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India will not rush to ease its dependence on coal

Content type:: Expert Briefings
Location:: INDIA
Keywords associated with this article:: Geographic: India AP Australia China Europe Indonesia North America South Africa United Kingdom

Topical: economy industry international relations politics climate coal consumer electricity employment energy finance government prices renewable energy technology fiscal private sector public sector foreign trade mining natural resources
ISSN:: 2633-304X
Citation:: Oxford Analytica (2024), "India will not rush to ease its dependence on coal", Expert Briefings.
https://doi.org/10.1108/OXAN-DB289778

Friday, September 20, 2024

Significance

India exceeded the combined coal consumption of Europe and North America in 2023, when coal accounted for around 75% of its electricity generation. Delhi projects that figure to fall to 55% by 2030.

Impacts

Government officials will continue to reject external criticism of India’s coal embrace.
Delhi will step up cooperation over clean energy with key partners, including through initiatives such as the Global Biofuels Alliance.
India will keep encouraging increased climate finance for developing countries.

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