- Despite the rapid growth of renewable energy, fossil fuels still produce about 80% of the world's energy
The COP28 climate talks went into overtime on Tuesday and countries engaged in shuttle diplomacy to seek a new draft agreement and try to close a rift over ending the world's use of fossil fuels.
Many nations criticized a draft text for a deal released on Monday for failing to call for a "phase-out" of oil, gas and coal. The United Arab Emirates' COP28 director general Majid Al Suwaidi said the aim of the text was to "spark conversations".
"By releasing our first draft of the text, we got parties to come to us quickly with those red lines," he told reporters.
Negotiators from the nearly 200 countries at the Dubai summit are attempting to agree a global plan of action to limit climate change fast enough to avert more disastrous flooding, fatal heat and irreversible changes to the world's ecosystems.
Denne historien er fra December 13, 2023-utgaven av Mint Mumbai.
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Denne historien er fra December 13, 2023-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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MHI holds talks on subsidy for e-trucks
The ministry of heavy industries (MHI) convened an industry consultation in the national capital on Thursday to determine the optimal allocation of its ₹500 crore subsidy outlay for e-trucks under the PM E-drive scheme.
'FSSAI plans real-time surveillance, tracking, sampling of food items'
A dashboard is being prepared to see live tracking sampling and analysis done across the country. - G. Kamala Vardhana Rao CEO, FSSAI.
Wholesale inflation at four-month high
A Reuters poll of economists expected wholesale inflation to be around 2.2% in October
Trade deficit widens to $27 bn in Oct
The total value of merchandise and services exports touched $73.21 bn in October, up from $65.19 bn in September
India ranks 3rd in improving its business environment
The country, as per EIU, is among places where it expects the most key policy improvements
Fashion begins to go green, but the transition is slow
Customers shopping for upcycled bags to eco-friendly tees are spoilt for choice, as upstart fashion brands chase them with a clutch of options.
Lawyers guide firms with US operations as Trump 2.0 looms
Law firms are advising Indian companies operating in the US or engaging in deals with American firms to expect closer scrutiny under the Trump administration, suggesting additional clauses in legal contracts to protect their interests.
Highway building, environment go hand in hand, says Gadkari
Union road transport and highways minister Nitin Gadkari has said that highways and infrastructure projects, especially in the Himalayan states, were being built in an environment-friendly way and that the allegations of environmental damage were \"completely wrong\".
After a slow start, auto PLI claims may zoom in future
The first wave of claims for India's automobile production incentives scheme barely touched ₹500 crore, an amount that may grow exponentially in the years ahead as the electric revolution unfolds and more products secure certification.
Musk-a-Lago: Inside Musk's role on Trump's transition team
In the lounge outside Donald Trump's Mar-a-Lago office, cabinet hopefuls mingle with advisers and friends of the future president.
