With Donald Trump pulling the U.S. out of the the Paris climate accord, China and India will have to shoulder the burden of keeping a lid on global warming. But even if the two most-populous nations are willing to take up the mantle, their ability to pull it off is uncertain.
India’s solar industry offers a case study. Thanks to a dramatic decline in prices of Chinese-made solar panels in the past several years, burning coal is now almost 59 percent more expensive than harvesting the sun’s energy. Read More…
Credit By: Bloomberg
Latest posts by Bloomberg (see all)
- GAIL Delivered Setback In Bid To Renegotiate Gazprom LNG Deal – November 28, 2017
- Big Oil Bosses Are Learning To Live With $50 Crude – July 27, 2017
- Oil Majors See Salvation In Gas, But What If It’s A Wrong Bet? – July 19, 2017