Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
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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