India: Rich Economies Must Help Foot Our Energy Transition Bill ...Middle East

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Wealthy economies must help with financing India’s energy transition, Bloomberg reported this week, citing the country’s Environment Secretary. “Every policy decision has a cost to the economy. Going net-zero or using less carbon also has a cost,” Rameshwar Prasad Gupta said in an interview. “We are not anti-net-zero. But without adequate climate finance being definitively available, we can’t commit on that part.” The official’s comments add to worries about the cost of the energy transition, especially…

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