Just Energy Transition: Economic Implications for Jharkhand

credit: Wikimedia Commons

As the world shifts away from fossil fuels, workers in coal-mining states in India are bracing for job losses, Bloomberg reports.

According to a report from the Center for Policy Research, Jharkhand, Chhattisgarh, Madhya Pradesh, Odisha, and West Bengalthe five most-populated states in Indiause 85% of the country's solid fossil fuel production, including coal, natural gas, and oil.

And those states are some of the hardest-hit by the shift away from fossil fuels, Bloomberg reports.

According to a report from the Center for Policy Research, Jharkhand alone could lose nearly $9.2 billion per year in revenue if coal mining and electricity production cease, Bloomberg reports.

And that's not just for the miners.

According to a report from the Center for Policy Research, public-sector companies that generate electricity using fossil fuels "may have limited avenues aside from diversification away from their core businesses."

And while renewable energy is expected to play a bigger role in India's economy in the future, coal mining is expected to continue to be a major source of energy for years to come.

India has set a goal of getting 50% of its energy from renewable sources by 2030, but coal consumption is expected to continue its upward trend for the next few years, according

Read the Entire Article

A customized collection of grant news from foundations and the federal government from around the Web.

How's Your Community Doing?
Check Out it's
Community Vital Signs

Beyond Philanthropy: Alejandro Betancourt Lopez's Vision of Impact-Driven Business Development

Alejandro Betancourt Lopez rejects traditional corporate social responsibility models that separate business operations from community impact.Rather than limiting community engagement to corporate...more

Thoughtful Philanthropy For A Happier Community

Thoughtful giving isn't just about making a donation, it's about creating meaningful impact.Community foundations exist to connect generosity with need, ensuring that charitable giving is both...more

Nonprofit Finance Fund Hires Kareem Thomas As Chief Credit Officer

Kareem Thomas most recently served as Chief Credit and Lending Administration Officer at Reinvestment Fund.Bhavani Daryanani has more than 20 years of experience in the sector, bringing deep...more

Secu Foundation Honored With Ccuf Hero Award For Partner in Philanthropy

SECU Foundation has been named a recipient of the 2024 Carolinas Credit Union Foundation Hero Award for Partner in Philanthropy.The SECU Foundation promotes local community development in North...more

Love Where You Live Initiative Identifies Reno County Priorities; Grant Opportunities Available
Foundation: Hutchinson Community Foundation

Residents say increases in average household income and businesses that pay above average wage are the top indicators of economic progress in Reno County.They also identify attracting new businesses,...more

The Jewish Emergent Network: From Emergence to Evolution
Foundation: Jim Joseph Foundation

The Jewish Emergent Network is a loose affiliation of seven Jewish organizations.The network passed on its core initiatives to the Jewish Social Justice Roundtable and Atra.Many of the rabbis who...more

Bill Text: Ny J00338

Elise May, a former HEARTS Board Member, is an independentTeaching Artist/Arts Administrator, educator, actor, singer, and writer.She works with actors, school districts, libraries, and ...more

6 'Green' Degrees to Fight Climate Change

Environmental science majors study the science behind environmental challenges like climate change, pollution, and habitat destruction.An urban studies major focuses on the design and management of...more

Emporia Chamber Leads the Way in Community Progress

Emporia Area Chamber of Commerce and Ignite Emporia embody these values through a proactive approach to creating an environment for business and community success.81% of adults consider their local...more

Creative Capital Awards $2.45M to 55 Artists

The Creative Capital Foundation selected 55 artists and collectives for its annual grant award from a pool of over 5,600 applicants.Each grant provides $50,000 of unrestricted project funding...more