AOC needs to make a trip to India - August 31
Posted: Tue Aug 31, 2021 3:38 pm
I will buy her a one way ticket.
India Wants More Coal to Meet Demand.
India’s largest utility firm NTPC (NSE:NTPC) is ramping up domestic coal production and increasing overall coal imports as most power plants’ forward stock cover has dropped to single-digit territories, compelling large players to expand their coal inventories.
As I discussed during my interview on the Financial Sense Network last week, the US cannot do a thing about rising global carbon emissions because China and India are NOT going to reduce their burning of coal for power generation.
India Wants More Coal to Meet Demand.
India’s largest utility firm NTPC (NSE:NTPC) is ramping up domestic coal production and increasing overall coal imports as most power plants’ forward stock cover has dropped to single-digit territories, compelling large players to expand their coal inventories.
As I discussed during my interview on the Financial Sense Network last week, the US cannot do a thing about rising global carbon emissions because China and India are NOT going to reduce their burning of coal for power generation.