‘Phasing Down’ Rather Than ‘Phasing Out’ Fossil Fuels, India’s Intervention At COP26
3 years, 1 month ago

‘Phasing Down’ Rather Than ‘Phasing Out’ Fossil Fuels, India’s Intervention At COP26

ABP News  

New Delhi: A new climate agreement had been accepted by negotiators from around 200 countries at the COP26 summit on Saturday in Glasgow. The new climate agreement also includes a deal proposed by India to “phase down” fossil fuels rather than “phasing out”, reported PTI. The deal proposed by India regarding fossil fuels was criticised by several countries. The criticism came even after the Union Environment Minister, Bhupender Yadav raised concern as to how can developing nations be expected to promise “phasing out” coal and fossil fuel subsidies when they still have to deal with their development agendas and poverty eradication. Sharma concluded the summit and apologised for “the way this process has unfolded.” "I am deeply sorry," he said, amid criticism from some countries on the final agreed draft.

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