In COP28 final agreement, a big win for oil and gas

The Dubai conference, in its call for a transition away from fossil fuels, singles out coal for a phase-down while letting oil and gas off the hook.

13 December, 20236 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Business
Story image

Regulator deals a big blow to IEX’s monopoly on power trading

India's largest, most dominant power exchange is staring at market share and earnings loss after a key decision by the electricity regulator. Shareholders are not happy. Separately, a big win for climate litigation globally.

Business
Story image

On air pollution, power producers get a hall pass

India has rolled back rules that require thermal power plants to install equipment to cut sulphur dioxide emissions, marking yet another failure in the fight against air pollution.

Business
Story image

Has IndiGrid cracked the green finance code?

Blending capital from investors with varying risk appetite to fund green projects has emerged as a reliable model for the KKR-backed InvIT—its latest for India's largest battery energy storage project being an example.