Adani crisis points to the big risk in India’s net-zero plan

THE crisis facing billionaire Gautam Adani has revealed a potential pitfall in India’s ambitious plan to reduce emissions: its reliance on the country’s most affluent and powerful private citizens.

Led by Adani’s US$70bil (RM298.1bil) pledged investment in green energy infrastructure, India’s tycoons have so far committed to spend far more than the government on the energy transition.