Financing India’s renewable energy vision
India’s target of achieving 175 GW of renewable energy capacity by 2022 might appear ambitious, but it is crucial as it will have a positive impact on the country’s economic growth, energy security and...
Green advocates praise Budget 2020, concerns on fund allocation
In her speech, she highlighted the need to shut down old coal plants. India has about 48GW worth of coal power plants that are old and don’t comply with the new emission standards. New...
Union Budget: 24 crore people live in the dark, Sitharaman talks of prepaid smart meters
Counterview Desk The Centre for Financial Accountability (CFA), a Delhi-based advocacy group, commenting on the Union budget 2020-21, has has called it a case of missing wood for the trees, pointing out, Finance Minister...
Green advocates praise Budget, concerns on fund allocation
Green advocates praise Budget, concerns on fund allocation Green advocates on Sunday praised Union Finance Minister Nirmala Sitharaman”s Budget speech towards combating air pollution along with fighting climate change and energy transition. But they...
How Budha Ismail Jam, a Gujarati fisherman, challenged multinationals in a US Court
In 2005/06, when coal plants were set up in Kutch District of Gujarat district, locals were promised employment. The project, set up by Adani and Tata Groups and backed by international financial institutions, was...
Commentary: The finance sector is already moving away from fossil-fuel investments
A monumental shift towards renewables is already underway, says Andrew Higham. The 4.9 MW solar project, built by Cypress Creek Renewables, is pictured in Newton, North Carolina, United States in this undated handout photo...
Dammed in the Narmada, Damned by the State
There is a haunting video of Ranjana Hiralal Gore online. She is sobbing. Draped in a blue and white sari, she tugs firmly to the edge of a metal gate outside her door, as...
Is Jagan favouring high cost thermal PPAs? asks CFA
The Delhi-based ‘Centre for Financial Accountability’ (CFA) has asked whether AP Chief Minister YS Jaganmohan Reddy has adopted double standards over the Power Purchase Agreements (PPAs). Why is Jagan discouraging the lower cost PPAs...
Climate Crisis | How to untangle the mixed signals on coal in India?
Climate Crisis | How to untangle the mixed signals on coal in India? Several studies indicate that coal is losing its charm in India. The global trends indicate that global capital is fleeing coal....
Opening up of commercial coal mining to 100% FDI unlikely to boost sector
The opening up of commercial coal mining in India to 100 per cent Foreign Direct Investment (FDI) is unlikely to bring happy tidings for the sector. At a time when global capital is fleeing thermal coal, it...
Mergers To Serve Corporate Interests
On August 30, Finance Minister Nirmala Sitaraman announced the consolidation of 10 public sector banks (PSBs) into four large ones. The background of the announcement is the current full-blown economic crisis and a brewing...
Investors are Leading the Climate Change Charge While Governments Lag Behind
Investors are leading the climate change charge towards zero emissions and cleaner fuels while governments lag behind Financial giants are redirecting massive money flows away from fossil fuels as slow movers report losses. But...
Asia Digs up and Burns Three-quarters of the World’s Coal
That must change if the climate is not to A LARGE SIGN in the city hall of San Carlos, on the island of Negros in the Philippines, lays out the local government’s ambitions. It...
India Needs Up To $700Bn Investment In Renewable Energy
India’s government has ambitious plans to achieve 175 GW of renewable energy capacity by March 2022, although it was standing only at over 81 GW by the end of July 2019. It is even...
Renewable Energy Sources Defeating Coal, Says Report
Lenders prefer renewable energy over coal, especially in 2018: Centre for Financial Accountability Report Coal Vs Renewable Is coal losing its charm? Yes, if the recently released report Coal Vs Renewable is to be believed. Lenders...
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