Fossil Fuels

India aims to achieve 50% non-fossil fuel installed capacity by 2030, according to Prime Minister Narendra Modi's address to G20 Energy Ministers. India has already surpassed its non-fossil installed electric capacity target, achieving milestones like connecting households with LPG and providing electricity to every village. The nation launched extensive LED distribution and agricultural pump solarization programs. It aspires to become a global hub for green hydrogen production and emphasized sustainable energy transition. Modi also highlighted the importance of low-cost finance for developing countries and proposed transnational grid interconnections for energy security. He introduced Mission Life to make individuals climate champions for a greener future.

Electricity from sunlight costs less to generate in India than from coal, a sign the clean-energy source will play a big role as developing nations build out their power grids

The projects, which will be spread across Gujarat, Rajasthan, are part of efforts to expand India’s renewable capacity and reduce the share of fossil fuels in its energy mixPM Modi has pledged to cut the emissions intensity of India’s GDP by a third by 2030 from 2005 levels to fight climate change

We need to shift to a model that allows us to store energy if we are to cut our dependence on fossil fuels

A successful transition to a low-carbon economy depends on effective implementation of larger structural reforms

Some nations just want cheap fixesthough the healthier choices keep getting cheaper

Electric vehicles and renewables are just tools to help customers run away from fossil fuels more quickly

Standard Chartered said it will stop financing new coal power plants across globe as part of its commitment to support Paris Agreement on climate change

The proposed scheme will help reduce import of fossil fuels and generate fresh demand for electricity

A UK study found that G7 nations, led by France, Germany, Canada and the UK, spent at least $100 billion a year to support fossil fuels at home and abroad in 2015 and 2016