December 2016 Current Affairs

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World Bank must aid countries to manage shift away from coal

World Bank must aid countries to manage shift away from coal
24 October 2016 Current Affairs: The global development lenders like the World Bank and Asian Development Bank (ABD) must provide help countries including India to shift away from coal for energy purpose.

 It was proposed by the World Coal Association to finance countries to help them to shift from their to more efficient technologies so that they can meet their COP21 commitments.

Coal is backbone of countries energy mix to meet their energy demands. Even if countries push towards renewable energy they are not going to do away with coal in overall energy mix. 

In absence of any funding countries invest in inefficient sub-critical thermal plants, which have much higher CO2 and particulate matter (PM) emissions. Thus, leading to higher emissions.

 The aid global development lenders will facilitate countries to adopt Super critical and ultra-super critical (USC) plants technologies.

Benefits of aid from global development lenders :  Super critical and ultra-super critical (USC) plants technologies have capability to substantially reduce CO2 emissions and virtually eliminate PM emissions.

 It will help countries in reducing their emissions from coal, rather than reducing coal itself and meet target provided in Intended Nationally Determined Contributions (INDCs). Thus some target of Paris agreement on Climate Change about reducing the emissions from coal power plants will be achieved.


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



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