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From incentives to adoption: A decadal review of India’s EV subsidy effectiveness
India has committed to reducing its GDP emissions intensity by 45% by 2030 and achieving net zero by 2070, with the transportation sector being critical for decarbonization as it accounts for approximately 14% of the country’s energy sector carbon dioxide emissions. To drive this transformation, India has implemented comprehensive electric vehicle (EV) policies including purchase […]
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Billions in oil and gas investments undermine Macquarie Group’s climate commitment
The report examines how Macquarie Group’s nearly A$5 billion investments in oil and gas companies contradict its commitment to net zero emissions by 2050 and the 1.5°C global warming goal. Despite being a Net Zero Banking Alliance (NZBA) signatory since October 2021, Macquarie has made significant investments in companies with aggressive expansion plans, including a […]
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Report of the Expert Group on 175 GW Renewable Electricity (RE) by 2022
This report, commissioned by NITI Aayog’s Expert Group, explores the financial, policy, and regulatory measures required to achieve India’s ambitious target of 175 GW renewable energy (RE) capacity by 2022, focusing on scaling up solar, wind, small hydro, and bioenergy. It identifies challenges such as financing, grid integration, and managing RE variability, and outlines potential […]