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Centre plans 25 per cent greenhouse gas emission cut by 2020: Minister
India would produce 175 gigawatt electricity through different sources of green energy by 2020, out of which 100 gigawatt would be solar energy. PATNA: Emission of greenhouse gases that lead to global warming and climate change would be reduced by 20-25% in India by 2020 and 33-35% by 2030, Union minister for environment, forest and climate change Harsh Vardhan said. He also claimed that the Centre has targeted to make contribution of clean energy in total energy production i
Climate change to affect India’s renewable energy plan: Study
Changes in wind pattern in the Northern Hemisphere and pollution are seen taking a toll of wind power and solar power plants, respectively New Delhi: Changing weather patterns may negatively impact India’s renewable energy generation capacity, said developers and weather scientists. A recent research published in Nature Geoscience, which used 10 global climate models to investigate large-scale changes in wind power generation across the globe, indicated that there will be cha
Renewable energy in India: lofty targets, shrinking expectations
Shares of wind power firms Inox Wind and Suzlon Energy have hit new lows in June The government may exude confidence about exceeding its 2022 renewable energy capacity addition targets but stakeholders are lowering growth expectations. Shares of wind energy equipment providers Inox Wind Ltd and Suzlon Energy Ltd hit new lows this month. A survey of project developers, contractors, equipment makers and financiers by Bridge to India, a consultant, points to an easing of growth
Carbon 'bubble' could cost global economy trillions
A rapid reduction in demand for fossil fuels could see global economic losses of $1-4 trillion by 2035 according to a new report. Energy efficiency and low carbon technology could cause the downturn, even if governments fail to take new steps to meet the Paris climate goals. The resulting "carbon bubble" could cause losses larger than the 2008 financial crisis, the authors say. The US and Canada would be the biggest losers, the study finds. According to the International Ener
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