Study Estimates Annual Costs Of India's Air Pollution At $150 Billion/Year - 5.4% Of GDP
The Center for Energy and Clean Air Research and the Greenpeace Branch in Southeast Asia recently published research according to which, the global cost of fossil-fueled air pollution is $ 8 billion a day, or roughly 3.3% of global economic output. China, the United States and India bear the highest cost from fossil fuel air pollution.
In India, the cost of fossil fuel pollution is $150 billion a year, the report further estimated. The whopping number is 5.4 per cent of India's GDP and to put this more perspective, the number is higher than what New Delhi spends on education; India spends on healthcare. This is even more than the GDP of several countries including, Barbados, Maldives, Seychelles etc.
Almost all of India's factories run on fossil fuels. Coal, which is the largest source of energy supply in India, is being burnt to fuel development in India and this, in turn, is taking a toll on the country's economy.
The country is the third-largest consumer of oil while it is the fourth-largest oil refiner in the world. Earlier studies have shown that living in New Delhi is like smoking 10 cigarettes a day.
EDIT
https://www.wionews.com/india-news/air-pollution-costs-india-150-billion-a-year-report-280588
