Carbon debt and the BRICS fossil fuel stance: What to watch at COP31
hindustantimes.comIndia's Hindustan Times piece looks at carbon debt, the idea that developed countries owe the rest of the world for historical emissions, and how that concept is shaping the BRICS position on fossil fuels ahead of COP31. It cites cumulative US and EU emissions since the 1890s and contrasts them with India's much smaller historical share. The article also explains the CBDR-RC principle and the argument that developing countries need finance and technology, not just pressure to cut emissions. Read it if you want context on why BRICS nations say fossil fuels must stay in their energy mix and why climate finance will be a flashpoint at the next UN climate summit. The piece quotes experts from CEEW, TERI, and Climate Action Network South Asia, but it does not offer concrete numbers on what a fair finance package would look like.
