Fossil fuel combustion is a major source of toxic air pollution that kills 7 million people every year, almost the same number of deaths caused by tobacco smoking. Burning fossil fuels releases a series of gases and tiny particles that have noxious effects for human health, leading to several respiratory and cardiovascular diseases and cancer.
This report reviews the information provided on fossil fuel subsidies in the draft National Energy and Climate Plans (NECPs) and confirms the European Commission’s findings, highlighting additional opportunities and pitfalls in government reporting on subsidies and subsidy phase-out efforts.
In a race to be the top state in India, the Institute for Energy Economics and Financial Analysis (IEEFA) has modelled the economic powerhouse Gujarat adding a staggering 46 gigawatts (GW) of new renewable energy capacity by 2029/30, in a new report out.
Question raised in Lok Sabha on Subsidy for Solar System for Irrigation, 09/07/2019. Ministry of New & Renewable Energy (MNRE), has launched a scheme for assisting farmers for installation of solar pumps and grid connected solar and other renewable power plants in the country on 08.03.2019.
Question raised in Rajya Sabha on Subsidies on petroleum products, 03/07/2019. Prices of petrol and diesel have been made market-determined by the Government with effect from 26.06.2010 and 19.10.2014 respectively.
As the three most populous countries in Asia, China, India and Indonesia share a lot in common when it comes to projected significant economic growth, and along with it, an increase in the power capacity driven by booming demand.
A fuel price cut by India’s central government from October 2018 to June 2019 resulted in subsidies of INR 26,957 crore (USD 3.9 billion) for gasoline and diesel. This far overshadowed funding for the government’s flagship electric vehicles (EV) subsidy program of INR 10,000 crore (USD 1.4 billion) over three years.
Question raised in Lok Sabha on Subsidy Under PMUY, 01/07/2019. The Pradhan Mantri Ujjwala Yojana (PMUY) beneficiaries get subsidy under PAHAL Scheme. The applicable subsidy is directly transferred into the bank account of beneficiaries.