Agreement includes call to triple renewable energy and double energy efficiency by 2030
The deal struck in Dubai after two weeks of hard-fought negotiations was meant to send a powerful message to investors and policy-makers that the world is united in its desire to break with fossil fuels, something scientists say is the last best hope to stave off climate catastrophe.
Five Adani Group companies – Adani Green Energy, Adani Energy Solutions, Adani Ports & SEZ, ACC and Ambuja Cements – have set a target to become net zero by 2050 or earlier.
Licypriya Kangujam, a 12-year-old climate activist from Manipur, burst on to the stage at the United Nations Climate Change Conference 2023 (COP28) in Dubai on Monday, holding a sign above her head that read, 'End fossil fuel. Save our planet and our future'
COP28: Gautam Adani adding that they are electrifying all cranes, switching from diesel-based Internal Transfer Vehicles to battery-based ones, and installing an additional 1000 MW of captive renewable capacity.
EU negotiators say the core document is in pretty good shape and are confident the key issues are clearly defined. Options remain open for ministers taking over the negotiations which is not often the case at this stage of these difficult multilateral talks.
The Biden administration has approved five US LNG export licenses to serve the European market following Russia's Feb. 24, 2022 invasion of Ukraine, having approved none beforehand.
Research published on Tuesday showed global carbon dioxide emissions from burning fossil fuels are set to hit a record high this year, exacerbating climate change and fuelling more destructive extreme weather
The memorandum of understanding comes amid a push by the UAE to expand its nuclear energy capacity, and a pledge by over 20 nations at the COP28 climate conference in Dubai to triple nuclear deployment this decade to fight climate change
While few commercially viable carbon-capture projects exist due to high costs, EVs now make up about 13% of the global new vehicle market, and solar and wind deployments have been expanding rapidly
In a statement to be announced at the event in Dubai, the group, including the World Bank and regional peers, said the window of opportunity to secure a liveable planet was "rapidly closing"
In a statement to be announced at the event in Dubai, the group, including the World Bank and regional peers, said the window of opportunity to secure a liveable planet was "rapidly closing"
Methane tends to leak into the atmosphere undetected from drill sites, gas pipelines and other oil and gas equipment
The pledge forms a part of several declarations made at COP28 to decarbonise the energy sector, which accounts for approximately three-quarters of worldwide greenhouse gas emissions.
COP28 is taking place at Expo City, Dubai, United Arab Emirates from November 30 to December 12, 2023.
At the time of writing this story, the post garnered over 3,62,000 likes and numerous comments.
'We must rise above self interest and transfer technology,' says PM Modi at COP28 in Dubai
COP28 President Sultan Ahmed al-Jaber said the decision sent a "positive signal of momentum to the world and to our work here in Dubai."
The video went viral in no time ahead of the Prime Minister's address at the opening session of COP28.
The annual climate summit in Dubai this year is expected to focus on fast-tracking the move to clean energy sources, to cut greenhouse gas emissions before 2030.
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