India most energy efficient among emerging economies: Report

Defying the logic that a growing economy consumes more energy, India has emerged as the most energy efficient country among leading emerging nations including China, Brazil and South Africa.

Latest findings from the Emerging Economy Report by research and consulting firm, Center for Knowledge Societies, show emerging economies could play pivotal roles in reducing the growing environmental anxieties worldwide.
The report mapped energy consumption patterns across different industrialised and emerging economies and observed that growing nations were already highly efficient.

“This means that they (emerging economies) create more economic value per unit of energy consumed. On the other hand, as their GDP per capita grows, their carbon footprint balloons…energy innovation is the only way out of this logic,” CKS founder and CEO Aditya Dev Sood said.

The report shows that most emerging economies remain far below the energy consumption as well as carbon emission levels of industrialised economies.

India’s per capita energy consumption of 12.6 million Btu and Indonesia’s (21.5) are almost negligible when compared to more economically developed nations like South Korea (170.2 mBtu per capita) and Taiwan (181.5).

Economic Times