This report summarizes the findings of a review aimed at understanding emerging approaches to energy subsidy reform, discerning trends, and identifying major strands of thinking and research in the field, as reflected in major policy and academic journals relevant to the subject. The review was initiated in early 2020 as …
The farmers are in trouble because the glut means that the value of the crop has gone down It took the tragic death of six farmers in Madhya Pradesh for the national media to report on the deep-rooted agricultural crisis. The farmers who were killed in police firing during protests …
The state government on Thursday outlined vast scope for opening of solar energy generation plants in Bihar and rolled out slew of incentives that would be given to promoters as enunciated in its 'Policy for Promotion of Bihar New and Renewable Energy Sources (PPBNRES), 2017'. Addressing a national symposium on …
Farmers will get short-term debt at 4% interest; govt to bear Rs 20,339-cr expenditure The Union Cabinet on Wednesday cleared interest subvention on short-term crop loans for the current financial year. This will enable farmers to get loans for interest as low as 4%. For this, the exchequer’s expenditure will …
Nashik: Noted economist H M Desarda expressed full support to the ongoing farmers' agitation, saying that the demand for complete loan waver is justified. Desarda, a former member of the Maharashtra State Planning Commission, is in the city to attend a meeting of the central committee of farmers to be …
Renewable energy capacity around the world was boosted by a record amount in 2016 and delivered at a markedly lower cost, according to new global data – although the total financial investment in renewables actually fell. The greater “bang-for-buck” resulted from plummeting prices for solar and wind power and led …
As the international community focuses this week on preserving the health of global oceans and seas, the United Nations agencies on agriculture, environment and trade are committing to the sustainable trade of fisheries. The agencies 8211 the UN Food and Agricultural Organization (FAO), the UN Environment Programme (UNEP) and the …
Egypt has set a total subsidy bill of 330 billion Egyptian pounds ($18.23 billion) in its budget for the 2017-18 fiscal year beginning in July, Prime Minister Sherif Ismail said on Monday. The amount covers fuel subsidies, which will cost 145 billion pounds ($8 billion) and 80 billion pounds for …
Reducing poverty and inequality continues to be an important national priority in Namibia. Vision 2030 – the country’s guiding development strategy – has a subordinate vision that points to several goals: “Poverty is reduced to the minimum, the existing pattern of income-distribution is equitable and disparity is at the minimum.” …
The purpose of this Commission is to explore explicit carbon-pricing options and levels that would induce the change in behaviors—particularly in those driving the investments in infrastructure, technology, and equipment—needed to deliver on the temperature objective of the Paris Agreement, in a way that fosters economic growth and development, as …
Swiss voters have backed government plans to replace the power from ageing nuclear reactors with renewable energy. A total of 58.2 per cent of voters supported the phaseout of nuclear energy in a binding referendum on Sunday. Under the Swiss system of direct democracy, voters have the final say on …
New coalmines will leave more people in poverty, Oxfam has said in a new report, calling on Australia to commit to no new coalmines and to end public subsidies for coalmining. The report comes as the Queensland and federal governments continue to push for the controversial Adani coalmine in the …
Swiss voters backed the government's plan to provide billions of dollars in subsidies for renewable energy, ban new nuclear plants and help bail out struggling utilities in a binding referendum on Sunday. Provisional final figures showed support at 58.2 percent under the Swiss system of direct democracy, which gives voters …
NAIROBI (Xinhua) -- The Kenyan government has moved to cushion citizens from high maize prices by introducing subsidized flour that will retail at 60 percent less than the current market price. The ministry of agriculture announced that starting Wednesday a 2kg packet of maize flour, East African nation’s staple, will …
In another setback for power plants languishing without long-term buyers, the Yogi Adityanath-led Uttar Pradesh government has cancelled the bids conducted in 2016 to procure 3,800 MW of power from independent power producers. In another setback for power plants languishing without long-term buyers, the Yogi Adityanath-led Uttar Pradesh government has …
The coal sector benefits from £356m a year in subsidies in the UK, despite the Government’s pledge to phase out use of the highly polluting fossil fuel, a report suggests. The multimillion-pound support is part of £5.3bn (€6.3bn) given to the coal industry every year by 10 European countries, which …
India is one of the most dynamic and vibrant markets in the world for renewable energy. This key emerging market, home to 16% of the global population in 2017, is poised for some of the fastest energy demand growth over the coming decades. Development of renewables is happening on many …
In November 2015, the leaders of Asia-Pacific Economic Co-operation (APEC) economies, reaffirmed their landmark 2009 commitment to “rationalize and phase out over the medium term inefficient fossil fuel subsidies that encourage wasteful consumption while recognizing the importance of providing those in need with essential energy services”. Reforming fossil fuel subsidies …
NAGPUR: Change in norms by Maharashtra Energy Development Agency (MEDA) has deprived over 300 solar power consumers of central government subsidy. Solar consumers have demanded that MEDA and state energy ministry should take a sympathetic view of their cases and sanction the subsidy. A solar power consumer, on the condition …
Firms assured of full benefit on any losses from change in domestic policy like amended coal distribution norms Tuesday’s Supreme Court order on compensatory tariffs has removed the uncertainty over whether a change in government policy like the New Coal Distribution Policy (NCDP) will constitute a “change in law” (CL) …
As the cost of clean technology continues to fall, the world added record levels of renewable energy capacity in 2016, at an investment level 23 per cent lower than the previous year, according to new research published by UN Environment, the Frankfurt School-UNEP Collaborating Centre, and Bloomberg New Energy Finance. …
