A heated discussion going on here in europe how to reduce or stop coal fired plants to save the planet but only a few are actually walking the talk in fact coal is gaining market share across the globe in 2018 coal consumption grew by 1. 4 percent that equals 3770000000 tons a day experts agree coal is here to stay for years to come to meet Rising Energy demand china by far has the worlds biggest appetite for coal india comes in 2nd consuming 12 percent of the worlds coal and on the other end of the spectrum germany only uses 1. 8 percent so it seems like the future health of our planet depends on china and india and the way they satisfy their energy needs for more im joined by day for a chat or g. From a Business Standard in mumbai day if i hope you can hear me already and here i can see you good to have you with us so 1st of all explain to us how addicted is india to coal. We are quite addicted to just look at the start that it takes almost 74 percent of in the us totally 3 days in r
Depends on china and india and the way they satisfy their energy needs for more im joined by day for a chat or g. From a Business Standard in mumbai dave i hope you can hear me already and here i can see you good to have you with us so 1st of all explain to us a how addicted is india to coal. We are quite addicted to just look at the started to statistics almost 74 percent of indias totally sick days in rishon is from politicians and not only that almost 60 percent of indias in star gappers is from boston so its we are certainly addicted to the call and there is no way out as far as a couple of makes deals is concerned what is happening is the government is unable to change to change the of again do doesnt want to abandon. Our stations that is because if we shut down this gold base politicians it will leave a lot of bad debts in the indian Banking Sector which is already quite weak and this one of the big problem which has happened in india and carmel power that is the best quality can
Cant really break 40. A little tough. You know. Elon musk is the reason. Among the other top stories, president obama will meet with fed chair janet yellen on the state of america, on global economies and wall street reform and longterm economic outlook. Vice President Biden will also attend. The meeting is closed to the media. The earnings highlights, alcoa after the closing bell. Unofficial start to the earnings season is always alcoa. Jpmorgan reports on wednesday. On thursday, bank of america, blackrock, bank of america and citigroup. Mike thompson will join us in this hour with a look at what to expect for this earnings season is and the equity markets from here. Well also get several big data points on tuesday look for import prices which includes an inflation gauge closely watched by the fed. On wednesday, retail sales, pricing index and the beige book report. And on thursday, march cpi. Joe, hold on to your seat. Yeah, the imf says it supports the move to negative rates. That r