Bhamy V. Shenoy Archives

Development/Growth

Tejal Kanitkar on the contradiction at the heart of India’s National Energy Policy

6th January 2018

From Newsclick: Prof. Tejal Kanitkar, who heads the Centre for Climate Change and Sustainability Studies at TISS, says that while the government’s National Energy Policy claims it will provide 24×7 electricity to the entire nation by 2022, this lies in contradiction with the mode through which they plan ensure its distribution; that is, the market….

CLIMATE CRISIS

Global energy transition: Here’s why it’s India’s opportunity to leapfrog

27th October 2017

As India like the rest of the world shifts from fossil fuels to renewables, India should also launch a new initiative for this dramatic transition. One of the guiding principles for energy transition should be India’s civilizational value of “simple living and high thinking” and not to maximize gross national product as other countries do….

CLIMATE CRISIS

Is it the beginning of the end of oil era?

19th June 2017

From Deccan Herald: There’s a great deal of disagreement between those who predict the end of oil era and those who believe in the need to look for more oil reserves. Since India’s ready to invest a huge amount in transforming its economy, there’s an urgent need to find out which scenario will pan out….

ENERGY

The draft national electricity plan paints rosy picture of power scenario

3rd February 2017

Every five years, the Central Electricity Authority prepares a National Electricity Plan. Last December, the CEA released draft of third NEP for 2017-2022 seeking comments from various stakeholders. Some of its conclusions, like ‘close to zero energy demand deficit’, may sound like music to power starved India but also raises serious questions about its authenticity….

CLIMATE CRISIS

Paris Climate Summit: A success? A failure? Or a fraud?

28th January 2016

Bhamy Shenoy writes in Deccan Herald: There is a comforting thought that the fall in solar energy and wind energy prices, and their greater adaption will provide solution to reduce the use of fossil fuels. Often ignored or overlooked reality is the difficulty in reforming the existing energy scenario both in the developed and developing countries….

CLIMATE CRISIS

India’s INDCs and the road to Paris – 3

13th November 2015

(Note: In this series of posts, we take a closer look at whether India’s Intended Nationally Determined Contribution (INDC) ahead of the Paris climate talks. In this third installment, we present comments by three independent observers that critically analyse India’s climate commitment. Also read: Part 1 and Part 2 of the series) “India has low per capita emission only thanks…

CLIMATE CRISIS

The IMF’s “shocking” estimate of fossil fuel costs: There’s more to the story

4th June 2015

Sajai Jose Credit: CGP Grey/Flickr, CC-BY 2.0 Recently, when an International Monetary Fund research paper revealed that the actual cost of fossil fuel usage for 2015 was a staggering US$ 5.3 trillion (approx. 340 lakh crore rupees), it made headlines worldwide, though it went largely unreported in India. What accounts for the bulk of this figure are the hidden…

ENERGY

Bhamy Shenoy: Do we really know where oil prices will go?

23rd May 2015

(This article was first published in Industrial Economist) Brent crude oil price after reaching a high of $110 per barrel in June of 2014, seems to have reached a floor price of $45/b this January. It has gone above $60/b. Despite earlier failure to predict oil prices, oil experts are again at it to predict where oil…