Nov 07:
The fact that fresh coal-based capacity creation has to be halted is now a foregone conclusion given the compulsions of climate change. 8A study has shown that the estimated damage to society from air pollution reveals an implicit global subsidy to coal of US$ 2,400 billion in 2015, or US$ 3,100 billion (half of total implicit to all fossil fuels) 8Clearly, this is unsustainable 8Yet a transition away from coal-based power is not possible without widespread pain. 8So how can the transition be made in the smoothest possible way? 8The website carries here a lot of detailed data and analysis on how to handle this change -- both on the policy front and at the level of power companies -- in the best possible way. Click on Reports for more