Saudi Arabia might face a downturn with falling Oil Saudi Arabia is the world’s largest exporter of oil and gas products and has been so for a long time. The country’s vast cheap reserves of oil has made it one of the richest countries in the world, despite a pathetic human rights record, a despotic […]

Coal Tax in India While India has not given up its right to develop large new electricity power capacities using coal, the government is consistently increasing the cost of this power using a clean cess. The coal tax which started 2 years ago at Rs.100/  ton ($1.5 ton) was first doubled last year to $3/ton. […]

Isn’t IEA’s Fossil Fuel projections too optimistic International Energy Agency (IEA) is the world’s premier source of global energy trends and forecasts. Its predictions and estimates are universally used by policy makers, company CEOs and investors to make plans regarding the future trajectory of energy demand and prices. However the institute has been failing to […]

Exxon, Chevron, BP, Shell, Total and others are being alleged to have suppressed information related to climate change and funding studies and researches, which debunked global warming and climate change. These giant organizations make hundreds of billions of dollars in profits every year through oil and gas sales. Their massive empires would come under threat, […]

Coal India into Solar? Coal India is one of the world’s largest miners of coal, thanks to its position as the monopoly miner in India. The company has decided to jump in to the solar bandwagon and plans to set up 1000 MW of solar power plant capacity in India. The government of India has […]

India presented its budget for 2015-16 in which a number of proposals for propping up the infrastructure sector in India were announced, such as setting up a Rs.20000 crore fund to invest in infra equity. There were also plans to set up 5 more giant thermal power plants with a capacity of 20000 MW. However, […]