Indian

Decommissioning coal power plants older than 25 yrs can save Rs 37K cr: Study

The CEEW study also recommends considering 30 GW of India’s coal-based (power generation) capacity for accelerated decommissioning.In fact, it stated that relegating these inefficient plants would additionally result in a one-time saving of Rs 10,000 crore (USD 1.37 billion) on account of avoided pollution control retrofits.

Global insurance recovery will be faster, stronger than in 2008: Swiss Re

Writing new policies was more difficult in 2009 and 2010 when insurers were reeling from capital losses, slow economic growth and depleted incomes of companies and individuals.

In contrast, businesses and individuals now have more money from government stimulus and support programs, and are more conscious of the need to buy protection against risks, he added.

India urges G20 countries to fulfill emission targets

The Indian delegation in the G 20 meeting said that India has already achieved an emission reduction of 28 per cent over 2005 levels and is all set to exceed its NDC(Nationally Determined Contributions (NDC)) commitments before 2030, the press release further stated

India has achieved 38.5 per cent installed capacity from renewables, said the Indian delegation.

International

Tesla rolls out insurance in California

Chief Executive Elon Musk has been one of the strongest proponents of the idea that car insurance rates should plummet as driver-assist and self-driving technology become standard. Tesla said rates of its new plan were as much as 20% lower than those of rivals but did not provide comparisons.

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