Understanding carbon debt, factors behind BRICS stance on fossil fuels, and why it matters at COP31
Even though this debate resurfaces at every UN Climate Change Conference, it is now underscored by the recent BRICS New Delhi declaration, where developing nations reasserted that fossil fuels must remain part of their energy mix, while also recognising the need to promote "just, orderly, equitable and inclusive energy transitions."
Hindustan Times1 source1 min readFiled October 3, 2026