The Entrepreneurial Approach to Climate Change

Finally, can we really improve nutrition and lifestyles for the many poor and 200-300 million additional Indians if we reduce agricultural lands, don’t build that much infrastructure, and eliminate coal power? India has very low productivity for most major crops including wheat, rice, oilseeds, etc.; we have large energy losses and excess capacities in coal power plants; we have great strengths in services that need less of everything for that extra GDP. Those are the opportunities. India has the most arable land in the world, the largest number of engineers a great start-up ecosystem, Indians can save more than most, have the lowest cost of renewable energy, and the world wants to invest in India. These are the strengths. And if we don’t do our bit, climate change will reduce what we have now. That is the threat. But some of us believe that it can’t be done. And that is the weakness.