Versuchen GOLD - Frei
India's pollution level soars as does fossil fuel use, climate fight gets tougher
Business Standard
|November 15, 2024
Even as the talk of the undying smog in northern India finds reverberations in the vast, cold corridors of the Olympic stadium in Baku, a major fossil-fuel producer and host of the 29th edition of the annual United Nations climate-change summit, two critical reports, released on the sidelines of COP 29, reflect India's growth conundrum.
The first was new data from the 2024 Global Carbon Budget project, a peer-reviewed collaboration of more than 100 experts led by Pierre Friedlingstein, at the University of Exeter, UK, released on November 13, showing India to be the fastest-growing emitter of greenhouse gases from fossil fuels; the second, a report by the United States Energy Information Administration (EIA), released on the same day, noted India's elevation as the leading source of growth in global oil consumption.
What is unclear is the cause of this.
But the fresh data puts further pressure on New Delhi to clean up its air even as Indian negotiators have huddled in the chilly environs of Baku to stave off pressure from wealthy, Western nations pointing fingers at developing countries for increasing emission and burning more oil and coal.
Developing nations, led by India, are trying to secure $1.3 trillion in transfer from rich nations to the developing world as reparations for historical pollution while trying to preserve the carbon budget to grow their economies.
Diese Geschichte stammt aus der November 15, 2024-Ausgabe von Business Standard.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Business Standard
Business Standard
TVS Mobility, Palfinger to jointly set up ₹350 cr plant
Austrian lifting solutions major Palfinger has entered into a strategic partnership with TVS Mobility Group to strengthen its India presence, committing an initial investment of €30 million (around ₹350 crore) to set up a manufacturing facility in Pune.
1 min
February 23, 2026
Business Standard
Trump may turn to old trade laws after SC tariff blow
The United States (US) Supreme Court striking down the use of the International Emergency Economic Powers Act (IEEPA) in imposing country-specific “reciprocal” tariffs has forced President Donald Trump and his trade team to look for alternative legal routes to revive tariff action.
3 mins
February 23, 2026
Business Standard
UPI’s int'l volumes cross 1 mn, nearly 2x from last year
Internationally, the transaction volume of India’s flagship real-time payments system, Unified Payments Interface (UPI), crossed the one-million mark for the first time in 2025-26 (FY26).
1 min
February 23, 2026
Business Standard
Acceleration of AI diffusion must to benefit all, say experts
The AI Impact Summit may have seen administrative hiccups and minor disruptions in its early days, but the message from the five-day event is clear — if artificial intelligence (AI) is to benefit all, its diffusion must accelerate, said experts.
1 mins
February 23, 2026
Business Standard
Hospitals becoming insurers could ease health care costs: Devi Shetty
‘The tussle between hospitals and insurance companies over claims and treatment costs could potentially be resolved if more hospital chains launch their own insurance arms, said Devi Shetty, chairman and founder of Narayana Health.
2 mins
February 23, 2026
Business Standard
Correct error by filing updated ITR; pay tax, interest and added levy
If your claim was genuine, submit documents to back it up
3 mins
February 23, 2026
Business Standard
Household equity ownership rises by ₹10 trillion during Apr-Dec
Domestic household equity holdings rose by around ₹10 trillion during the first nine months of financial year 2026 (9MFY26), taking the cumulative accretion since April 2020 to nearly ₹57 trillion, according to the National Stock Exchange of India’s Market Pulse report.
1 mins
February 23, 2026
Business Standard
One target or five: Siam opposes BEE'S CAFE 3 reset
The Society of Indian Automobile Manufacturers (Siam) has opposed the Bureau of Energy Efficiency's (BEE's) latest proposal to prescribe separate, tightening industry-wide carbon dioxide (CO2) emission targets for each year from 2027-28 (FY28) to 2031-32 (FY32) under the upcoming Corporate Average Fuel Efficiency 3 (CAFE 3) norms, Business Standard has learnt.
2 mins
February 23, 2026
Business Standard
Counting the price of safety
Risk-based premium on deposit insurance will test banks and their ability to raise resources, reports Raghu Mohan
3 mins
February 23, 2026
Business Standard
AI for all
New Delhi summit takes the world forward
2 mins
February 23, 2026
Listen
Translate
Change font size
