India’s climate dilemma will hang over Modi’s next five years
Narendra Modi has cast himself as climate champion but coal still accounts for roughly three-quarters of output in India and its use continues to rise.
Beijing should control mining activity, limit output and consolidate smaller producers into state-owned firms to “reduce disorderly competition,” Shanxi Coking Coal Energy Group Chairman Zhao Jianze said.
A Wood Mackenzie report shows that the cost of electricity generated from renewable sources reached an all-time low in 2023 in the Asia-Pacific region.
The changes led by CEO Mike Henry will see several specialist teams disbanded and their functions reassigned in a bid to cut costs and simplify operations.