Following on from Prime Minister Narendra Modi’s recent statements about “common but differentiated responsibilities”, a director for the country’s Bureau for Energy Efficiency has agreed to cut down on coal use if financial aid can be promised in return.
Renewable Energy Generation (REG) has become one of the most high-profile casualties of the government’s recent cuts to renewable energy after it sold-out to the US investment manager, BlackRock.
“In the next few days in Paris, the world will decide the fate of our planet” writes Indian Prime Minister, Narendra Modi, in a special piece for the Financial Times ahead of his involvement at the COP21 Climate Change Summit in Paris.
Prince Charles has opened up talks at the United Nations Paris Climate Change Summit with an emphatic call to action to world leaders, urging all to act now, lest we “become the architects of our own destruction.”
After the Committee on Climate Change on Thursday announced a plan to cut carbon emissions by 57% by the year 2032 it has emerged that in order to meet these standards, many newly built homes will have to be retrofitted with costly improvements.
A report has been released, which suggests that the largest oil and gas companies in the world may lose around £1.5tn ($2.2tn) because they have overestimated the future level of demand for the resources that they produce.
Sara Vaughan, the strategy and regulation director at E.on, has said that both the government and energy suppliers share the problem of cutting consumer energy use through energy efficient methods.