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Coal To Be Hardest Hit By Fossil Fuel Divestment Campaign

Much has been written in recent months about carbon-stranded assets – investments in fossil fuel projects that may turn out to be worth far less than investors or companies currently think they will because of measures to cut carbon emissions such as emissions trading schemes and regulation.

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All Coal-Mining Rights Issued in India since 1993 Ruled Illegal

NEW DELHI—India's Supreme Court ruled that all coal-mining licenses distributed since 1993 are illegal, creating uncertainty about where Indian power plants and steelmakers will get the coal they need and complicating the new government's efforts to improve the country's business environment.

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India must choose to be champion or villain for climate and development

Sabka saath, sabka vikas: development for everyone. That was the campaign slogan of India's new prime minister Narendra Modi during the recent elections.In about two months, Modi will join other business and political leaders in New York to pledge what they will do to battle climate change. India is a climate lynchpin, as it has historically argued that southern countries cannot take action on climate change because they need to develop first. But countries like India can – and should – develop and tackle climate change at the same time.

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