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Coal to Continue as Major & Affordable Source of Energy – EQ Mag

Coal to Continue as Major & Affordable Source of Energy – EQ Mag

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Through Panchamrit Declaration during COP26, India has set timeline for attaining non-fossil energy capacity of 500 GW by 2030 and also to meet 50% of its energy requirement from renewable energy by 2030. In line with ‘Glasgow Climate Pact’, while India has committed to clean energy; the pace of transition to cleaner energy sources in India is to be viewed in the light of national circumstances, and principle of common but differentiated responsibilities and respective capabilities, the transfer of climate finance and low cost climate technologies.

Being an affordable source of energy with substantial reserve, coal is going to stay as a major source of energy in the foreseeable future. Thus, as of now there is no scenario of transition away from coal affecting the workers involved in coal mining.

This information was given by Union Minister of Coal, Mines and Parliamentary Affairs Shri Pralhad Joshi in a written reply in Rajya Sabha today.

Anand Gupta Editor - EQ Int'l Media Network