Berliner Boersenzeitung - India under fresh scrutiny as UN panel calls for shunning coal

EUR -
AED 4.343054
AFN 77.464136
ALL 96.578481
AMD 443.001294
ANG 2.116924
AOA 1084.432259
ARS 1696.425045
AUD 1.722632
AWG 2.13043
AZN 2.015092
BAM 1.955364
BBD 2.363473
BDT 143.548016
BGN 1.986001
BHD 0.442401
BIF 3475.425631
BMD 1.182587
BND 1.500966
BOB 8.109193
BRL 6.256361
BSD 1.173439
BTN 107.717999
BWP 16.277373
BYN 3.32206
BYR 23178.695489
BZD 2.360074
CAD 1.622687
CDF 2578.039008
CHF 0.922409
CLF 0.026073
CLP 1029.489324
CNY 8.24689
CNH 8.21806
COP 4228.657801
CRC 580.770597
CUC 1.182587
CUP 31.338542
CVE 110.240437
CZK 24.267271
DJF 208.973438
DKK 7.466899
DOP 73.933527
DZD 153.154875
EGP 55.703589
ERN 17.738798
ETB 182.791072
FJD 2.661179
FKP 0.870315
GBP 0.866681
GEL 3.18162
GGP 0.870315
GHS 12.79115
GIP 0.870315
GMD 86.329235
GNF 10278.709772
GTQ 9.006993
GYD 245.515296
HKD 9.221278
HNL 30.954103
HRK 7.533317
HTG 153.905708
HUF 382.153287
IDR 19840.785951
ILS 3.707232
IMP 0.870315
INR 108.316693
IQD 1537.357457
IRR 49816.456691
ISK 145.777895
JEP 0.870315
JMD 184.718842
JOD 0.838501
JPY 184.146504
KES 151.256298
KGS 103.416722
KHR 4722.947667
KMF 496.686746
KPW 1064.353704
KRW 1710.387141
KWD 0.362349
KYD 0.977982
KZT 590.738376
LAK 25359.349612
LBP 105085.885516
LKR 363.548997
LRD 217.091629
LSL 18.94048
LTL 3.491871
LVL 0.715335
LYD 7.466336
MAD 10.748905
MDL 19.97255
MGA 5308.817127
MKD 61.616271
MMK 2483.187819
MNT 4218.830116
MOP 9.4253
MRU 46.916546
MUR 54.292994
MVR 18.271409
MWK 2034.84661
MXN 20.533372
MYR 4.736855
MZN 75.57955
NAD 18.94048
NGN 1680.526824
NIO 43.180379
NOK 11.555294
NPR 172.348599
NZD 1.987207
OMR 0.454249
PAB 1.173539
PEN 3.936823
PGK 5.018882
PHP 69.733624
PKR 328.342141
PLN 4.208885
PYG 7847.251532
QAR 4.278347
RON 5.101724
RSD 117.373848
RUB 89.207823
RWF 1711.518652
SAR 4.433442
SBD 9.606873
SCR 16.856244
SDG 711.330129
SEK 10.584272
SGD 1.505082
SHP 0.887246
SLE 28.859447
SLL 24798.24684
SOS 669.450838
SRD 45.081425
STD 24477.153012
STN 24.494542
SVC 10.267712
SYP 13078.904017
SZL 18.935781
THB 36.920787
TJS 10.972155
TMT 4.139053
TND 3.416239
TOP 2.847384
TRY 51.246799
TTD 7.971224
TWD 37.116428
TZS 3004.130641
UAH 50.599026
UGX 4148.075755
USD 1.182587
UYU 44.440098
UZS 14242.826515
VES 416.584326
VND 31036.982812
VUV 141.661813
WST 3.258757
XAF 655.810877
XAG 0.011483
XAU 0.000237
XCD 3.196
XCG 2.114929
XDR 0.815618
XOF 655.810877
XPF 119.331742
YER 281.814608
ZAR 19.0597
ZMK 10644.701884
ZMW 23.02187
ZWL 380.792372
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    -0.8100

    83.23

    -0.97%

  • CMSD

    0.0900

    24.13

    +0.37%

  • BCC

    -1.1800

    84.33

    -1.4%

  • GSK

    0.5000

    49.15

    +1.02%

  • RYCEF

    0.3000

    17.12

    +1.75%

  • NGG

    1.3200

    81.5

    +1.62%

  • BTI

    0.9400

    59.16

    +1.59%

  • BCE

    0.4900

    25.2

    +1.94%

  • RELX

    0.0600

    39.9

    +0.15%

  • RIO

    3.1300

    90.43

    +3.46%

  • CMSC

    0.1000

    23.75

    +0.42%

  • JRI

    0.0100

    13.68

    +0.07%

  • VOD

    0.2300

    14.17

    +1.62%

  • BP

    1.1000

    36.53

    +3.01%

  • AZN

    1.2600

    92.95

    +1.36%

India under fresh scrutiny as UN panel calls for shunning coal
India under fresh scrutiny as UN panel calls for shunning coal

India under fresh scrutiny as UN panel calls for shunning coal

The mounds of jet-black coal shimmering under the afternoon sun at the Dadri power plant are a raw illustration of India's coal dependence -- a habit that despite increasing pressure, the country is finding hard to kick.

Text size:

Coal is vital for providing electricity to India's 1.4 billion citizens, making up 70 percent of the country's energy needs.

That reliance is in the spotlight after a warning by UN experts this week that to ensure a "liveable future", countries must move to greener energy sources much faster to reduce emissions.

Coal-based plants like the sprawling Dadri facility are attempting to make themselves cleaner, but their efforts are mostly in their infancy, and pale in comparison to their overall emission rate.

Prime Minister Narendra Modi has set ambitious goals for renewable energy development, aiming to increase non-fossil energy capacity to over double the current coal capacity by 2030.

But Harjeet Singh of the Fossil Fuel Non-proliferation Treaty Initiative said that while the cost of renewable energy has come down by up to 90 percent in the last decade, India still requires hundreds of billions of dollars upfront to make the transition.

"That kind of international support in terms of investments or concessional loans or grants is not coming through," he said.

Experts say coal will remain the dominant fuel in India for a long time to come, with its energy needs over the next 20 years set to rise faster than any other country in the world.

- Crossroads -

The UN report, released Monday, said current policies are leading the planet towards catastrophic temperature rises and that the world was at a "crossroads".

If the world's current oil, gas and coal infrastructure operate for their designed lifetime -- without technology to capture and store carbon -- capping global warming at the target of 1.5 degrees Celsius will be impossible, it said.

India, which with China reportedly led opposition to a commitment to "phase out" coal at the COP26 summit last year, currently has about 211 gigawatts of operational coal capacity, according to the Central Electricity Authority, with another 55GW under various phases of construction.

None of India's power stations yet has the technology the UN report mentions as a mitigation option.

"Carbon-trapping technology is being used on an experimental basis at one of our plants," said B. Srinivasa Rao, chief general manager of the Dadri plant. "If it is successful it will be done at all the plants."

With six coal-fired units supplying megacity Delhi and elsewhere, the plant -- run by India's biggest power producer, the National Thermal Power Corporation (NTPC) -- is spread across some 3,000 acres (1,200 hectares) in the northern state of Uttar Pradesh.

It has taken some steps to reduce emissions, including burning pellets made from agricultural waste along with coal.

Like several other NTPC units, it has installed a solar thermal power plant with and output of 5 megawatts -- though the plant as a whole generates 2500 MW.

Rao said the plant has also achieved 100 percent recycling of fly ash, a main byproduct of burning coal, and implemented a zero liquid discharge system.

But locals living in the vicinity complained about coal dust spilling from trucks and affecting their health.

"It burns our eyes and hurts our lungs," said Rinku Rana, who runs a confectionery shop close by.

"But if the plant closes down we will be robbed of our livelihoods. So in a way it's a necessary evil that we have to live with," 29-year-old Rana said, wiping off a thick layer of ash-grey dust that had settled on biscuit and sweet packets at his shop.

- Climate equity -

Singh, the environmental campaigner, said India cannot continue to rely on fossil fuels, especially in view of severe air pollution.

At the same time, it needs cheap fuel to power its economy and help millions out of poverty.

Levies on coal are an important source of employment and government revenue, especially for states like Jharkhand and Odisha, among the poorest in the country.

Modi has said India will cut its emissions to net-zero only by 2070 -- missing a key goal of the COP26 summit for countries to commit to doing so by 2050.

The government argues that although the country is the world's third-largest emitter in total, its per capita emissions are far lower than the American average.

Singh said New Delhi was "well within its right" to talk about equity and climate justice.

"The current climate crisis is not because of India's industrialisation. It's because of the Western industrialisation that has happened over the last 150 years," he told AFP.

"Rich countries need to reduce their emissions far more earlier than what they have planned right now... and at the same time provide support to developing countries to move away from fossil fuels."

(Y.Berger--BBZ)