Space Industry and Business News  
ENERGY NEWS
India vows to take up 'climate justice' combat at COP26
by AFP Staff Writers
New Delhi (AFP) Oct 27, 2021

India will be a fighter for "climate justice" at the upcoming COP26 summit, seeking to make rich nations pay for measures to ease rising temperatures, the country's environment minister said Wednesday.

And the world's third biggest source of greenhouse gases is not yet guaranteeing that it will offer new mitigation efforts at the crucial conference which starts Sunday in Glasgow.

India, along with the world's leading gas emitter China, is among dozens of countries still to submit fresh plans for cutting greenhouse gas emissions so they can become net zero -- eliminating as much carbon as they produce.

Environment Minister Bhupender Yadav said India would set out what extra efforts it is ready to make "at the appropriate place and the appropriate time."

India, whose Prime Minister Narendra Modi will be at the summit, said controlling carbon should be the COP26 priority over setting target dates to become net zero.

"It is how much carbon you are going to put in the atmosphere before reaching net zero that is more important," said R.P. Gupta, the environment ministry's top permanent official.

According to the ministry's figures, each Indian produces about 1.9 tonnes of carbon per year, against 7.1 tonnes for the average European Union citizen, 8.4 tonnes for a Chinese and 18 tonnes for the average American.

Yadav said assessing and financing the world's campaign to limit temperature rises will be one of the most crucial tasks at Glasgow.

"India will fill the role of the voice of developing nations," Yadav told a small group of journalists on the eve of his departure for the talks.

"India will be a path to a solution with climate justice."

The country of 1.3 billion people, and one of the world's fastest growing economies, has long insisted that countries who profited from past industrialisation -- Europe and North America -- should pay the lion's share of the climate crisis bill.

Yadav noted the concern of poorer nations that richer ones have failed to live up to promises made at earlier climate summits to provide hundreds of billions of dollars in financial aid and technology.

India has one of the world's leading solar power programmes, and US climate envoy John Kerry said that the country was "red hot" for solar investment.

But it currently counts on coal for about 70 percent of generated electricity and will have to spend more than $40 billion to dismantle just 14 percent of its oldest and dirtiest coal power stations, according to the Climate Policy Initiative think tank.

Gupta said that without finance for poorer nations "it becomes extremely difficult to have green development at our own cost."


Related Links



Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


ENERGY NEWS
Less than 1% fund assets Paris climate goal compliant
Paris (AFP) Oct 26, 2021
Only 158 investment funds with just 0.5 percent of assets under management are currently in line with Paris accord goals of limiting the increase in global temperatures, according to a study released Wednesday. The non-profit Carbon Disclosure Project (CDP) analysed over 16,500 investment funds with $27 trillion in assets, but found that over 60 percent of assets are aligned with global warming of 2.75 degrees Celsius. Under the 2015 Paris agreement nations agreed to try to keep the increase in ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

ENERGY NEWS
Energy-efficient separation of a greenhouse gas: New study from Pusan National University

Shape-shifting materials with infinite possibilities

Stronger than spider silk: Bagworm silk enables strong conducting fibers

Smart material switches between heating and cooling in minutes

ENERGY NEWS
France launches state-of-art military communications satellite

Space Systems Command awards $46.5 million contract for meshONE-Terrestrial

Cesiumastro deploys active phased array experimental satellites

US Space Force to take over SATCOM operations from Army, Navy

ENERGY NEWS
ENERGY NEWS
Thales Alenia Space to build prototype EGNOS ground station for ESA

Galileo ground control segment ready for full operational capability

France lops metre off Mont Blanc's official height

Enhanced BeiDou short message service displayed at int'l summit

ENERGY NEWS
Boeing reports Q3 loss as 787, Starliner woes drag down results

Fuel cells for air transport ground breaking ceremony for the BALIS test field in Empfingen

Flying green will be more expensive

Fly more, pollute less -- the great aviation conundrum

ENERGY NEWS
Northrop Grumman establishes new microelectronics packaging facility

Stretchy, bendy, flexible LEDs

Micron plans $150 bn push on domestic chip manufacturing, research

Towards ultra-low-energy exciton electronics

ENERGY NEWS
AMOS' compact hyperspectral instrument "ELOIS" to onboard a microsatellite soon

Better climate data through ten times more accurate satellite navigation

Researchers find standing waves at edge of earth's magnetic bubble

Bomb cyclone slams rain-starved US west, bringing floods

ENERGY NEWS
Twenty-four trillion pieces of microplastics in the ocean and counting

Blood samples of residents near 3M plant worry Belgium

Into the 'plastisphere': Scientists comb Japan waters to study new eco threat

Environment watchdogs condemn arrest of Ugandan activists









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.