linkedin
BROUGHT TO YOU BY
Exclusive Access, Inclusive Growth

WELCOME TO ET PRIME

BROUGTH TO YOU BY
Exclusive Access, Inclusive Growth
ET Prime
SECTIONS

Energy

Investors are taking the cue from BlackRock’s decision to exit coal. Curiously, India wants them in.

font size
FONT SIZE
save
SAVE
saved
SAVED
Gift this article
GIFT ARTICLE
Energy

Investors are taking the cue from BlackRock’s decision to exit coal. Curiously, India wants them in.

The long, intense discussion on the sustainability of fossil fuels, especially coal, finally appears to be reaching a consensus – no one wants to put good money into such energy sources, and this could accelerate the shift towards renewable energy. But then, why is India fishing for investments in coal?
font size
FONT SIZE
save
SAVE
saved
SAVED
Gift this article
GIFT ARTICLE
1520424207
14 Sep 2020 7 Mins Read 0 comment
Coal being transported in rail wagons BCCL
Coal being transported in rail wagons
There’s many a slip between the cup and the lip. Or, in the world of sustainable financing, many a mile between the climate messaging and the money. For years now, environmentalists, environmental economists, and finance whiz-kids have been warning that investing in fossil fuels is a little bit like putting it into a hole. Plus, there were activist
of global investors pulling out of coal and fossil fuels, and India’s commitment to cut emissions, why is the government making such a push for coal now? The answer lies in energy demand, but as the factors just mentioned show, coal may not be the right solution to fulfil it. ( Graphics by Abdul Shafiq and Mohammad Arshad)
There’s many a slip between the cup and the lip. Or, in the world of sustainable financing, many a mile between the climate messaging and the money. For years now, environmentalists, environmental economists, and finance whiz-kids have been warning that investing in fossil fuels is a little bit like putting it into a hole. Plus, there were activist of global investors pulling out of coal and fossil fuels, and India’s commitment to cut emissions, why is the government making such a push for coal now? The answer lies in energy demand, but as the factors just mentioned show, coal may not be the right solution to fulfil it. ( Graphics by Abdul Shafiq and Mohammad Arshad)

The latest from ET Prime is now on Telegram. To subscribe to our Telegram newsletter click here.

Gift this story

YOU CAN GIFT 0 MORE STORIES THIS MONTH

Maximum 10 Email IDs allowed

300 characters remaining

Gift Sent Successfully

Limit Reached
Limit Reached

You’ve gifted all the 0 articles from your monthly gift bucket!

Please come back next month.

0 more articles will be waiting for you in your gift bucket.

Current Edition

[[^message]]

Result

[[/message]] [[#message]]

[[message]]

[[/message]]