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Major world economies seek to halt new private sector coal financing

by AIP Online Bureau | Jun 11, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Risk Management

If approved, the draft proposal by the Organisation for Economic Co-operation and Development, would be the first move by a multilateral institution to curb financing for coal, one of the biggest causes of climate change, which produces more carbon dioxide emissions...
Coal, the dirtiest fossil fuel, is finally preparing for long goodbye

Coal, the dirtiest fossil fuel, is finally preparing for long goodbye

by AIP Online Bureau | Mar 24, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management

Thanks to a combination of China’s energy insecurity — pushing Beijing back to trusted power sources — plus rising Indian demand, the continued fallout from the war in Ukraine and faltering international programmes to wean developing economies off fossil fuels, coal...
Coal, the dirtiest fossil fuel, is finally preparing for long goodbye

Govt panel backs higher carbon tax on coal imports to limit polluting fuel

by AIP Online Bureau | Mar 7, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

In its report to the coal ministry, the panel said the current carbon tax rate of 400 rupees ($4.83) on every metric ton of coal, regardless of the quality bought, favoured imports and hit sales of domestically mined coal. Singapore: A panel of officials from Indian...

India turns to coal as hydro generation falls

by AIP Online Bureau | Dec 2, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

Coal satisfied 80% of electricity demand up from 73% a year earlier, while the hydro share fell to 9% from more than 15% LONDON: India produced a record amount of electricity from coal in October to make up for a shortfall in hydro generation following...

India wants private money for coal-fired plants despite Western opposition

by AIP Online Bureau | Nov 22, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

Private power companies were told that the majority of the peak-hour electricity demand in India can be met by coal-based power stations, since storage technologies are costlier to support solar and wind-based energy generation, officials said. New Delhi: India on...
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