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Global coal demand expected to decline 2.3% by 2026 : IEA report

Global coal demand expected to decline 2.3% by 2026 : IEA report

Based on current policies, the latest IEA market report sees lower coal demand by 2026,…

COP28: New GST text pushes for a rapid phase down of coal, but recognises need to increase climate finance

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…

Reject any text that targets fossil fuels at COP28: OPEC to member countries in leaked letter 

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,…

Renewables, not coal, the energy of choice for investors in India for second year in a row: Report

Renewables, not coal, the energy of choice for investors in India for second year in a row: Report

Solar power was the dominant renewable energy, accounting for six out of 11 deals, or…

Big Polluters placed over 5,000 ads during first 5 days of COP28: Analysis 

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

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

$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

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 

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

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…