Russia, Saudi Arabia oppose G20 proposal to triple green energy capacity

News Snapshot:

Major fossil fuel producers, including Saudi Arabia and Russia, on Friday opposed a proposal to triple G20 countries’ renewable energy capacity by 2030, three sources said. China, the world’s biggest emitter of carbon dioxide, as well as coal exporters South Africa and Indonesia, also opposed the plan. India, as current holder of the G20 presidency, took a neutral stand on the issue, said the sources – two of whom attended the G20 meeting. The other was briefed on the talks. All declined to be identified as the talks were confidential. India’s power and external affairs ministries did not immediately respond...