Western Households Sacrificed While Asians Benefit From Coal Splurge
23 hours ago Guest Blogger
By Vijay Jayaraj
In a move opposite the direction of the global climate change agenda, India’s newly elected government has announced contracts for an additional 12,800 megawatts (MW) of thermal power capacity (coal and natural gas).
The announcement stands in stark contrast to India’s previous commitments to transition away from fossil fuels and towards wind and solar. This decision, coming on top of 28,400 MW already under construction, has reignited the debate on the unfair burden levied on Western taxpayers.
India’s energy demand is growing at an unprecedented rate. As the world’s fastest-growing major economy, with a population of over 1.4 billion people, the country’s hunger for power seems insatiable. The International Energy Agency projects that India’s energy demand will double by 2040, growing at 3% per year — three times the global average.
Given these factors, India’s decision to expand its coal-fired power capacity is not surprising. Coal remains the most readily available and economically viable option to meet this massive energy demand in the short to medium term.
https://wattsupwiththat.com/2024/10/15/western-households-sacrificed-while-asians-benefit-from-coal-splurge/
