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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...

France, US to propose ban on private finance to coal-fired plants at COP28 – sources

by AIP Online Bureau | Nov 21, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Policy

About 73% of electricity consumed in India is produced using coal, even though the country has increased its non-fossil capacity to 44% of its total installed power generation capacity France, backed by the United States, plans to seek a halt to private financing for...
India says 50 million people directly dependent on coal mining, says India

India says 50 million people directly dependent on coal mining, says India

by AIP Online Bureau | May 15, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life, Policy

“As per our estimation, about 50 lakh people are engaged directly or indirectly in coal mining activities, especially in eastern Indian states. So, just transition has to cater to that challenge,” he said India will press for a “just energy...
Govt amends power policy draft to halt new coal-fired capacity: Reports

Govt amends power policy draft to halt new coal-fired capacity: Reports

by AIP Online Bureau | May 4, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance

India, whose proposed coal power capacity is the highest after China, had repeatedly refused to set a timeline to phase out coal, citing low per-capita emissions, surging renewable energy capacity and demand for inexpensive fuel sources India and China account for...

Global coal consumption set to hit new high this yr despite ambitious goals

by AIP Online Bureau | Dec 16, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

Coal usage looks likely to increase by 1.2% in 2022, surpassing 8 billion tons in a single year for the first time, according to an International Energy Agency report published Friday. It also said consumption will likely remain at that level until 2025, as declines...
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