Last year was marked by turmoil in the energy markets after Russia's invasion of Ukraine, which helped to boost gas and coal prices to record levels in Europe and Asia.
From 2012-13 to 2021-22, contribution of coal to railways’ revenues increased to just over 47% from 43%. Of total freight revenue of Rs 1.39 lakh crore in 2021-22, Rs 65,856.08 crore was from coal.
VATICAN CITY (Reuters) - The world must rapidly ditch fossil fuels and end "the senseless war against creation", Pope Francis said on Thursday, in a fresh plea over climate change that called on
Reports come amid pressure on India to join Just Transition Energy Partnership, an agreement to fund accelerated transition from coal. India has so far resisted proposition.
Report by think tank ODI says that of 10 large banks surveyed, only 4 collect information on environmental, social, and governance risks, reaffirms findings of previous research.
The study accounts for multiple scenarios of fossil fuel usage with the expected impact on land vertebrates reducing as greenhouse gas emissions are lowered.
India has proposed that limiting global warming 'requires phase down of all fossil fuels', not one. Last year it opposed coal phase out, leading to adoption of phase down clause instead.
India had referred to a report by the UN climate science panel, which said countries must halve emissions by 2030 to meet climate goals & would require substantial reduction in fossil fuel use.
Report added if India is able to achieve 'more rapid progress in deploying low‐emissions alternatives in power, industry & transport' it'll be on path to fulfill net zero emissions by 2070 goal.
India’s foreign policy today is driven less by Western alignment or global liberalism and more by domestic political imperatives — economic, ideological, and electoral.
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