Pursuing fossils differently
Financial Express Pune
|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.
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.
Cette histoire est tirée de l'édition May 16, 2025 de Financial Express Pune.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Financial Express Pune
Financial Express Pune
How winter pushes every car to its limits
BE IT ICE CARS OR EVS, THE SEASON CAN BE TOUGH
2 mins
December 20, 2025
Financial Express Pune
'Capacity limit costs Mumbai the hub race'
Adani Airport Holdings (AAHL) has laid down the expansion plans for its airport business, but for Jeet Adani, director airports, the larger strategic context is Mumbai's missed opportunity to become India's primary global aviation hub.
2 mins
December 20, 2025
Financial Express Pune
Crude import bill declines 11%
BARREL BENEFIT
1 min
December 20, 2025
Financial Express Pune
China to allow export of rare earths for civilian use
CHINA ON FRIDAY said it will approve export of its rare-earth metals for civilian use, amid India's persistent calls for Beijing to lift curbs and resume the export of precious metals needed to manufacture a host of modern products.
1 min
December 20, 2025
Financial Express Pune
Delhi govt schools choke, private ones turn to air filters
IN THE NURSERY section of an elite South Delhi school this week, the head of Junior School conferred urgently with a class teacher whose students had left the room for a few minutes at the change of periods.
2 mins
December 20, 2025
Financial Express Pune
Yen weakens across board after BOJ delivers rate hike
CENTRAL BANK SAYS IT WILL KEEP RAISING RATES IF FORECASTS MATERIALISE
1 min
December 20, 2025
Financial Express Pune
Funds for rural roads scheme see gross underutilisation
STATES’ SPENDING CAPACITY LIMITED
2 mins
December 20, 2025
Financial Express Pune
Real interest rates need to be lower: RBI guv
RESERVE BANK OF India (RBI) Governor Sanjay Malhotra believes real interest ratesboth headline and core-need to be lower, given the benign inflation outlook, minutes of the Monetary Policy Committee (MPC) meeting released on Friday showed.
1 min
December 20, 2025
Financial Express Pune
Europe agrees to lend 90 bn euros to Ukraine
UKRAINE THANKED THE EU for deciding to provide it with 90 billion euros ($105.46 billion) of support over the next two years-even if the bloc failed to agree on an ambitious plan to finance it using frozen Russian assets.
1 min
December 20, 2025
Financial Express Pune
TikTok signs deals with investors to avoid US ban
TIKTOK'S CHINESE OWNER, ByteDance, on Thursday signed binding agreements to hand control of the short video app's US operations to a group of investors, including Oracle, in a big step toward avoiding a US ban and ending years of uncertainty.
1 min
December 20, 2025
Listen
Translate
Change font size

