Sunday, December 07, 2025 | 02:51 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Climate change push

Pvt sector participation is a welcome step

Climate Change, pollution, emission
premium

$15.14 trillion that gets spent globally on fossil fuel generation and production by 2040 is smaller than the $15.97 trillion spent on renewables and nuclear.

Business Standard Editorial Comment New Delhi
In a noteworthy coincidence, the US formalised its exit from the Paris agreement on climate change last week to save its industry from slashing its carbon footprint whereas Indian corporate houses came forward voluntarily to cut down their emissions to help the country meet its climate-related obligations. Twenty-four leading private business houses issued a joint declaration on climate change, vowing to take the needed measures to achieve carbon neutrality. The modus operandi would be to set achievable targets for reducing greenhouse gas (GHG) emissions, and energy-efficiency enhancement. The climate change mitigation measures to achieve the goals would include greater use