Global Electricity Review 2024, published in energy think tank Ember's annual report, says that for 1st time in world, renewable energy is accounting for 30% of total energy generation.
While developed nations urge reevaluation of climate aid, India says there must be agreement on burden sharing among developed countries 'to establish fair share of collective obligation'.
Climate Analytics report said global renewable energy capacity needs to grow 3.4-3.6 times by 2030 & that goal of tripling renewables should be treated 'as a floor, not a ceiling'.
In the run-up to COP29 in Azerbaijan, Aosis members will need to continue to explore other routes to compel wealthy nations to recognise the needs of the world’s most vulnerable states.
Coal accounts for 75% of energy generated in India, with govt not decommissioning any existing capacity & in process of adding more. Renewable energy also too expensive at the moment.
In a victory for India and other developing economies, the agreement avoids the term ‘phase out’ for fossil fuels, using “phase down of unabated coal power” instead.
Though the 2-week climate summit ended with adoption of 'Global Stocktake' text, some say actual resolution is 'marred by loopholes', giving fossil fuel industry 'numerous escape routes'.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Taylor ‘Fema’ Hiester, commander of USAF F-16 Viper Demo Team, hit out at air show organisers for continuing with the show after Wing Commander Namansh Syal lost his life in the incident.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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