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	<title>Inter Press ServiceMines Topics</title>
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		<title>Guatemalans Fight Extractive Industries</title>
		<link>https://www.ipsnews.net/2022/09/guatemalans-fight-extractive-industries/</link>
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		<pubDate>Wed, 21 Sep 2022 02:49:17 +0000</pubDate>
		<dc:creator>Edgardo Ayala</dc:creator>
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		<guid isPermaLink="false">https://www.ipsnews.net/?p=177833</guid>
		<description><![CDATA[The majority of the Guatemalan population continues to oppose mining and other extractive projects, in the midst of a scenario of socio-environmental conflict that pits communities defending their natural resources against the interests of multinational corporations. The most recent rejection of mining projects in this Central American country took place on Sunday Sept. 18 in [&#8230;]]]></description>
		
			<content:encoded><![CDATA[<p><font color="#999999"><img width="300" height="169" src="https://www.ipsnews.net/Library/2022/09/a-8-300x169.jpg" class="attachment-medium size-medium wp-post-image" alt="One of the voting centers of the popular consultation held on Sunday, Sept. 18 in Asunción Mita, a town of 50,000 people in eastern Guatemala. The majority of the people who voted said no to the Cerro Blanco mine, due to its environmental impacts. CREDIt: Edgardo Ayala/IPS" decoding="async" loading="lazy" srcset="https://www.ipsnews.net/Library/2022/09/a-8-300x169.jpg 300w, https://www.ipsnews.net/Library/2022/09/a-8-768x432.jpg 768w, https://www.ipsnews.net/Library/2022/09/a-8-629x354.jpg 629w, https://www.ipsnews.net/Library/2022/09/a-8.jpg 976w" sizes="auto, (max-width: 300px) 100vw, 300px" /><p class="wp-caption-text">One of the voting centers of the popular consultation held on Sunday, Sept. 18 in Asunción Mita, a town of 50,000 people in eastern Guatemala. The majority of the people who voted said no to the Cerro Blanco mine, due to its environmental impacts. CREDIt: Edgardo Ayala/IPS</p></font></p><p>By Edgardo Ayala<br />ASUNCIÓN MITA, Guatemala , Sep 21 2022 (IPS) </p><p>The majority of the Guatemalan population continues to oppose mining and other extractive projects, in the midst of a scenario of socio-environmental conflict that pits communities defending their natural resources against the interests of multinational corporations.</p>
<p><span id="more-177833"></span>The most recent rejection of mining projects in this Central American country took place on Sunday Sept. 18 in the town of Asunción Mita, 350 kilometers southeast of the capital of Guatemala, in the department of Jutiapa.</p>
<p><strong>The “No” vote wins</strong></p>
<p>Here, through a citizen consultation, 88 percent of the more than 8,503 people who voted said &#8220;no&#8221; to the operations of the Cerro Blanco gold mine, owned by Elevar Resources, a subsidiary of Canada&#8217;s Bluestone Resources.</p>
<p>&#8220;In my view we can’t allow this to go ahead, we are getting older, but we don&#8217;t want the children and young people to suffer from the environmental impact of the mine,&#8221; said Petronila Hernández, 55, after voting at a school on the outskirts of Asunción Mita.</p>
<p>Hernández added to IPS that &#8220;we don&#8217;t agree with the mine, it affects our water sources, we carry the water from the water source, and the mine contaminates it.”</p>
<p>Hernández was accompanied by her daughter, Marilexis Ramos, 21.</p>
<p>&#8220;Hopefully our ‘No’ vote will win,&#8221; said Ramos during the voting. At the end of the afternoon the counting of votes began, and by Monday Sept. 19 the results began to be clear.</p>
<p>Mother and daughter live in the Cerro Liso hamlet, on the outskirts of Asunción Mita, very close to the mine.</p>
<div id="attachment_177835" style="width: 639px" class="wp-caption aligncenter"><img fetchpriority="high" decoding="async" aria-describedby="caption-attachment-177835" class="wp-image-177835" src="https://www.ipsnews.net/Library/2022/09/aa-8.jpg" alt="Marilexis Ramos, 21, voted on the continuity of the Cerro Blanco mining project, located near Asunción Mita, 350 kilometers southeast of the Guatemalan capital, in the department of Jutiapa. A full 88 percent of the more than 8,503 people who voted said &quot;no&quot; to the gold and silver mine. CREDIT: Edgardo Ayala/IPS" width="629" height="354" srcset="https://www.ipsnews.net/Library/2022/09/aa-8.jpg 768w, https://www.ipsnews.net/Library/2022/09/aa-8-300x169.jpg 300w, https://www.ipsnews.net/Library/2022/09/aa-8-629x354.jpg 629w" sizes="(max-width: 629px) 100vw, 629px" /><p id="caption-attachment-177835" class="wp-caption-text">Marilexis Ramos (r), 21, voted on the continuity of the Cerro Blanco mining project, located near Asunción Mita, 350 kilometers southeast of the Guatemalan capital, in the department of Jutiapa. A full 88 percent of the more than 8,503 people who voted said &#8220;no&#8221; to the gold and silver mine. CREDIT: Edgardo Ayala/IPS</p></div>
<p>The Cerro Blanco underground mine was licensed to operate in 2007 for a period of 25 years, but since then it has not been able to extract gold and silver, due to unforeseen issues.</p>
<p>The project encountered thermal water veins in the subsoil that released heat that made it impossible to work for long enough inside the two tunnels built in the mine, activist Juan Carlos Estrada, of the <a href="https://www.facebook.com/redaguaysaneamiento/">Water and Sanitation Network of Guatemala</a>, told IPS.</p>
<p>&#8220;The mine has been stranded for almost 15 years without extracting a single ounce of ore,&#8221; Estrada said.</p>
<p>However, the community struggle continues because, despite the setback it suffered in Sunday’s vote, the company still intends to operate the mine and to do so it aims to modify the original plan and turn it into an open pit mine.</p>
<p><strong>People vs. transnational corporations</strong></p>
<p>Guatemala, a nation of 17.4 million inhabitants, has experienced socio-environmental conflicts in recent decades as a result of the communities&#8217; defense of their territories against the advance of mining and hydroelectric projects and other extractivist activities.</p>
<p>Many of the conflicts have taken place in the territories of indigenous peoples, who make up 60 percent of the total population. Members of affected communities have put up resistance and have faced crackdowns by police and soldiers.</p>
<p>This has earned them persecution and criminalization by the authorities.</p>
<div id="attachment_177837" style="width: 639px" class="wp-caption aligncenter"><img decoding="async" aria-describedby="caption-attachment-177837" class="wp-image-177837" src="https://www.ipsnews.net/Library/2022/09/aaa-8.jpg" alt="Dalia González, of the Salvadoran movement Green Rebellion, on the banks of the Ostúa River in eastern Guatemala, talks about the impact that pollution from the Cerro Blanco mine will have on the river, which in turn will end up polluting the Lempa River in El Salvador. CREDIT: Edgardo Ayala/IPS" width="629" height="354" srcset="https://www.ipsnews.net/Library/2022/09/aaa-8.jpg 768w, https://www.ipsnews.net/Library/2022/09/aaa-8-300x169.jpg 300w, https://www.ipsnews.net/Library/2022/09/aaa-8-629x354.jpg 629w" sizes="(max-width: 629px) 100vw, 629px" /><p id="caption-attachment-177837" class="wp-caption-text">Dalia González, of the Salvadoran movement Green Rebellion, on the banks of the Ostúa River in eastern Guatemala, talks about the impact that pollution from the Cerro Blanco mine will have on the river, which in turn will end up polluting the Lempa River in El Salvador. CREDIT: Edgardo Ayala/IPS</p></div>
<p>In February, <a href="https://www.ipsnews.net/2022/02/struggle-guatemala-offers-hope-latin-americas-indigenous-people/">IPS reported on the struggle of indigenous Maya Q&#8217;eqchi&#8217; communities</a> in the municipality of El Estor, on the outskirts of Lake Izabal, in the department of the same name in eastern Guatemala.</p>
<p>The only active mine in Guatemala operates there, as similar projects have been blocked by the communities through citizen consultations or by court rulings, after the communities requested injunctions complaining about the lack of such votes, which are required.</p>
<p>The nickel mine in El Estor has been operated since 2011 by the transnational Solway Investment Group, headquartered in Switzerland, after purchasing it from Canada’s HudBay Minerals.</p>
<p>&#8220;Almost 100 consultations have been held, in 100 municipalities around the country, and in all of them mining and hydroelectric projects, mainly, have been rejected,&#8221; said José Cruz, of the environmental collective <a href="https://madreselva.org.gt/">Madreselva</a>.</p>
<p>The high number of consultations expresses the level of struggle of the population and the companies’ interest in the country’s natural resources.</p>
<p>&#8220;The only mining project currently operating is El Estor,&#8221; Cruz told IPS. And it is still active thanks to a &#8220;mock&#8221; consultation, manipulated by the company, which apparently endorsed the mine.</p>
<p>The Oxec I and Oxec II hydroelectric projects have also been a source of socio-environmental conflict.</p>
<p>The first plant began operations in 2015 and the second has been under construction since two years later. Both are owned by the Energy Resources Capital Corporation, registered in Panama.</p>
<p>In 2015, local Q&#8217;eqchi indigenous communities launched a struggle against the two hydroelectric power plants on the Cahabón River, located in the municipality of Santa María de Cahabón, in the department of Alta Verapaz in northern Guatemala.</p>
<p>After suffering persecution for his active participation in defense of his people’s territories, Q&#8217;eqchi leader Bernardo Caal was imprisoned in January 2018 and sentenced the following November to seven years in prison by a court &#8220;without any evidence,&#8221; as denounced at the time by Amnesty International, which considered him a prisoner of conscience.</p>
<p>However, he was released in March 2022 for good behavior and because there was essentially no evidence against him.</p>
<div id="attachment_177838" style="width: 639px" class="wp-caption aligncenter"><img decoding="async" aria-describedby="caption-attachment-177838" class="wp-image-177838" src="https://www.ipsnews.net/Library/2022/09/aaaa-3.jpg" alt="An anti-mining banner hangs on the façade of the church in Asunción Mita, in eastern Guatemala. The company operating the Cerro Blanco mine called the consultation process held in the town on Sept. 18 illegal. CREDIT: Edgardo Ayala/IPS" width="629" height="354" srcset="https://www.ipsnews.net/Library/2022/09/aaaa-3.jpg 768w, https://www.ipsnews.net/Library/2022/09/aaaa-3-300x169.jpg 300w, https://www.ipsnews.net/Library/2022/09/aaaa-3-629x354.jpg 629w" sizes="(max-width: 629px) 100vw, 629px" /><p id="caption-attachment-177838" class="wp-caption-text">An anti-mining banner hangs on the façade of the church in Asunción Mita, in eastern Guatemala. The company operating the Cerro Blanco mine called the consultation process held in the town on Sept. 18 illegal. CREDIT: Edgardo Ayala/IPS</p></div>
<p><strong>Projects that pollute across borders</strong></p>
<p>Although the victory of the &#8220;no&#8221; vote in Asunción Mita represents an achievement for local residents, the project still presents a pollution risk, not only for this town of 50,000 people, but also for neighboring El Salvador.</p>
<p>Asunción Mita is located near the border with El Salvador.</p>
<p>Environmental organizations in Guatemala, Honduras and El Salvador have warned that heavy metal pollution from the mine would end up impacting the Ostúa River on the Guatemalan side.</p>
<p>The waters of that river, in turn, would reach Lake Guija, on the Salvadoran side. And a segment of that lake is reached by the Lempa River, which provides water to more than one million people in San Salvador and neighboring municipalities.</p>
<p>The Lempa River is 422 kilometers long and its basin covers three countries: It originates in Guatemala, crosses a small portion of Honduras and then zigzags through El Salvador until flowing into the Pacific Ocean.</p>
<p>El Salvador passed a law in March 2017 prohibiting mining, underground or open pit, but the proximity to the Cerro Blanco mine makes it vulnerable to pollution.</p>
<p>&#8220;We are concerned, our main source of water is under threat,&#8221; Salvadoran activist Dalia González, of the <a href="https://www.facebook.com/ReverdesRV">Green Rebellion</a> movement, told IPS.</p>
<p>González added that the governments of Guatemala and El Salvador have an important role to play in protecting natural resources and the health of the local population.</p>
<p>&#8220;Because the effects of the mines cross borders,&#8221; said the young activist on the banks of the Ostúa River, where she had arrived along with Salvadoran environmentalists and journalists after witnessing the consultation process.</p>
<p>González called on Salvadoran President Nayib Bukele to engage in a dialogue with his Guatemalan counterpart Alejandro Giammattei to find a solution to the problem of pollution that would also affect El Salvador.</p>
<p>&#8220;The situation is serious and requires urgent action,&#8221; said the Salvadoran activist.</p>
<p>After learning the results of the citizen consultation in Asunción Mita, the company behind the Cerro Blanco mine, Elevar Resources, called the process illegal, according to a press release made public on Monday Sept. 19.</p>
<p>The company&#8217;s managing director, Bob Gil, said, &#8220;this consultation process is clearly illegal and full of irregularities,&#8221; according to the statement.</p>
<p>In the company’s view, the process was flawed by what it called &#8220;anti-mining groups&#8221;.</p>
<p>&#8220;We are disappointed with the actions of these groups who use biased referendums to create doubt and uncertainty regarding responsible mining projects such as Cerro Blanco,&#8221; he added.</p>
<p>The consortium said the aim is to continue developing the project and to produce 2.6 million ounces of gold during the life of the mine.</p>
<p>Due to the problems it has had with the tunnels and the heat that prevents it from working and extracting the minerals, in November 2021 the company submitted a request to the authorities to transform the current underground mine into an open-pit mine.</p>
<p>The company &#8220;spoke of updating the Environmental Impact Study, but what was needed was a new study, because it was a completely different project,&#8221; said Madreselva’s Cruz.</p>
<div id='related_articles'>
 <h1 class="section">Related Articles</h1>
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<li><a href="https://www.ipsnews.net/2022/02/struggle-guatemala-offers-hope-latin-americas-indigenous-people/" >Struggle in Guatemala Offers Hope for Latin America’s Indigenous People</a></li>
<li><a href="https://www.ipsnews.net/2019/02/mining-grabs-land-deals-blow-agriculture-central-america/" >Mining Grabs Up Land, Deals Blow to Agriculture in Central America</a></li>
</ul></div>		]]></content:encoded>
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		<title>Why Investors Should Think Twice before Investing in Coal in India – Part 2</title>
		<link>https://www.ipsnews.net/2015/03/why-investors-should-think-twice-before-investing-in-coal-in-india-part-2/</link>
		<comments>https://www.ipsnews.net/2015/03/why-investors-should-think-twice-before-investing-in-coal-in-india-part-2/#respond</comments>
		<pubDate>Thu, 19 Mar 2015 18:22:51 +0000</pubDate>
		<dc:creator>Chaitanya Kumar</dc:creator>
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		<guid isPermaLink="false">http://www.ipsnews.net/?p=139768</guid>
		<description><![CDATA[This is the second of a two-part article analysing India’s plans to double coal production by the end of this decade. The article, by Chaitanya Kumar, South Asia Team Leader of 350.org, which is building a global climate movement through online campaigns, grassroots organising and mass public actions, offers four reasons why investors and the Indian government should be really wary of investing in coal for the long run. The first part, which was run on Mar. 18, dealt with the first two reasons; this second part looks at the final two.]]></description>
		
			<content:encoded><![CDATA[<p><font color="#999999"><img width="300" height="198" src="https://www.ipsnews.net/Library/2015/03/Coal_The-HIndu-300x198.jpg" class="attachment-medium size-medium wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.ipsnews.net/Library/2015/03/Coal_The-HIndu-300x198.jpg 300w, https://www.ipsnews.net/Library/2015/03/Coal_The-HIndu-629x415.jpg 629w, https://www.ipsnews.net/Library/2015/03/Coal_The-HIndu.jpg 630w" sizes="auto, (max-width: 300px) 100vw, 300px" /><p class="wp-caption-text">Coal mining in India. Coal-fired plants contribute 60 percent of India’s energy capacity and are a large source of the air pollution that is taking a toll on people’s health and their livelihoods. Photo credit: The Hindu</p></font></p><p>By Chaitanya Kumar<br />NEW DELHI, Mar 19 2015 (IPS) </p><p>In November last year, India’s power minister Piyush Goyal announced that he plans to <a href="http://articles.economictimes.indiatimes.com/2014-11-06/news/55836084_1_coal-india-coal-production-india-economic-summit">double coal production</a> in India by the end of this decade and, in an effort to enhance production, the Indian government has started a process of auctioning coal blocks.<span id="more-139768"></span></p>
<p>Coupled with the auctions is the disinvestment of Coal India Limited (CIL), the world’s largest coal mining company, and both actions can provide short-term reprieve to India’s energy and fiscal deficit woes.</p>
<p>However, there are four reasons why investors and the government should be wary of investing in coal for the long run (10-15 years).</p>
<p>The first stems from the fact that it is rapidly becoming clear to big business and governments around the world that a large proportion of coal and other fossil fuels should be left in the ground. The second is that coal consumption is declining in many parts of the world, with economics increasingly in favour of alternate sources of energy, such as wind and solar.“A systematic effort is now under way to dilute environmental, land and forest laws … The latest land ordinance passed by the [Indian] government has done away with two key pillars of the process of land acquisition: social impact assessment and community consent”<br /><font size="1"></font></p>
<p>Reasons three and four have to do with growing resistance from tribal and grassroots communities, and the fact that India will be forced to take some form of action as air pollution becomes increasingly dangerous.</p>
<p>Despite its plans for coal production, the Indian government has been giving the right indicators on its pursuit of renewable energy, but this ambition – though welcome – is being counterbalanced by the country’s continued lust for more coal.</p>
<p>Call it an addiction that is hard to let go or sustained pressure from big corporations and their existing investments in coal, the Indian government has turned its eye on the vast domestic reserves in the country.</p>
<p><strong>Growing resistance from tribal and grassroots communities</strong></p>
<p>A systematic effort is now under way to <a href="http://www.business-standard.com/article/economy-policy/land-law-exemptions-extended-to-private-firms-115020500041_1.html">dilute environmental, land and forest laws</a> in the country. The latest land ordinance passed by the government has done away with two key pillars of the process of land acquisition: social impact assessment and community consent. The ordinance is facing stiff resistance from opposition parties and the general masses of India.</p>
<p>Any project, either private or under a public private partnership (PPP), previously required the consent of 80 percent of the community that the project impacted but no such consent is now required.</p>
<p>Social impact assessments that factors in effects on the environment and human health, among others, were mandatory for projects and while such assessments were shoddy in the past, doing away with them completely sets a poor precedent for industrial practices and gives even less of a reason for companies to clean up their acts.</p>
<p>A lack of social impact assessment also adds to the ambiguity that exists in offering the right compensation as part of the rehabilitation and resettlement plan embedded in the land ordinance.</p>
<p>In the context of coal, the efforts of the government to re-allocate 204 coal blocks and begin mining will be met by stiff resistance from impacted communities. “There is a fear that we will witness greater state violence on people as they begin resisting projects that have immediate impacts on their lives and livelihoods”, says Sreedhar, a former geologist who now runs a network of activists called Mines, Minerals &amp; People.</p>
<p>The Mahan coal block, forcefully pursued by the Essar company, is a case in point where local communities have been resisting open cast mining for several years. The mine is located in what is one of the last remaining tracts of dense forests in central India. Mahan has subsequently been <a href="http://www.thehindu.com/news/national/dont-auction-mahan-coal-block-moef/article6929933.ece">withdrawn from the auctions</a>, a victory celebrated by the local communities.</p>
<p>Foreign investors are especially wary of pumping money into projects that can see resistance from local communities. The high profile cases bauxite mining plans by British resources giant <a href="http://www.telegraph.co.uk/news/worldnews/asia/india/10253003/Indian-tribals-reject-Vedantas-mining-proposal-in-sacred-hills.html">Vedanta</a> in ‘sacred’ hills in eastern India and the plans of South Korea’s <a href="http://www.business-standard.com/article/economy-policy/green-nod-isn-t-the-end-of-posco-s-problems-114012201351_1.html">POSCO</a> steel-making multinational to open a plant in the eastern state of Odisha have become strong deterrents for big money to enter India.</p>
<p>While the government’s efforts at allaying fears may work, there is a difference in rhetoric and on-the-ground reality because it will not be easy to simply wish away people’s concerns.</p>
<p><a href="http://www.ndtv.com/india-news/as-india-faces-energy-shortage-tribal-protests-pose-threat-to-fresh-coal-allocations-in-chhattisgarh-734917">Visible resistance has taken shape</a> in the state of Chhattisgarh where twenty tribal gram sabhas in the Hasdeo Arand coal field area of the state passed a formal resolution under the forest rights act against coal mining in their traditional forest land.</p>
<p>“There has to be an assessment of India’s energy needs alongside an evaluation of the forests that we stand to lose from coal mining. Allocation of coal blocks in dense forests is imprudent,” says Alok Shukla, an activist from Chhattisgarh who is mobilising tribal communities to uphold their forest rights.</p>
<p>These struggles might only intensify as government efforts are aggressively under way to <a href="http://www.business-standard.com/article/current-affairs/environment-ministry-tries-another-ploy-to-dilute-tribal-rights-115031300772_1.html">further dilute tribal rights</a> and <a href="http://www.business-standard.com/article/economy-policy/only-35-of-793-coal-blocks-remain-inviolate-after-dilution-of-policy-115031301194_1.html">open up inviolate forests</a> for coal mining.</p>
<p><strong>Air pollution is becoming hazardous and India will be forced to act</strong></p>
<p>As the pressure to act on air pollution builds, India will have to enforce strict emission norms on coal plants and their operators. Installing <a href="http://en.wikipedia.org/wiki/Flue-gas_desulfurization">flue-gas desulphurisation</a> scrubbers should be mandatory on any new plant that is set to operate in coming years. These devices are very effective in limiting dangerous pollutants from escaping into the atmosphere but come at a heavy cost for investors and coal power generators. </p>
<p>But why would the government work towards increasing operational costs for power plants in the pipeline? Here’s why – air pollution is killing Indians every year and is now the fifth largest contributor of deaths in the country. The <a href="http://scroll.in/article/693116/Thirteen-of-the-20-most-polluted-cities-in-the-world-are-Indian">fact</a> that 13 of the world’s 20 most polluted cities are in India is a cause for great alarm. A <a href="http://www.business-standard.com/article/economy-policy/it-s-a-losing-battle-against-air-pollution-in-delhi-115031400661_1.html">study</a> has indicated that one in three children have shown a reduction in lung function in Delhi.</p>
<p>The World Health Organisation (WHO) report, which makes this claim, advises that fine particles of less than 2.5 micrometres in diameter (PM2.5) should not exceed 10 micrograms per cubic metre. Delhi tops the list at 153 micrograms of PM2.5 per cubic metre and it is only getting worse.</p>
<p>In Delhi, for instance, coal roughly contributes 30 percent of recorded air pollution (particulate matter) and the numbers are higher in the coal clusters of the country. Coal-fired plants contribute 60 percent of India’s energy capacity and are a large source of the air pollution that is taking a toll on people’s health and their livelihoods.</p>
<p>A recent <a href="http://cat.org.in/files/reports/Coal%20Kills-Health%20Impacts%20of%20Air%20Pollution%20from%20India%E2%80%99s%20Coal%20Power%20Expansion.pdf">report</a> on coal pollution in India by Urban Emissions and Conservation Action Trust reveals a shocking statistic – in another 15 years between 186,500 and 229,500 people may die premature deaths annually as a result of a spike in air pollution caused by coal-fired power plants.</p>
<p>In dealing with air pollution, curbing the effects of harmful pollutants like nitrous and sulphur oxides from coal power plants is critical and there is growing pressure on the central government to introduce strict emission standards. India is the <a href="http://www.livemint.com/Opinion/x7ozHlnG39FDEx0Rh3zBiK/Jairam-Ramesh--New-emission-concerns.html">only major coal-powered nation</a> that does not have any concentration standards for these pollutants, a requirement that should soon be in place.</p>
<p>Both domestic and international pressure can move India to clean up its air. The government cannot afford to have an ‘airpocalypse’ on its hands.</p>
<p><strong>All is not well with the coal industry in India</strong> <strong> </strong></p>
<p>Undaunted, Narendra Taneja, energy cell convenor of India’s ruling Bharatiya Janata Party, has <a href="https://www.youtube.com/watch?v=PhqO30KOL1M">claimed</a> that coal and gas will remain the mainstay of the country’s economy for the next 50-60 years.</p>
<p>The impossibility of this claim becomes apparent when we look at the actual reserves of extractable coal. Only one-fifth of the coal reserves of CIL are extractable and if the ambitious doubling of domestic production happens, the known reserves are expected to last <a href="http://www.cmpdi.co.in/unfc_code.php">for less than two decades</a>.</p>
<p>Coal mines that expire before the lifetime of new coal plants scream for greater economic prudence from investors.</p>
<p>India’s ambitious renewable energy expansion plans need to be complemented by a phase-out plan of coal. The world needs stronger political leadership from India as it tries to tackle the twin challenges of poverty and climate change.</p>
<p><em>Edited by </em><a href="http://www.ips.org/institutional/our-global-structure/biographies/phil-harris/"><em>Phil Harris</em></a><em>   </em></p>
<p><em>The views expressed in this article are those of the author and do not necessarily represent the views of, and should not be attributed to, IPS &#8211; Inter Press Service. </em></p>
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</ul></div>		<p>Excerpt: </p>This is the second of a two-part article analysing India’s plans to double coal production by the end of this decade. The article, by Chaitanya Kumar, South Asia Team Leader of 350.org, which is building a global climate movement through online campaigns, grassroots organising and mass public actions, offers four reasons why investors and the Indian government should be really wary of investing in coal for the long run. The first part, which was run on Mar. 18, dealt with the first two reasons; this second part looks at the final two.]]></content:encoded>
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