# Tags

Carbon Tax Turns Into Climate Fight

EU contends that CBAM levels the playing field for domestically manufactured goods adhering to stringent green standards and reduces emissions from imports   The European Union’s proposal to implement a carbon tax on carbon emissions associated with the production of goods imported from countries such as India and China has ignited a contentious debate at […]

Observers See OPEC ‘Panicking’ As COP28 Climate Talks Focus On Possible Fossil Fuel Phase-Out

The call for a swift phase-out of fossil fuels emerges as the central theme in the talks’ final days Veteran negotiators at the U.N. climate talks on Saturday emphasised that the global movement to transition away from fossil fuels had gained substantial momentum, confronting a formidable opponent: the oil industry. Late on Friday, news broke […]

Need To Follow Consistent EV Policy, No Need For Company-Specific Sops: FICCI EV Committee Chair

FICCI has submitted recommendations to the Heavy Industries Ministry for FAME 3, suggesting incentives for private cars due to growing public interest   Sulajja Firodia Motwani, Chairperson of the FICCI EV Committee and CEO of Kinetic Green, stressed the importance of maintaining the Make in India initiative without dilution and advocating for a consistent policy […]

Tech Transfer, Finance For Industry Transition Remains A Challenge: Bhupender Yadav

Encouraging stakeholders to collaborate on innovation, technology, and sustainability, Yadav stressed the importance of building a sustainable and inclusive industry for the future Environment Minister Bhupender Yadav highlighted the challenges of technology transfer and finance in transitioning hard-to-abate sectors such as iron, steel, cement, and transport to low-carbon alternatives at the UN climate talks. Speaking […]

$83 Billion Commitment At COP28 Heralds Turning Point For Global Climate Action

With the 28 Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC) gaining impetus, the world is seeing a wind of change. This worldwide conference has mobilised over USD 83 billion in pledges and commitments in just five days, launching a new chapter in climate action. These commitments, which […]

Equity And Climate Justice Must Be Basis Of Climate Action: India At COP28

The GST involves a two-year review of collective global efforts to achieve the goals outlined in the Paris Agreement, particularly the target of limiting global warming to 1.5 degrees Celsius compared to the pre-industrial era At COP28 on Saturday, India’s Environment Minister Bhupendra Yadav asserted that equity and climate justice should form the foundation of […]