India faces climate policy dilemma under renewable energy ramp-up: BP economist

India is facing a major growth in its fossil fuel-fired power generation in the coming years even if it hits ambitious targets to ramp up renewable energy, a prospect which is underpinning an increasing sense of “frustration and anger” in developing economies, BP chief economist Spencer Dale said Feb. 27. India, one of the world’s biggest oil importers, hopes to…India is facing a major growth in its fossil fuel-fired power generation in the coming years even if it hits ambitious targets to ramp up renewable energy, a prospect which is underpinning an increasing sense of “frustration and anger” in developing economies, BP chief economist Spencer Dale said Feb. 27. India, one of the world’s biggest oil importers, hopes to…  Read More