Washington DC. October 01: In a bid to boost US-India clean energy and climate cooperation, a top Democratic senator Robert Menendez, a ranking member of the Senate Foreign Relations Committee, on Wednesday introduced legislation in the US Senate to establish a forum for bilateral cooperation with India on clean energy technologies and energy transmission.
Prioritizing Clean Energy and Climate Cooperation with India Act establish the US-India Clean Energy and Power Transmission Partnership (CEPTP) as the main forum for cooperation between the U.S. and India on clean energy technologies and energy transmission.
It promotes partnerships between U.S. and Indian universities and government research laboratories on the research, development, and application of clean energy technologies. The legislation also promotes lawful sharing of intellectual property between U.S. and Indian private sector entities for renewable energy technology, air conditioning technology, and refrigeration systems technology.
It encourages U.S. private investment in the Indian clean energy technology market and supports the provision of technical assistance and expertise on electricity grid and energy efficiency improvements in India. Not only this it also supports initiatives to develop new renewable energy generation capacity in India.
The Act also promotes US-India cooperation on climate resilience and risk reduction.“Given the shared threat of climate change and India’s growing need for electricity, there is a strong case to be made for strengthening the US-India clean energy partnership,” said Menendez. He further added that “In that vein, I am introducing this legislation having witnessed firsthand the positive results that come when our nations work as a team to tackle common challenges."
"By establishing the US-India Clean Energy and Power Transmission Partnership, we are laying the groundwork for successful partnerships between not only the US and Indian governments, but also our universities and private sectors. I am proud to lead this effort to further strengthen our relationship with India,” Menendez said.
Menendez was part of a congressional delegation to India in the fall of 2019, during which he engaged with India’s Minister of New and Renewable Energy and Indian business leaders to discuss how the US and India can address the threat of climate change and deepen cooperation on clean energy production.The legislation also seeks to promote lawful sharing of intellectual property between US and Indian private sector entities for renewable energy technology, air conditioning technology, and refrigeration systems technology.