Narendra Modi's office proposes carbon tax waiver; move to make coal more competitive with solar, wind energy
The PMO has proposed waiving the carbon tax of Rs 400 ($5.61) per tonne that was levied on the production and import of coal
Coal prices would likely triple, and electricity bills would shoot up by 30 percent or more, but it would go a long way in cutting emissions.
Marrying climate change and financial sustainability: The curious and troubling case of coal in India - II
Coal’s viability is a fight with Economics and Climate ranged on one side vs Democratic realities and Financial stability on the another.
Marrying climate change and financial sustainability: The curious and troubling case of coal in India - I
More than three quarters of India’s electricity is generated by burning coal. The international community would prefer the better part of India’s coal to stay below ground. Indian development enthusiasts would beg to differ. In the stridency of their arguments, the nuances that could lead to a solution — of both climate and finance — can perhaps be missed.
The demonstrators in yellow jackets have rallied around one particular government policy: a looming hike in fuel taxes in France.
Jaitley said that the government is launching a scheme for faster adoption and manufacturing of electric vehicles.
Prime Minister Tony Abbott reintroduced legislation to the Australian Parliament on Monday that would repeal a carbon tax that the nation's worst greenhouse gas polluters have to pay.
The International Air Transport Association (IATA), which represents some 240 global airlines, issued a statement expressing "concern and surprise" at the proposal from the EU executive.
'Though the EU has directed Indian carriers to submit emission details of their aircraft by March 31, 2012, no Indian carrier is submitting them in view of the position of the government.' said Civil Aviation Minister Ajit Singh.
The introduction of a new carbon tax will artificially raise electricity prices while failing to reduce carbon emissions, thus making UK-based steelmakers less competitive.