Climate Change
February 4, 2013
Natural Gas Import in India The demand for energy is ever-growing and the rising price of crude oil has been a cause for global concern. Over […]
January 31, 2013
Subsidy on Fossil Fuels Well it’s a very heated topic about the subsidy given by the countries for the fossil fuel. The subsidy does nothing good […]
January 20, 2013
Coal India Coal India Limited (CIL) is an organized state owned coal mining corporate, which came into being in November 1975, with the government taking over […]
December 9, 2012
Fossil Fuel Fossil fuels have been an oldest source of energy for mankind. Fossil fuels, as its name suggest, were formed from the organic remains of […]
December 7, 2012
Coal – the Biggest Fuel The recent travails of coal companies in the USA due to low natural gas prices has led many people to think […]
November 30, 2012
Indian Media in Coal Scam The massive coal scam which is the latest in the series of billion dollar scams afflicting India in recent times has […]
November 12, 2012
An Introduction to India’s Perform-Achieve and Trade (PAT) mechanism Image Source:http://www.climate-connect.co.uk The National Action Plan on Climate Change (NAPCC), released by the Prime Minister on 30th […]
November 10, 2012
What is Crude Oil Crude oil is a naturally occurring substance found in certain rock formations and below water bodies. Oil is a compound containing carbon […]
November 4, 2012
Use of Natural Gas Massive discoveries of natural gas reserves in shale gas formations has meant that the prices in USA have gone down substantially and […]
November 1, 2012
Indian Coal Shortage leads to Idle Power There are massive power brownouts across India as electricity supply is shut down due to lack of fuel. Note […]
October 29, 2012
The past 5 years have been a riches to rags story for India’s power generation companies. The utilities which competed with each other for the position […]
October 5, 2012
Indian Government unleashed a number of half baked reforms which were pending for a long time but that has not helped the industry all that much. […]
September 3, 2012
Problems of Power Industry in India The problems faced by the electricity companies in India are quite well known and those who did not, the biggest […]
August 14, 2012
State owned Indian companies have trodden over minority shareholder rights for a long time now. Ever since these companies were listed, minority shareholders have been getting […]
August 9, 2012
Greenland The ice sheet in Greenland has been melting to an increasing extent almost every year in the recent past summers giving one of the most […]
July 21, 2012
Natural Gas New technology for drilling Natural Gas in Shale Formations in America has brought a paradigm change in the Energy Market at least in North […]
July 16, 2012
Energy Efficiency Rankings In an unsurprising ranking by International Energy Efficiency Scorecard developed by ACEEE, US and Canada have bottom ranks in Energy Efficiency along with […]
July 13, 2012
While Shale Gas extraction continues unabated in the USA leading to a massive oversupply and a price crash in natural gas, the environmental dangers continue to […]
June 2, 2012
About Short Oil ETFs – Investing in Oil ETF is an easy way to invest in oil without hoarding oil barrels in one’s warehouse. Oil companies […]
May 27, 2012
Oil 3x ETFs are leveraged Exchange Traded Funds designed to seek daily investment results, before fees and expenses, of 300% of the performance of the benchmark […]
May 23, 2012
Saudi Arabia has recently unveiled a new plan to add almost 40 Gigawatts of solar power over the next 20 years investing more than $100 billion. […]
February 25, 2012
India's Solar PowerIndustry is starting to see some M&A with both domestic and foreign companies buying smaller firms. While the biggest M&A story is that of Tata Power acquiring the stake in Tata BP Solar, other firms without any grounding in the energy industry are too getting in. Now a Coal Equipment and EPC company Tecpro is getting into the solar energy business by acquiring a small solar lighting and heating company Eversun.Tecpro Systemsis primarily focused on the Power Sector Space.It is a leader in the ash handling and material handling systems and is currently diversifying into becoming a turnkey provider in this segment.Like other infrastructure players it has seen amazing growth in the last 3 years at around 70%+.The growth has been fantastic both on the topline and the bottomline.The 2300 crore Order book provides some comfort over the next year’s revenues or so.The Power Sector in India particularly the Thermal Power Plants are expected to see an explosive growth period.Steel and Cement sectors are also growing strongly.With Tecpro Systems focusing on these 3 segments,it should be able to maintain a good growth trajectory in the future years as well
February 23, 2012
Critics have claimed that Germany has spent $130 billion in solar subsidies to provide only 0.3% of its electricity. This is a shallow and ignorant argument at its worst. The critics from all over the world cite figures and statistics without going into the deeper implications. Germany has in the last 5 years made solar energy reach the poorest people in the world . The country's subsideis have made large solar companies lower costs and improve technology at a rapid pace to keep up with the lowered subsidies. Solar Panels which were sold for $4/watt in 2008 are solar for 80c/watt now. A truly remarkable story in Energy which has been missed the the fossil fuel funded hacks in media. For the last few centuries man has been trying to harness solar energy at reasonable costs but has failed to make a big impression. Germany in the last 5 years has made a huge and lasting impact as solar energy will go from strenght to strenght ..
February 16, 2012
While there is massive outrage amongst some politicians against the giveaways to support renewable energy, there is very little discussions on the massive subsidies given to the fossil fuel sector. Note globally more than half a trillion dollars is given away to support fossil fuels which is already a mature competitive sector. Green Energy which is a developing industry has got compete with not only the established 100 year infrastructure of fossil fuels but also against these massive $600 billion. However propagandist's and ignorant sections of the media protest against the support given to the cleantech industry.Here is some bad and shallow journalism on German Solar subsidies
February 9, 2012
US Coal Companies are being forced to close coal mines and reduce production because of a massive glut of cheap natural gas and emission standards . Note Coal Disadvantages are much more than that of other fossil fuels making it the dirtiest form of energy. While India and China face massive coal shortages , USA on the other hand faces a glut . Coal has been coming under increasing attact in the West with few new thermal plants being opened and many closed due to tougher pollution standards. Note Clean Coal Technolgies and CCS is being promoted to prolong the use of Coal but they are not getting much traction.
February 1, 2012
In these days of economic crises it has become unsexy to talk about Global Warming and Climate Change which pose a much greater threat to mankind. The Western countries have turned apathetic towards climate change with most like Canada, USA and UK showing shocking attitude towards Global Warming . The reason is that rich countries can throw resources at ameliorating the affects of climate change . The poor countries have little in terms of resources to either slowdown climate change or change the attitude of the richer countries. South Asia and Africa two of the poorest regions in the world will face the worst of the global warming affects. A new study has indicated that India's wheat yield could be halved to 40 million tons a year from the current 80 million tons due to rising temperature. The reason is that wheat yields will come down as temperature goes up by 2 degrees centigrade or more.
January 11, 2012
Europe which has been one of the greenest regions on earth in terms of promoting green energy and reducing carbon emissions is set to face a severe test. Europe is going to impose a Carbon Tax on Airlines flying into the region from 2012 . This has got the other major countries seeing red, with most of them planning retaliation. This Green Tax will add around $3 billion per year in terms of extra fees from airlines or around $6 per extra passenger. While airlines from USA and Canada approached the court, airlines from India and China are refusing to pay the tax outright. Indian airlines won't supply their carbon data while China won't pay the taxes . Note European Union is isolated in this fight against climate change . Though Carbon Trading is not a perfect system and open to abuses, at least it makes a pretense to fight global warming. On the other hand,these other countries have no plan or intention to fight climate change.
January 9, 2012
Coal Stealing and Pilferage by the Coal Mafia has always been done on a massive multi million dollar scale. In the coal rich states of Jharkhand, Bihar, West Bengal and Chattisgarh, Stealing of Coal is a major illegal industry. Everyone knows about it and nothing is done as most officials and politicians get a cut of the illegal gains. Corruption in India is institutionalized as governing bodies remain weak and powerless. Despite India's much touted growth story,all these needling problems have contributed towards the Indian GDP slowing down sharply. Unless governance is improved,its tough to see how India can achieve its potential.
January 4, 2012
Coal India the monopoly producer of Coal in India and responsible for providing almost half of India's Energy Requirement is a very inefficienct organiazation is well know.Corruption and pilferage of massive amounts of coal is a well known fact to all industry participants.In fact stealing of coal is a major livelihood for lakhs of poor Indians in coal belt areas.What is not well known is that Coal India has flouted all norms of environment and conservation.It has not restored sites of open cast and underground mining leading to massive losses for the local environment and citizens.Sand meant to fill up the old mines has been sold in the market for profits.RTI application has shown that this government maharatna has been negligent towards it duties in a huge scale.No wonder there are so many protests for land acquisitions by industry and the government given the degradation and pollution that these companies do.
January 3, 2012
Airline Ticket Prices are set to go up as European Union implements its ETS Scheme on the Airline Industry from 2012.Note EU as a region has been one of the most active players in the climate change arena and has an active carbon emissions market.Though this market has encouraged fraud and profiteering by unscrupolous players making it a good target for the fossil fuel lobby,the principle to fight against global warming is a good one.Compare that to USA,Canada and Japan who have done nothing to fight climate change despite the wealth of these nations.Canada has been guilty of abandoning the Kyoto Plan after missing its previous target.It has faced no penalties as it is not legally enforceable.The country continues down the pollute as much as you can pushing oil extraction from tar sands which is much more dangerous to the environment than normal oil drilling.