for its membership to the coveted Nuclear Suppliers Group or NSG ahead of the COP26 climate summit, underlining that its climate and development goals are tied with its entry into the grouping.The NSG is a 48-member group which regulates global nuclear commerce.”As I said this is something that needs to be determined based on the type of technologies that would be available for that climate transition. For eg, for our base load to be replaced from coal to may be nuclear, we will need large amounts of capital for setting up nuclear plants both to replace our current demand and for the future demand that our development imperative requires,” said Piyush Goyal, India’s Sherpa to the G20 Summit.Admission of new members to the premier group is done through consensus. India had first applied for membership in May 2016. Even though India has the backing of the majority of the group’s members, China has been blocking its entry into the bloc.”Secondly, we will need to be members the Nuclear Suppliers Group (NSG) to ensure adequate availability of raw materials for nuclear supply and several other associated concerns around cost of power. So it’s going to be a holistic solution which will emerge through dialogue, discussion and the collective effort of all the countries,” Piyush Goyal added.India and Pakistan are not signatories to the NPT. After India requested to be included, Pakistan too applied for the NSG membership in 2016.India has asked developed nations that have “enjoyed the fruits of energy” to reach net zero faster so that emerging economies use some “carbon space” to drive growth. ‘Net zero emissions’ refers to achieving an overall balance between greenhouse gas emissions produced and greenhouse gas emissions taken out of the atmosphere.

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here