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Indian Railways’ business model is based on passengers underpaying and freight overpaying. Already, in financial year 2016-17, coal’s extra freight charge increased the cost of power by about 10 paise per kilowatt on average. For power plants in distant states, which inherently rely on Railways for coal, this number can be three times higher.
Gujarat, Punjab, Tamil Nadu that are far from coal mines, and therefore pay more than others, will contribute proportionately more to recover the coaching loss — the passenger subsidy. This overpayment by coal-based power applies to all coal generation in States like Punjab as all their coal comes via Railways.
Todd Stern and Dava Newman were interviewed by Steve Clemons of The Atlantic on perspectives on climate change from space and earth. The interview was held live from the Aspen Ideas Festival.
Todd Stern was interviewed by Olga Khazan of The Atlantic at the Aspen Ideas Festival in June 2018.
Todd Stern was interviewed by Aspen Public Radio’s Elizabeth Stewart Severy at the Aspen Ideas Festival in June 2018.