But fAiL....India banks are pouring billions into....ready for this.....coal
India wants more renewables, but its banks are pouring billions into coal
Gee but the climate crusaders tell us every day in here that coal is dead
Why is this a fail. India has different resources than the US. The India government is concerned with intense smog in the cities, The India banks are interested in profit.
You are conflating India's energy economy with the US economy.
Coal is dying in the US because natural gas is cheaper. CBS news:
Last year, gas used in utility plants cost as low as $16 per megawatt hour compared to some $22 for coal. ... “Natural gas is cheaper and more plentiful.