A year ago, the Indian government announced a goal of 100 GW of solar by 2022. Large parts or the markets (including us) were skeptical. In the last couple of months, however, the mood has changed.
Indian rating agency CRISIL suggested that power sector loans of as much as $62.5 billion might turn toxic. Half of the amount has been lent to India's chronically loss-making distribution companies.
India, the world's 3rd largest emitter of carbon and one of the countries most vulnerable to climate change, is a key player in global climate negotiations. Now, its negotiating position might [...]
We know that thermal power generation is carbon intensive and releases billions of tons of CO2 into the atmosphere. But does coal as an energy source have other costs associated with it? Yes, plenty.
Almost all countries of the world will meet in Paris in November to agree upon a globally binding treaty on tackling climate change. The Conference of Parties has in the past tried, but failed.
The Indian solar story is much bigger than the story of one country and one technology. It is the opportunity of a lifetime for India, for the global energy industry and for the climate. Here is why.
According to the Stern Review, climate change could cost the world 20% of its GDP in damages. And also claims that taking steps to tackle climate change would only cost the world 1% of its GDP.
The IPCC released its 1st assessment report in 1990, concluding that temperatures had risen by 0.3-0.6°C in the last 100 years, and warned that humanity’s actions were contributing to the trend.