India’s new Prime Minister Narendra Modi has set ambitious new targets for reducing coal consumption and scaling up renewables. India will double the tax on coal production, promote renewable energy projects and electric vehicles to balance out emissions from coal-fired power plants. “With regard to coal, there’s a need to find a balance between taxing… Keep reading →
Over the weekend, an estimated 300,000 to 400,000 people gathered in New York City for a rally organized by Peoples Climate, a coalition of more than 1,500 organizations that demand world leaders take action to combat climate change. For all of the media coverage and billboards protesting a plethora of topics such as fracking, the… Keep reading →
As economies and populations grow, standards of living improve for billions of people, and with it the need for energy continues to rise. Or as World Bank Group President Dr. Jim Yong Kim put it “energy is a critical part of boosting prosperity and eradicating poverty.” The world’s center of gravity is shifting more and… Keep reading →
In the last article of Breaking Energy’s series on Myanmar, we take a look at the state of foreign investment. For more on the challenges facing the government and how the country uses electricity, see the first article. For details on the government’s pricing structure and demand projections, see the second article. While residents… Keep reading →
