Policy & Regulation
India has an ambitious target of 175GW of variable renewable energy by 2022. renewable energy resources are abundant in India, but not evenly spread. transmission is a major hurdle and is materially slowing the adoption of renewable energy. An additional 1.1 lakh (110,00) circuit kilometres are required by financial year 2021/22 to manage the annual peak load demand of 225.7GW. The Central Electricity Authoritys National Electricity Plan highlights the urgent need for more transmission lines. Adani Transmission Ltd shares since their initial public offering in 2015 shows how the right regulatory and policy framework can help drive capital in support of India must begin planning to develop its transmission infrastructure at an even faster pace. It is important for India and provides a globally relevant model for other countries driving towards a lower cost, more sustainable domestic electricity generation system, says IEEFA. But time is running out. It is an important goal for India, says it provides a global example of the transmission infrastructure.
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The European Green Deal Investment Plan is designed to attract at least one trillion euros of public and private investment over the next decade. Turning the EU into a climate neutral economy by 2050 will require massive investment in clean energy technologies. Only achieving an interim greenhouse.
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Microsoft executives announced plans today for the company to become carbon negative by 2030 and then by 2050 to remove all the carbon from the environment that Microsoft has emitted directly or through electrical consumption since it was founded in 1975. The compny hs been working for months on .
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Larry Fink, CEO of money management firm BlackRock, announced the company would prioritize the climate crisis in deciding on investments and strategies going forward. The new direction for BlackRock is the result of a hard-fought effort by a group of dedicated activists.
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Chinas coal fleet is over capacity; most plants only operating at about 50% of capacity. Health and air pollution costs could grow substantially by 2030 if coal plants continue to operate at current rates. China is the world leader on clean energy.
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