What Does an Alliance to End Oil and Gas Mean for India?
The below paragraphs are from an op-ed published by The Economic Times website on December 3, 2021, and are reprinted with permission.
On November 11, at the recently concluded UN Climate Change Conference (COP 26) in Glasgow, the Beyond Oil and Gas Alliance (BOGA) was launched: a diplomatic initiative led by Denmark and Costa Rica to bring together ambitious governments committed to phasing out oil and gas production. In the aftermath of COP 26, India has been singled out for its resistance to international pressure on coal. But what stance would India adopt on the new oil and gas focused alliance?
To answer this question, we first need to understand why BOGA was created, and what it aims to do. The alliance is driven by the scientific consensus that there is no room left for fossil fuel expansion. This was a central focus of the Production Gap report, co-sponsored by the UN Environment Programme (UNEP), which found that countries plan to produce 120% more fossil fuels by 2030 than would be consistent with limiting global warming to 1.5°C. Similarly, IEA analysis has highlighted that no new development of fossil fuels is possible if we are to reach net-zero carbon emissions by 2050.
Read the full op-ed at The Economic Times website.
You might also be interested in
Putting Promises Into Practice: Clean Energy Transition Partnership signatories' progress on implementing clean energy commitments
This report reviews Clean Energy Transition Partnership signatories' progress on their pledge to shift international public finance into clean energy.
The geopolitical race for resources: Navigating the path to a successful energy transition
Examining the intersection of climate change, resource competition, and the energy transition, this opinion piece highlights challenges, consequences, and the need for sustainable innovation in achieving a successful transition.
Shifting S. Africa coal plant for clean energy needs millions in loans. Experts say that's a problem
Plumes of heat-trapping pollutants last billowed from the giant stacks of Komati Power Station in October, when the coal-fired plant that fed South Africa's hungry electrical grid for more than half a century was shut down to make way for a solar, wind and battery storage plant.
Emirates Leaders Declaration at COP 28 an Important Step in Advancing Resilient Food Systems
IISD welcomes the Emirates Leaders Declaration on Sustainable Agriculture, Resilient Food Systems, and Climate Action announced today at the 28th UN Climate Change Conference (COP 28).