India’s plan to double its coal-based steel capacity by 2030 may derail global climate targets. A new report urges India to shift toward green steel to avoid rising emissions and trade penalties.
Earlier this week, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved key revisions to the SHAKTI Policy.
The IEA predicts global coal demand to hit a record 877 crore tonnes in 2024, up 1%. Rising electricity needs in China and India drive demand, while renewables slow growth in developed nations.
The latest Global Energy Monitor report reveals a worrying trend: global coal-fired steelmaking capacity is increasing rather than decreasing, despite the urgent need for decarbonisation.
We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. By clicking "Accept All", you consent to our use of cookies in line with EU regulations.