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World Energy Investment 2019

WORLD ENERGY INVESTMENT 2019   For: Preliminary & Mains Topic covers: IEA report, India’s achievement   News Flash Energy investment has risen most rapidly in India in three years till 2018, up 12% to around $85 billion, the International Energy Agency (IEA) said in its latest report. While global energy investment stabilised at near $1.85 trillion in 2018 after three years of decline. The US and India were the only two countries where investment in…

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30, March 2019

Carbon emissions in India   News Flash The International Energy Agency found that India’s carbon emissions grew by 4.8% during 2018, in spite of the national focus on climate change in energy policy.   Historical Responsibility of the developed nations There is wide recognition of the fact that Indians are not historically responsible for the problem, but the stock of carbon dioxide linked to extreme climate impacts was created by the Nations like USA. For…

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