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COAL FINANCING BAN
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...- From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
- US coal exports to India expected to rise due to China tariffsThe US is likely to increase coal exports to India after China imposed new tariffs on American energy imports. This shift may affect the ma...
- Budget 2024: Chief Economic Advisor Anantha Nageswaran criticises developed nations for 'double standards' in climate actionIndia's Chief Economic Advisor, V Anantha Nageswaran, criticized developed countries for their climate action "double standards," highlight...
- Major world economies seek to halt new private sector coal financingOECD plan instructs financial institutions to stop funding coal projects. Calls for financing early closure of coal plants and supporting c...
- France, US to propose ban on private finance to coal-fired plants at COP28France, backed by the US, plans to halt private financing for coal-based power plants during the U.N. climate conference. The plan, known a...
- Major challenge as power demand unlikely to decline, says CentrePower and renewable energy minister RK Singh said the directive mandating imported coal-based plants to keep producing power might be exten...
- Rescuing power sector: Piyush Goyal calls high-level meeting on June 11The power ministry this time is likely to table two resolution plans to rescue 11 stressed projects.
- Winner's curse at auctions impacted coal, spectrum, renewable sectors: Economic SurveyIt suggested greater focus on addressing flow problem, or the policy environment that incentivises rent-seeking, than the stock problem.
- Coal, renewable, spectrum auctions led to 'winners' curse: Economic Survey 2018The auctions may have led to a winners’ curse, whereby firms overbid for assets, leading to adverse consequences in each of the sectors, sa...
- Coal India asks government to levy environment tax on pet cokePetroleum coke is a high calorific value solid fuel and extensively used for power generation in various countries.
- Mapping the market: CIL hauls Sensex over the coals and SpiceJet crash-landsAcross the board buying in global markets and further easing of WPI inflation brought cheer to investors, but Coal India played spoiler, dr...
- Paris climate talks: India's inputs retained in new accord draftIndia has expressed satisfaction with the first draft of the climate change accord released with the new document retaining all its inputs.
- Coal miners switch to turmeric farming in MeghalayaThe NGT ban on coal mining in Jaintia Hills region has resulted in many of those engaged in the activity switching to turmeric farming.
- Want to burn coal & save the planet? Japan touts a solutionJapan’s government and industry are backing emerging coal technologies they say are less damaging to the environment.
- Meghalaya government imposes 20% cut on non-plan expenditureSangma said his government has affected cut in non-plan expenditure as initiatives to address revenue gap arising out of NGT ban on mining ...
- Financiers of commercial vehicle look to expand presenceWith the sentiment upturn in the commercial vehicle (CV) manufacturing space, financiers in the segment are looking to expand their portfol...
- GoM may take up MoEF report on "inviolate" forest areas tomorrowMorga-II coal block having geological reserves of 350 million tonne was allocated to GMDC in August 2006 for commercial use.
- With mining sector in the pits, GDP growth to take a big knockAn unprecedented crackdown on corruption in India’s mining industry is resulting in collateral damage to the economy.
- Government panel says 'Go, No-Go' concept of forest area classification legally not tenable and should be abandonedThe environment ministry's ban on mining in areas of thick forest cover has locked away millions of tonnes of coal reserves.
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