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Top related persons:
Money Sharma - 1 Anil Kumar Jha - 1 Jha - 1 Neshwin Rodrigues - 1 Prakash Singh - 1 Sooraj Narayan - 1 Wood - 1 Sooraj Narayan Wood Mackenzie - 1
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☆ Coal free by 2070? India’s push toward renewables won't stop coal reliance for the next two decades
  + stars: | 2023-11-03 | by ( Charmaine Jacob | ) www.cnbc.com   time to read: +6 min
The country's leaders have been optimistic about its path to net zero, making bold claims that 50% of its power generation will come from renewables by 2030, and 100% by 2070. "This heightened power demand necessitates a reliable, cost-effective, and consistent power generation source, which coal currently fulfills," he highlighted. Nearly 10% of the country's electricity demand comes from space cooling and this will increase ninefold by 2050, the IEA said. Unreliable renewablesDespite being able to produce cheap wind and solar energy, only 22% of India's power generation is met by renewables. These complexities render it challenging to rely solely on renewables for consistent and dependable power generation," Narayan said.
Persons: Money Sharma, Anil Kumar Jha, Jha, Neshwin Rodrigues, Prakash Singh, Sooraj Narayan, Wood, Sooraj Narayan Wood Mackenzie, Narayan, Sumant Sinha, Sinha, CNBC's, Wood Mackenzie's Narayan Organizations: Afp, Getty, Coal, CNBC, National Thermal Power Corporation, International Energy Agency, Ministry of Coal, Jha, Bloomberg, Investment, Invest India, Nurphoto Locations: Uttar Pradesh, India, Coal India, Dadri, Asia, Uttarakhand, Kerala
☆ India seeks COP27 deal to 'phase down' all fossil fuels
  + stars: | 2022-11-12 | by ( Simon Jessop | ) www.reuters.com   time to read: +1 min
SHARM EL-SHEIKH, Egypt, Nov 12 (Reuters) - India wants countries to agree to phase down all fossil fuels at the COP27 climate summit in Egypt, rather than a narrower deal to phase down coal as was agreed last year, two sources familiar with the negotiations told Reuters on Saturday. India wants to expand that pledge to include all fossil fuels, the two sources who spoke to Reuters on condition of anonymity said. Asked to confirm that was its position, a spokesperson for the Indian COP27 delegation said: "We did not mention coal at all." The proposal would have to be agreed by consensus during the next week if it were to go into a final COP27 deal. "We mentioned the IPCC AR6 report that has come since Glasgow that recognizes the need for phase down for all fossil fuels.
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