Abstract: India has the onerous distinction of having the highest taxation and royalty rates for the mining sector. This mars the overall competitive edge of mining firms.
The authors are Research Scholar and Associate Professor, National Institute of Public Finance and Policy, New Delhi, respectively. lekhachakraborty@gmail.com
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Geothermal energy is energy derived from the heat of the earth. Geothermal energy is thermal energy generated and stored in the Earth. It can be found almost anywhere.
Insolation is the solar radiation that reaches the earth's surface. It is measured by the amount of solar energy received per square centimetre per minute. Insolation affects temperature. The more the insolation, the higher the temperature.
A greenhouse gas (sometimes abbreviated as GHG) is a gas that absorbs and emits radiation in the thermal infrared range. The process is the fundamental cause of the greenhouse effect. These gases are generally released due to the burning of fossil fuel.
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