COP28 provided a level-playing field to India towards the usage and growth of coal against oil and gas used by developed nations. India has been consistent that coal will remain a key component for meeting the countrys growing energy demand while renewable energy capacity will be scaled keeping in mind the transitioning to cleaner sources of power.
The Union minister said even though India decided to add 80 GW of coal-fired capacity by 2030, the country s total thermal capacity will come down from nearly 70% in 2014 to about 33% in 2030, which will be one of the largest reductions by any country.
The financial offering from rich states to poor is far too small since developing and poor nations have little to no capacity to invest in clean energy or adaptation in the near term, experts said
While no country disagrees with the danger of climate change, the problem is how one achieves the goal given the very different concerns, interests, and stages of economic development