by AIP Online Bureau | Dec 6, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Asia’s second-largest reinsurance company, Korean Re, will no longer be providing reinsurance 1 for new coal mining or power plant construction from next month. Over 60 percent of the global reinsurance market, including reinsurers such as Hannover Re and Swiss Re,...
by AIP Online Bureau | Nov 18, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News
India’s government has said it was committed to achieve net zero emissions by 2070, and official data reviewed by Reuters shows that renewable energy generation grew 21% in March to October, even as coal use for power increased. MUMBAI: India’s coal-fired power...
by AIP Online Bureau | Nov 15, 2022 | International News, Non-Life, Reinsurance
“Accelerated retirements (of coal plants) within the OECD and the collapse in the scale of new project proposals in the rest of the world have been counteracted by the ongoing expansion of the coal fleet in China,” said the PPCA, an international campaign aimed at...
by AIP Online Bureau | Aug 13, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
Despite the huge deployment of renewables, burning coal remains the preferred way of generating electricity worldwide, accounting for 35% of all electricity.As Western producers take advantage of record prices – with companies such as Glencore pledging to operate the...
by AIP Online Bureau | Jun 8, 2022 | Climate, Environment, Renewable Energy, Indian News, Regulation
However, the use of low-sulphur coal in thermal power plants has been exempted from the ban New Delhi: The Commission for Air Quality Management (CAQM) has issued directions to ban the use of coal in industrial, domestic and other miscellaneous applications in the...