Prøve GULL - Gratis
Coal may singe net-zero journey
Business Standard
|October 20, 2025
Indian policymakers are drawing up an updated climate change pledge to be presented to the UN by early November. The world’s watching closely
India’s international climate commitments are tied to its domestic policies, much like other nations’ — so much so that the government has tried to time reforms in the electricity and emission sectors with its periodic pledges on emission reduction initiatives to the United Nations.
But what threatens to muddle a new round of commitments that promise to scrub the country’s skies partly free of pollutants by 2035 is the rebound of coal as a primary fuel of development.
India plans to submit its Nationally Determined Contributions (NDC) to the UNFCCC, the global climate body, by COP 30, the latest edition of the annual climate meeting that is to be held in Brazil next month, a senior government official said. The NDC, a document containing emission reduction targets and action plans — will cover the five-year period ending 2035, after the current NDC expires in 2030.
‘New Delhi has made repeated stabs at reforming the power sector, the country’s biggest contributor to greenhouse gas emissions, and on carbon trading mechanisms, both in 2022, when India submitted its first NDC under the Paris Accord, an international climate treaty, and this year prior to the second NDC. Power sector reforms have faced a push-back but the country is ready to launch a Carbon Credit Trading Scheme next year.
“The upcoming Indian Carbon Market is expected to accelerate decarbonisation for the Indian industries and other relevant sectors,” said Pallavi Das and Vaibhav Chaturvedi from Council On Energy, Environment and Water (CEEW), a New Delhi-based leading global climate think tank.
But, unlike in the previous climate round, coal threatens to cloud the prospects of India’s new NDC. In 2022, the country’s new draft power generation plan proposed to add an “additional coal-based capacity of up to 28 Gw by the financial year 2032.” Current plans foresee boosting coal additions to well over 80 Gw.
Denne historien er fra October 20, 2025-utgaven av Business Standard.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Business Standard
Business Standard
‘Investor awareness becomes more important than ever’
Ananth Narayan G describes his three-year tenure as whole-time member of the Securities and Exchange Board of India (Sebi) as a privilege that allowed him to make an impact on a larger canvas.
3 mins
November 01, 2025
Business Standard
New currency of hard power
If China is an exporting superpower, America is an importing one. Mr Trump has turned what would usually be a liability into an asset
5 mins
November 01, 2025
Business Standard
Apple's India revenue hits new high in Sep qtr
Apple set an all-time revenue record in India for the September quarter, driven by strong iPhone sales, as the American technology giant’s overall sales revenue reached $102.5 billion globally.
1 mins
November 01, 2025
Business Standard
USFDA's new biosimilar norms to woo more players, fast-track mkt entry
The US Food and Drug Administration’s (USEDA)'s new draft guidelines aimed at speeding up and reducing the cost of developing biosimilars — lower-priced, near-replicas of complex biologic medicines — could significantly benefit Indian biotech companies.
2 mins
November 01, 2025
Business Standard
Apple revenue tops $100 bn for first time
iPhone price hike drives record quarter
1 mins
November 01, 2025
Business Standard
Broking industry sees high growth on digital push
The Indian broking industry is passing through a lean patch after two years of rapid growth and expansion.
3 mins
November 01, 2025
Business Standard
Al-related stocks have more room to grow'
Artificial intelligence (AI)-related stocks have more room to grow, said Mark Matthews, managing director (MD) and head of research for Asia at Julius Baer during lunch on the sidelines of the Business Standard BFSI Insight Summit 2025 on Friday.
1 mins
November 01, 2025
Business Standard
'Al unlikely to replace humans in fin services'
Artificial intelligence, or AI, has had an influence in the way we invest in stocks. While it helps you narrow the list of opportunities, it has not reached a point where it can replace wealth managers, points out Shankar Sharma, founder, GQuants, in a fireside chat with A K Bhattacharya. Edited excerpts:
4 mins
November 01, 2025
Business Standard
Vedanta net profit plunges 59% on exceptional losses
Mining major Vedanta’s consolidated net profit plunged 58.69 per cent year-on-year (Y-0-Y) to %1,798 crore inthe second quarter of 2025-26 (Q2FY26), dragged down by exceptional losses booked during the period under review. The company had reported anet exceptional gain of $1,160 crore in Q2FY25.
2 mins
November 01, 2025
Business Standard
Sebi chief stresses responsible tech use, stronger market resilience
The Securities and Exchange Board of India (Sebi) is promoting the responsible use of emerging technologies, such as artificial intelligence in financial markets, strengthening cybersecurity, and preparing entities for change, said Chairman Tuhin Kanta Pandey on Friday.
1 mins
November 01, 2025
Listen
Translate
Change font size

