NAGPUR: After a series of interest rate hikes, power tariff hike, petrol price increase and rising inflation, it may now be the turn of coal. And dearer coal may again fuel another round of price hike in everything from power to cement to steel.
Coal India wage hike may make coal dearer

Recent concerns over weakening US and Chinese growth coupled with European instability have seen coal company share prices at their lowest levels since the 2008 crash. Despite these lows, coal mining production levels and expansion investments remain robust on the back of continued emerging market growth. That is, providing wealth inequality doesn’t change things.

Global coal mining production growing despite volatility – Report

PUNE: The city Congress has demanded that the Pune Municipal Corporation (PMC) should incorporate ‘green energy’ condition in the Development Control (DC) rules.

Speaking to reporters on Tuesday Aba Bagul, leader of the Congress in the PMC, said that every year the PMC building department issues permission to more than 1.50 crore sq ft construction and the ‘green energy’ could help cater to the need of growing electricity demand.

Include ‘Green energy’ in DC rules: Congress

Nov. 9: The Centre has granted environment clearance to the Lavasa township, a Sharad Pawar-blessed project that became a test case for the UPA’s ally management skills.

The Union environment ministry, which had stalled the Rs 3,000-crore project a year ago when Jairam Ramesh held the portfolio, has imposed 54 conditions on the township.

 Green light for Pawar pet project

The world is likely to build so many new fossil-fuelled power stations, energy-guzzling factories and inefficient buildings in the next five years that it will become impossible to hold global warming to safe levels, and the last chance of combating dangerous climate change will be “lost for
ever”, according to the most thorough analysis yet of world energy infrastructure.

Anything built from now on that produces carbon will continue to do so for decades to come, and this “lock-in” effect will be the single factor most likely to produce irreversible climate change, the world’s foremost authority on energy economics has found. If this infrastructure is not rapidly changed within the next five years, the results are likely to be disastrous.

Climate change irreversible in 5 years, says IEA

Norway-based vertically-integrated player in the solar energy industry Renewable Energy Corporation (REC) today said it was unlikely to set up its manufacturing presence in India in the short-term as the government policy doesn’t give an equal footing to all but favours local manufacturers.

REC averse to manufacturing presence in India

New Delhi: India may raise with Australia and Indonesia the issue of policy changes that has made coal imports expensive for Indian companies that own mines in the two countries.

India likely to raise coal tax issue with Australia, Indonesia

“That average rates of environmental change in the oceans and on land are similar is not such a surprise, but averages deceive” cautions Henry Gholz, program director in the Division of Environmental Biology, National Science Foundation (NSF), which funded the research.

Mankind Needs Far Greater Adaptation To Global Warming

CHANDIGARH: A day after the first semester students foiled administration’s attempt to axe trees at Chandigarh College of Architecture (CCA), UT remained adamant on its part on Tuesday with no official visiting the site for re-inspection, as promised.

Administration disappoints ‘green eyed’ students

VISAKHAPATNAM: Plans are afoot to turn the ‘City of Destiny’ into a ‘Green Visakha’, with the authorities all set to take up a massive plantation drive in and around the port city in the next five years, to check the rising pollution level

Plans afoot to turn Vizag city green