Coal news and updates

Three days before India’s environment minister boarded a flight to Egypt for this year’s UN climate summit, Cop27, the country’s finance minister was busy with a new announcement.

“India needs greater investment in coal production,” said Nirmala Sitharaman at the Delhi launch of India’s biggest ever coalmine auction, where 141 new sites for coalmines will be sold off to the highest bidder.

At a time when the world’s future hinges on a dramatic global reduction of carbon dioxide emissions and global leaders are gathered in Sharm el-Sheikh to try to limit the impact of the climate crisis – with decarbonisation on the agenda – the Indian government is continuing on its biggest ever push for domestic coal production, even toying with the idea of producing so much it could become a future coal exporter.