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30Nov 2024

OPEC+: Balancing Global Oil Supply and Market Stability

Why in the news? Crude oil prices steadied after a rise in U.S. gasoline stockpiles and the postponement of an OPEC+ meeting, highlighting the alliance’s critical role in stabilizing global energy markets and influencing international economic trends. Overview of OPEC and OPEC+ : OPEC+ is a coalition of 22 oil-exporting countries formed in 2016 to …

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30Nov 2024

Air Pollution Crisis: A Shared South Asian Challenge

Syllabus: GS-2: Government Policies & Interventions GS-3: Environmental Pollution & Degradation Focus: Delhi’s air quality recently reached hazardous levels, with pollution spiking to 50 times the WHO’s safety limit. This recurring crisis highlights the urgent need for coordinated action to combat air pollution, a transboundary issue affecting millions across South Asia. The Severity of Air …

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25Nov 2024

Global Treaty on Plastic Pollution Faces Challenges

Why in the news? Over 170 countries are negotiating a treaty to address plastic pollution, with key debates over production limits, financial support, and national regulations, particularly involving India’s stance. Introduction to Global Plastic Pollution: Over 170 countries are negotiating a legally binding global treaty to curb plastic pollution, with a focus on marine pollution. …

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