SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?


To: Eric who wrote (76968)5/18/2017 6:19:16 PM
From: Brumar89  Read Replies (1) | Respond to of 86363
 
Coal To Remain India’s Main Energy Source For At Least 30 Years, Govt Confirms
MAY 18, 2017
By Paul Homewood

From GWPF:



Coal will remain India’s main energy source for the next three decades although its share will gradually fall as the country pushes renewable power generation, according to a government report seen by Reuters.The country is the world’s third-largest coal producer and the third-biggest greenhouse gas emitter. It depends on coal for about three-fifths of its energy needs and aims to double its output to 1.5 billion tonnes by 2020.

By 2047, however, coal’s share of India’s energy mix would shrink to 42-48 percent, from about 58 percent in 2015, the report, which has yet to be made public, showed.

“India would like to use its abundant coal reserves as it provides a cheap source of energy and ensures energy security as well,” the report said.

thegwpf.com

According to the Reuters report, the country is the world’s third-largest coal producer and the third-biggest greenhouse gas emitter. It depends on coal for about three-fifths of its energy needs and aims to double its output to 1.5 billion tonnes by 2020.

It really is a no-brainer!

India, as with most countries, is desperately keen to reduce its dependency on imported energy. Given that it has huge deposits of coal, it will want to use them.

As a recent report by InfluenceMap, “Who owns the World’s coal”, points out, China and India are sitting on more than half of the world’s coal reserves.



influencemap.org

Moreover, as the study explains, it is the Indian Government itself that owns the largest chunk of India’s reserves. It will take no action that damages this asset.

notalotofpeopleknowthat.wordpress.com