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Pursuing fossils differently

Financial Express Delhi

|

May 16, 2025

As we all know, during the 21st Conference of Parties (COP21) in Paris in 2015, it was decided that we should try and limit the rise in the earth's temperature to 1.5 degrees centigrade by 2100 when compared to the pre-industrial era.

- SOMIT DASGUPTA

Of course, 1.5 °C is the mean temperature, which implies that certain parts of the planet would be above 1.5 °C. The fact is that we have already crossed the mean temperature of 1.5 °C in 2024, as reported by some organizations. Each successive report of the United Nations Framework Convention on Climate Change (UNFCCC) paints a picture that is more grim when compared to the previous one. Similar concerns have been raised by other organizations, such as the World Resources Institute and the United Nations Development Programme in their publications titled the State of Climate Action and Climate Inequality Report, respectively. In order to give a fillip to renewable power generation, it was agreed (during COP28) that renewable capacity should be trebled and that energy efficiency should be doubled by 2030. These are noble thoughts but not easy to implement due to various reasons; however, it is not the objective of this piece to elaborate on this.

MÁS HISTORIAS DE Financial Express Delhi

Financial Express Delhi

Bets of RBI buying, lower state debt sale lift bonds

BENCHMARK GOVERNMENT BONDS gained for a third straight session on Thursday as traders grew more confident of the buying support from the Reserve Bank of India (RBI) and ahead of another reduction in state debt auctions next week.

time to read

1 min

January 23, 2026

Financial Express Delhi

Battery PLI loses charge

ONLY 2.8% OF TARGETED CAPACITY COMMISSIONED SO FAR

time to read

2 mins

January 23, 2026

Financial Express Delhi

Emergent eyes production-grade AI software

EMERGENT, A YEAR-OLD artificial intelligence (AI) startup founded by Dunzo co-founder Mukund Jha, is positioning itself around the idea that the next phase of software creation will be driven by non-programmers building full-fledged applications using Al, ratherthan developers writing code line by line.

time to read

1 mins

January 23, 2026

Financial Express Delhi

Bangladesh defiant: Will play, not in India

AFTERICC ULTIMATUM ON WORLD CUP PARTICIPATION

time to read

2 mins

January 23, 2026

Financial Express Delhi

Scrappage policy needs strong incentives: Ashok Leyland CEO

DEMAND UNLOCK

time to read

2 mins

January 23, 2026

Financial Express Delhi

Musk: AI robots will eventually outnumber us

ELON MUSK, A longtime critic of the World Economic Forum's (WEF) annual event in Davos, Switzerland, appeared at the gathering for the first time on Thursday, and predicted that robots will eventually outnumber humans.

time to read

1 min

January 23, 2026

Financial Express Delhi

Walmart to sell ₹9,173-cr stake in PhonePe IPO; Microsoft to exit

FINTECH MAJOR PHONEPE'S upcoming initial public offering (IPO) will see its parent Walmart partially offloading its stake, while investors Tiger Global and Microsoft Global Finance will look to sell their entire holdings.

time to read

1 min

January 23, 2026

Financial Express Delhi

Trump's Board of Peace off to a rocky start in Davos

G7 COUNTRIES OPT TO STAY ON THE SIDELINES

time to read

1 min

January 23, 2026

Financial Express Delhi

Duroflex to step up omnichannel push

EYEING GROWTH Duroflex plans to raise ₹184 crore in fresh issue by the end of 2026 It plans launch of 120 stores from the IPO proceeds The IPO will comprise an offer for sale of over 22.5 mn shares

time to read

1 mins

January 23, 2026

Financial Express Delhi

IndiGo Q3 profit falls 78% on Dec trouble

INTERGLOBE AVIATION, WHICH operates IndiGo, on Thursday reported a sharp fall in its October-December profit after onetime charges linked to widespread flight disruptions in December dragged earnings well below market expectations, even as revenue grew at a modest pace.

time to read

1 min

January 23, 2026

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