COP28: New GST text pushes for a rapid phase down of coal, but recognises need to increase climate finance
India, China likely to push back on text’s language on coal; climate vulnerable countries unhappy…
Fossil Fuels
Reject any text that targets fossil fuels at COP28: OPEC to member countries in leaked letter
The letter urges OPEC members to “proactively reject any text or formula that targets energy,…
Big Polluters placed over 5,000 ads during first 5 days of COP28: Analysis
Major oil and gas companies such as Aramco, Total and Exxon placed over 5,000 ads…
Overshooting 1.5°C target seems inevitable: Global Carbon Budget lead researcher
The annual report found global carbon emissions from fossil fuels have risen again, reaching record…
$1.7 trillion of public money spent on fossil fuels by governments globally
According to a new analysis by the International Institute for Sustainable Development (IISD), governments globally…
New coal development at a nine-year low globally, except China: Report
More than 95% of the coal plant capacity starting construction this year was in China,…
Oil and gas companies account for just 1% of clean energy investment globally: IEA report
To align with a 1.5°C scenario, the industry’s emissions need to decline by 60% by…
India mandates imported-coal blending and full-capacity operations till FY24-end
Recently, the Indian government has extended mandatory blending of imported coal with domestic fuel for…
GHG emissions to skyrocket? Nations aiming to double fossil fuel production by 2030 : UN report
Profiling 20 major fossil fuel producer countries, the research highlights how the persistence of the…
India to turn towards more natural gas to end blackouts
As part of emergency steps to stop electricity outages, India is turning towards natural gas….