China is the world's factory, and is developing its infrastructure and urban centers at breakneck speed. The country produces more steel than any other economy, and half the world's cement - a fact that is illustrated by huge construction sites in every neighborhood. The industrial sector takes up an astounding 72% of China's energy to feed this demand.

The Global Subsidies Initiative (GSI) recommends a three-step process to define, measure and evaluate subsidies; this process starts with a broad, crosssectoral application that narrows throughout the process. The benefits of this approach are that it is flexible enough to cover different national priorities and

Understanding the complex trade-offs between the economic, environmental and social impacts of subsidy reform is a challenge for any government considering phasing out fossil-fuel subsidies. Jennifer Ellis provides a detailed literature review, focusing on the six modelling studies in the last 20 years that have attempted to analyze global impacts for all fuels.

The severe challenge posed by the need to reduce emissions of greenhouse gases, especially in the
electricity generation sector, has led to renewed interest in the construction of nuclear power plants.
These would initially replace the aging stock of existing reactors, then meet electricity demand growth, and eventually replace some of the fossil-fired electricity-generating plants.

Survey backs decontrol of fuel pricing, shift to direct subsidy for poor through coupons

FREE fuel pricing from the government

Cabinet Split On Fertilizer Price Fears

In a first step towards reining in a spiralling fertilizer subsidy bill that crossed Rs 100,000 crore in 2008-09, the cabinet bit the bullet on Thursday and decided to de-control prices of all fertilizers other than urea while fixing subsidy on these based on their nutrient content from April 1, 2010.

The impact of the recommendations of the expert group on pricing of petrol, diesel, kerosene and LPG on the poor and on the price level should be no more than that of present policy and most likely smaller over time. The group has recommended freeing petrol and diesel prices and some increases in prices of kerosene and LPG.

Murli Deora

Planning Commission deputy chairman Montek Singh Ahluwalia on Thursday said the government should dismantle the administered pricing of fuel, as it would keep prices low even when commodity prices start rising.

New Delhi: The oil ministry will make a strong pitch to unshackle petrol prices from government control and introduce a differential pricing mechanism, along with a small price increase of Re 1 a litre for diesel, when the Cabinet meets on Thursday.

In case it goes through, the proposal for deregulation will mean a jump of Rs 4.71 in the price of a litre of petrol.

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