07 Mar 2012:
India’s Tata Group
To Favor Green Energy Over Coal Plants
The power unit of the India-based Tata Group conglomerate has said it will favor solar and wind projects over coal-fired plants
in future global energy investments, citing the increasing difficulty of developing coal projects. In an interview with Bloomberg News
, Tata Power Executive Director S. Padmanabhan said coal shortages in India have limited production at coal-fired plants and environmental hurdles have made it “impossible” to pursue coal plants in the U.S. and Europe with any long-term certainty. “Why would anyone want to invest at this stage in a coal project?” he said. “Investment has stopped.” Investment in renewable plants, he said, make more sense because the investment is smaller, plants are built faster, and costs are more uniform. The Tata Group, which accounts for nearly 5 percent of India’s gross domestic product, this week made its first bid for overseas wind and solar farms in South Africa.
Yale Environment 360 is
a publication of the
Yale School of Forestry
& Environmental Studies
Yale Environment 360
articles are now available in Spanish and Portuguese on Universia
, the online educational network. Visit the site.
Business & Innovation
Policy & Politics
Pollution & Health
Science & Technology
Antarctica and the Arctic
Central & South America
A look at how acidifying oceans could threaten the Dungeness crab, one of the most valuable fisheries on the U.S. West Coast. Watch the video.
is now available for mobile devices at e360.yale.edu/mobile
An aerial view of why Europe’s per capita carbon emissions are less than 50 percent of those in the U.S. View the photos.
An indigenous tribe’s deadly fight to save its ancestral land in the Amazon rainforest from logging. Learn more.
video series looks at the staggering amount of food wasted in the U.S. – a problem with major human and environmental costs. Watch the video.
Residents of the Chocó Rainforest in Ecuador are choosing to plant cacao over logging in an effort to slow deforestation.
Watch the video.
Tribal people and ranchers join together to stop a project that would haul coal across their Montana land. Watch the video.