G20 nations stall on fossil fuel subsidies
As the world’s largest economies met in Japan late last month at the G20 summit, there was little appetite for action on phasing out wasteful fossil fuel subsidies
Tag: fossil fuels
Coal main culprit in pushing up carbon emissions
Global greenhouse gas emissions surged in 2018 on the back of rising energy demand that was met substantially by burning more coal in India and China
AIIB criticised for funding fossil fuels despite assurances
The Asian Infrastructure Investment Bank has been urged not to finance projects that burn fossil fuels as the multilateral funder holds its annual meeting in Mumbai
India’s energy subsidies favour fossil fuels over renewables
Although subsidies to renewables have risen substantially, central government handouts to coal mining and coal-fired electricity continue to be high, which contradicts India’s stated aims on reducing carbon emissions
An inventory of energy subsidies provided by the central government shows the value of incentives has declined substantially to INR 1.3 trillion…Read more
China’s carbon emissions drive global uptick in 2017
Rising coal consumption ends three years of stable emissions, with China leading the pack
China’s carbon emissions are projected to grow by 3.5% in 2017, ending a trend that has seen emissions fall for the past three years globally, according to a new study launched at the UN climate talks in Bonn. India’s emissions are projected to grow 2% in 2017, according to the report…Read More
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