Home Tag "Coal"

China provides $1 billion in ‘green’ finance to coal projects in first half of the year

SHANGHAI: Chinese financial institutions provided at least $1 billion in “green” financing to coal-related projects in the first half of this year, a review of financial data showed, with fossil fuels still playing a major role in Beijing’s energy strategy. According to Shanghai-based financial data provider Wind, 7.4 billion yuan ($1.1 billion) in green corporate […]

Why electricity supplied to Electric Vehicles in India is not so green

Depending on country’s electricity-generation sources, electric vehicles are largely not emissions-free in most of the countries. Electric Vehicles (EVs) seemed like a solution to growing pollution by emissions and heavy oil imports. The Union Budget 2019 by the NDA-led government has tried to promote both the indigenous manufacturing of EVs and purchase benefits with tax […]

Economic Survey: Fossil fuels, coal to remain an important source of energy

This comes after India making huge strides in ramping up renewable energy capacity and improving energy efficiency through various policy initiatives New Delhi: The Economic Survey 2018-2019 tabled in Parliament on Thursday said India would continue its reliance on fossil fuels, especially, coal in the coming future for meeting its energy requirements. This comes after […]