The survey points out that there’s a significant difference between developed and developing nations, including India, in terms of energy access and carbon footprints.
The target for reducing emissions intensity relative to India's GDP has been raised to 45% by 2030, up from the previous 33-35% target from the 2005 level
Ahead of the UN Climate Summit in Dubai, the Oxfam report says carbon emissions of 1% richest are enough to cause 1.3 million excess deaths due to heat
India targets 500 GW renewable capacity — 62% of total — by 2030. Largest groups Reliance, Tata and Adani have jumped in for the business opportunity. Can they turn around the renewables landscape?
The bill empowers the central government to make a carbon credit trading mechanism and mandate companies and establishments to earmark a portion of their energy needs from non-fossil sources.
The good news is, after the COP15 (2009) commitment to help developing/poor countries with $100 billion a year in adopting green energy, rich countries committed to “loss and damage fund” at COP27.