JSW Steel rises 2% on gas supply worries HSBC raises Tata Steel target to ₹250 British Steel to supply 120,000 mt billet to Nigeria ₹3,200 crore Tata Steel EAF starts in Ludhiana
Britain will exit the Energy Charter Treaty due to its failure to align with net-zero emissions goals. The decision comes as part of the government's commitment to address climate change. The treaty, signed in 1994, aimed to protect foreign investments in the energy sector. However, critics argue that it has hindered efforts to transition to clean energy. By withdrawing from the treaty, Britain hopes to prioritise its climate goals and encourage other countries to do the same. The move reflects a global shift towards renewable energy and signifies Britain's commitment to lead by example in combating climate change.
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