Budget 2023: Govt allocates Rs 35,000 crore for energy transition with 'green growth' in focus
The government has allocated Rs 35,000 crore for "priority capital investments" towards India’s energy transition to meet its net-zero objectives, finance minister Nirmala Sitharaman announced Wednesday, calling "green growth" one of the country's top priorities for the year.
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G20 Summit Agreement Fails To Strengthen Coal Phase-Down Even As Data Show High Per Capita Coal Emissions
As world leaders gather in New Delhi for the Group of 20 (G20) Summit–with 19 member countries and the European Union–data show that a majority of the group still has very high per capita coal power emissions. At the summit, countries agreed to "pursue further efforts" to limit the global average temperature rise to 1.5 degrees celsius, agreeing to "encourage efforts to triple renewable energy capacity globally" but the G20 New Delhi Leaders Declaration included no new commitment on phasedown of coal power or on phasing down all fossil fuels.