G20 Summit 2024: Deadline to phase out fossil fuel seems elusive

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As the G20 summit in Rio de Janeiro, Brazil, nears its conclusion, hopes of a definitive timeline to phase out fossil fuels appear slim.

While some nations have pushed for bolder climate action, sources indicate that a consensus on fossil fuel reduction remains elusive, with geopolitical and economic factors playing a central role.

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Category: BusinessFinance

Markets: IndiaBrazil

Topics: G20 Summit 2024 China G20 Saudi Arabia Fossil fuel Russia

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 19:18:52 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 107 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23661094

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