As one of the fastest growing economies, India decisively opted for solar development, understanding its potential to lift the country out of financial, social, and industrial darkness. The announcement of targeting 100 GW solar energy by 2022 evidently created an environment of urgency and brought forth a plethora of opportunities for industrial development. As a…
Category: fossil fuel
Pricing Pollution: an Approach to Support Green Energy Growth
Curbing pollution and limiting global temperature rise is a necessity now. The Paris Agreement presented a platform from where initiatives for climate protection can be mutually taken by countries of the world. However, consider these facts - Global energy supply through fossil fuels have reached from 6,100 million tonnes of oil equivalent (Mtoe) in 1977…
The unutilised state of National Clean Energy Fund
The formation of NCEF or National Clean Energy Fund was indeed the right step towards supporting India’s green energy initiatives. The idea was introduced by the Government of India in 2010-11. And upon receiving huge support, it quickly became India’s carbon tax, on coal to generate fund for research and financing clean energy technology. Currently,…
Joining Hands to Protect Water: A Move That Can Result In Climate Restoration
In development of a country, using and protecting the natural resources plays a major part. To change the climate from going through drastic negative changes the world has readily accepted solar. However, it is also important for a country to focus towards protecting its water resources to support its economic growth while ensuring sustainability. Within…
Investment in Fossil Fuels Is Investment in a World of Fumes
Renewable energy investment ($ 286 bn) surpassed investment in coal and gas ($ 130 bn) in 2015-16 and estimated to amount to $333 bn in 2018-19. Not just the developed countries, but developing countries like Brazil, Philippines, Mexico, Turkey, Chile, Africa, and India are focusing on renewable energy to phase out fossil fuels. Solar has…