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Global demand for coal is still rising: EU member states have been reluctant to take action against coal projects and continue to subsidize coal related business with almost 10 billion euros per year. King Coal also generates 43 percent of Germany’s total energy.
Worldwide, a significant proportion of the private sector receives some level of support, interventions and subsidies from the public sector. In the specific case of energy subsidies
The Global Forest Coalition (GFC) launched a new briefing paper, providing a critical overview of the problem of current carbon accounting rules in the land use and forests sector, under the acronym LULUCF. These are creating loopholes for real emission cuts and will undermine any new climate agreement.
In this briefing paper, the Institute for Energy Economics and Financial Analysis (IEEFA) provides an updated review of India’s electricity sector transformation, given the acceleration of momentum that has occurred over 2015.
The precipitous fall in oil prices, continued geopolitical instability and the ongoing climate negotiations are witness to the dynamic nature of energy markets. In a time of so much uncertainty, understanding the implications of the shifting energy landscape for economic and environmental goals and for energy security is vital.
As many as 31 Indian companies have made it to a global list for disclosing climate change related information to their investors, including four corporates - ITC, Tata Steel, Tech Mahindra and Wipro - which have attained a perfect score of 100.
With the Indian INDC having specified a voluntary target of cutting emission intensity of the GDP by 33-35% by 2030 from 2005 levels, it is anticipated that a major portion of this will rest on the initiatives of Indian industry.
McKinsey Research finds that operational improvements can reduce energy consumption by 10 percent to 20 percent, which is far less than the 50 percent of consumption that can be cut by use of renewable resources.
This study conducts a detailed analysis of the existing market framework for renewables at the centre and state level. This includes an analysis of the existing RE policies, market mechanisms, regulatory issues, and technical issues within the different states.
