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FOSSIL FUEL SUBSIDY
Electric two-wheelers, private EV cars record highest registrations since 2019 in DelhiDelhi's electric vehicle market is booming. Electric two-wheelers and private electric cars have seen their highest registrations since 201...
China’s EV boom is cleaning the air, and may have prevented 262,000 deathsElectric vehicles are proving to be life savers. Studies show China's shift to electric cars has prevented thousands of premature deaths. A...
India set to hike biogas prices, subsidies under new programIndia is launching a new program to significantly increase compressed biogas production. Higher guaranteed purchase prices and subsidies wi...
Clean energy sector to add over 44 lakh jobs by 2030: StudyIndia's clean energy sector is set to generate over 44 lakh jobs by 2030. Rooftop solar will be the biggest job creator, accounting for nea...
Meet "Thor": Denmark's upcoming wind giant in the sea with 72 turbines to power a million homesDenmark is building Thor, its largest offshore wind farm. This project will power over a million homes with clean energy. The United States...
India’s next big energy bet may come straight from China’s coal handbookThe Strait of Hormuz closure is impacting Asia's chemical industry, pushing India to emulate China's coal-to-chemicals model for energy and...
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...
Rs 10.9 lakh crore burden: Iran shock can take a load off India's backRising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast...
India weighs $1 billion aid for private electric buses, trucksIndia is considering incentives worth more than $1 billion to encourage private operators to adopt electric buses and trucks as part of eff...
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...
Sustained reforms will help India maintain growth momentum, says ADB’s Albert ParkIndia's economy shows strong growth prospects despite global challenges. The Asian Development Bank highlights the need for continued refor...
Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
Global Market: Emerging markets face mounting economic pressure amid Iran war disruptionsThe Iran war's economic ripple effect is hitting emerging markets hard, two months on. Rising inflation, trade disruptions, and fiscal stra...
How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
Oil prices surge from Iran conflict boosts global biofuel demandGlobal oil prices are surging due to a war in the Middle East. This is increasing demand for biofuels made from crops. Countries in Asia ar...
IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutionsGlobal finance leaders met amid Middle East war news. They acknowledged their limited ability to counter economic damage from frequent geop...
Iran war exposes cost of Asia's fossil fuel relianceThe latest global energy shock highlights the risks of fuel import dependence, with Bangladesh hit hard by soaring LNG costs after supply d...
Amid West Asia crisis: Santa Marta meet aims to drive fossil fuel shiftThe Santa Marta conference has been described as a meeting of the "coalition of doers", comprising countries and stakeholders committed to ...
Centre to roll out PM-KUSUM 2, push rooftop solar to hit 10 million homesIndia is set to boost solar power with new schemes. The PM-KUSUM 2 initiative will expand solar irrigation. The PM Suryaghar Muft Bijli Yoj...
- Cut fossil fuel subsidies
G20's call to phase out fuel subsidies gives reason to take overdue action.