December, 2018 | Peak Oil India | Exploring The Coming Energy Crisis And The Way Forward

Archive for the month “December, 2018”

India’s Energy Crisis

Can India modernize its manufacturing economy and supply electricity to its growing population without relying heavily on coal—and quite possibly destroying the global climate?

India_2x1128

Richard Martin, Technology Review

An old man wakes on the floor of a hut in a village in southern India. He is wrapped in a thin cotton blanket. Beside him, music wails softly on a transistor radio. A small wood fire smolders on the floor, filling the space with a light haze; above it,the bamboo timbers of the hut’s roof are charred to a glossy black.

The man’s name is Mallaiah Tokala, and he is the headman of Appapur village, in the Amrabad Tiger Reserve in Telangana state. On his forehead he wears the vibhuti, the sacred daub of white ash. He is uncertain of his exact age, but he is well into his 10th decade. He has lived in this village his whole life, a period that encompasses the tumultuous 20th-century history of India: the rise of Gandhi, the Salt March, the end of the Raj and the coming of independence, Partition and the bloodshed that followed, the assassination of Rajiv Gandhi and the dawning of a new era of sectarian violence and terrorism. And now he has lived long enough to witness the coming of electricity to Appapur, in the form of solar-powered lights and TVs and radios. Read more…

Special: Institutions are pulling out investments worth billions from fossil fuels

mit-a
What is fossil fuel divestment?
Divestment is the opposite of investment – it is the removal of your investment capital from stocks, bonds or funds. The global movement for fossil fuel divestment (sometimes also called disinvestment) is asking institutions to move their money out of oil, coal and gas companies for both moral and financial reasons. These institutions include universities, religious institutions, pension funds, local authorities and charitable foundations.

It is the fastest-growing divestment campaign in history and could cause significant damage to coal, gas and oil companies, according to a study by Oxford University. Previous divestment campaigns have targeted the tobacco and gambling industries and companies funding the violence in Darfur. Divestment is perhaps most well known for its role in the fight against apartheid in South Africa. Read more…

Post Navigation