On thermal plants, take meaningful steps
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India, April 12 -- An analysis by the New Delhi-based think-tank, Centre for Science and Environment, suggests that the new thermal power plant norms issued by the Centre on March 31, which gives an extension of one to three years to plants to comply, could jeopardise India's emission reduction goals, crucial in the effort to tackle the climate crisis. The penalty charged to companies for not complying with the extended deadline is lower than the cost of complying with the rules, which are meant to reduce emissions. While the government claims that the penalty has to borne by the plant and charges associated with the equipment to meet norms can be passed on to the consumers, experts argue the discrepancy skews incentives and undermines th...
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