"Many importing countries are shifting away from expensive and imported gas and towards cheaper, more reliable renewables," says IISD's Steven Haig. "This means that when it comes to the economic benefits of LNG, Canada is late to the party, and that party is almost over."
Chhattisgarh's energy sector received over INR 16,672 crore in government support in fiscal year 2024, with fossil fuel subsidies outweighing clean energy support four times. Clear net-zero targets can help government revenues shift from fossil to clean energy, says an analysis by IISD and Swaniti Initiative.
Chhattisgarh's energy sector received more than INR 16,672 crore in government support in FY2024—but subsidies and investments for fossil fuels were four times higher than those for renewable energy, finds a new IISD report.
New analysis finds Chhattisgarh's energy sector received more than INR 16,672 crore in government support in FY2024—but subsidies and investments for fossil fuels were four times higher than those for renewable energy.