Thursday, August 22, 2024

India Accentuates Coal Reliance in its New Economic Policy Brief

 But many media entities—both in India and the West—overlooked the country’s decision to increase its coal consumption.

Most discussions of India’s annual budget are being dominated by the increased taxation of the middle class.

An economic survey released as a prelude to the financial budget often indicates the country’s future direction in various areas of governance, including energy and environment.

in engineering from Anna University, India.

Coal dominates India’s energy landscape, comprising over 55% of the nation’s primary commercial supply.

The International Energy Agency forecasts that India will account for nearly one-quarter of global energy demand growth from 2019 to 2040.

India’s enthusiasm for coal is driven by several factors: abundant domestic coal reserves, the need for reliable and affordable energy to fuel industrial growth and concerns about energy security. 

https://wattsupwiththat.com/2024/08/21/india-accentuates-coal-reliance-in-its-new-economic-policy-brief/

No comments:

Post a Comment

What the US Senate Should Say

 The Brownstone Institute discusses the need for a resolution from the US Senate to address the consequences of COVID-19 response measures. ...