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How ‘polluter pays’ goes up in smoke: Waive INR24,000 crore coal cess; put 20% duty on solar imports

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Energy

How ‘polluter pays’ goes up in smoke: Waive INR24,000 crore coal cess; put 20% duty on solar imports

Coal power has continued to get subsidies even as the government tries to project an image of development towards renewables. Rather, the measures it has proposed will push the stressed renewables industry further against the wall.
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27 Jan 2020 6 Mins Read 3 comments
Concept by Muhabit ul haq Getty Images
Concept by Muhabit ul haq
The sunshine sector has been covered in dark clouds for a while now. Despite the Indian government aggressively positioning itself as a renewables-friendly — and more specifically solar — country, it has not only failed to put its money where the mouth is, but also appears to be taking steps that go against the sector in more ways than one.
have more or less remained stable, subsidies for renewables have seen a sharp decline,” says IEEFA’s Garg. The question then is this: If the polluter is not going to pay, who will. If the clean continues to pay for the dirty, the market dynamics will not allow a financially driven clean-energy shift. (Graphics by Mohammad Arshad)
The sunshine sector has been covered in dark clouds for a while now. Despite the Indian government aggressively positioning itself as a renewables-friendly — and more specifically solar — country, it has not only failed to put its money where the mouth is, but also appears to be taking steps that go against the sector in more ways than one. have more or less remained stable, subsidies for renewables have seen a sharp decline,” says IEEFA’s Garg. The question then is this: If the polluter is not going to pay, who will. If the clean continues to pay for the dirty, the market dynamics will not allow a financially driven clean-energy shift. (Graphics by Mohammad Arshad)

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