India is so desperate to produce more coal that it will now allow foreign direct investment to help.
India
Indian Electricity Minister: Coal to rule for next 30 years
Indian coal imports up 53% in first half of 2019
A growing population makes for higher demand than Indian mines can produce.
Source: Reuters
China And India Will Watch The West Destroy Itself
“Naïve-thinking, bordering on western suicide, believes China and India will stop using fossil fuels, led by coal… China is currently building hundreds of new, coal-fired power plants. To counter China, India has 589 coal-fired power plants, they are building 446 more, bringing their total to 1,036… Since the US, Russia, China and India have the largest global coal reserves, and each country is vying for geopolitical dominance, they will continue using coal in record amounts. Energy is then a geopolitical weapon. Europe does not understand this fact. Only Trump seems to have gained clarity on this issue, with the US using their newfound shale oil and natural gas power, to their geopolitical and global advantage. ”
India projects 50% coal in 2030
India not even close to meeting Paris climate goals
India’s Thermal Coal Imports Could Rise 10 Percent This Year
“We expect a 10 percent increase in imported coal because of an immediate gap in supply from Coal India and power demand and demand from other sectors.”
Source: VOANews.com