| Rich countries should help developing countries like India limit their carbon emissions by supporting the building of more expensive but cleaner energy plants, Glencore chairman Tony Hayward said on Thursday. Hayward said that India, where hundreds of millions of people have no access to electricity, is about to build 200 gigawatts of coal-fired power plants, all using conventional technology instead of the less polluting but more expensive supercritical coal-fired plants.
"Rich countries need to support India's energy transition. We are asking them to pay more for their energy than they would otherwise have to because of what we have done in the past 50 years," Hayward said at the Business and Climate summit...............................................Full Article: Source
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