Often people assume that fossil fuel subsidies help the poor by making energy more affordable. In fact, most fossil fuel subsidies are not working well for energy access and poverty goals. The annual fossil fuel subsidy expenditure of USD 425 billion could be better invested by governments towards SDG outcomes.
Centre for Science and Environment (CSE) says the new proposal of the Ministry of Power to fix the starting temperature of room air conditioners (RAC) at 24 degree C is a step in the right direction, as the current popular practice of fixing the starting temperature or switch ON temperature at 18-20 degree C increases electricity guzzling. Comfort targets can be met at a higher temperature setting and at lower electricity consumption.
This paper investigates factors behind the growth of carbon dioxide emissions over the 35 years between 1980 and 2015 in more than 100 countries, using an index decomposition technique (the Logarithmic Mean Divisia Index). The results are further confirmed using an econometric technique (the general method of moments).