The group assembled by Gates, known as Breakthrough Energy Ventures, is among the biggest backers of over 800 carbon removal firms that have been started in recent years
India and Sweden can deepen their collaboration in innovation and green technology with a focus on addressing global climate challenges through sustainable industrial practices and renewable energy solutions, Swedish officials said. Officials of the Embassy of Sweden and Business Sweden, during an interaction with PTI, emphasised the shared potential for innovation and large-scale implementation of sustainable practices. "Sweden is a leader in green technologies while India has unparalleled capacity for large-scale implementation of the same. Together we can explore technologies like green hydrogen, carbon capture and circular economy practices," said Christian Kamill, Deputy Head of Mission, Embassy of Sweden. He highlighted areas like green hydrogen, carbon capture and circular economy practices as promising avenues for collaboration. Kamill also pointed to Sweden's strides in renewable energy and transport electrification, noting that over 50 per cent of Sweden's energy already
About 8.4 billion tonnes of carbon is estimated to have been accumulated and stored in long-lasting products from around the world made by humans, such as plastics and buildings, between 1995 and 2019, according to a study. Researchers at the University of Groningen in the Netherlands said this 'fossil carbon' added to the 'technosphere' -- the sum of all human-made objects, both in use and discarded -- equals around 93 per cent of carbon dioxide emissions from around the world in 2019. They added that the carbon locked up in the 'technosphere' has a huge potential to add to greenhouse gas emissions. Increasing the lifetime of products and recycling rates are two ways to reduce the amount of fossil carbon entering waste streams, the researchers suggested. "Over these 25 years (1995-2019), 8.4 billion tons of fossil carbon have accumulated, with approximately 0.4 billion tons added each year, with a huge potential for further contribution to anthropogenic greenhouse gas emissions,"
As India experiences rapid economic growth, the need to decouple carbon emissions from economic expansion by leveraging technology has become increasingly urgent, according to Hisham Mundol, the Chief Advisor for the Environmental Defense Fund (EDF) in India. In an interview with PTI, Mundol stressed the transformative role technological innovation can play in achieving sustainable development while addressing the challenges posed by climate change. India, the world's fifth-largest economy, is currently undergoing a period of swift industrialisation and economic expansion. Its Gross Domestic Product (GDP) has consistently grown at rates that position it as one of the fastest-growing major economies. However, this rapid progress comes with a surge in energy demand, predominantly fuelled by coal and other fossil fuels. Although India's historical contribution to global carbon emissions remains modest -- at just 4 per cent -- its future emissions trajectory is under global ...
India-EU FTA was launched in June 2022. Nine rounds of negotiations have already taken place
MSIL plans to launch its first electric car in India in January 2025. Not just MSIL, Hyundai and Kia will also launch their first mass-market electric cars in India next year
India's Prime Minister Narendra Modi has set 2070 as the target for achieving net zero emissions, two decades later than what scientists recommend to avoid catastrophic climate impacts
Commerce and Industry Minister Piyush Goyal on Monday called for promoting sustainable consumption patterns to cut carbon footprint and resolve issues of environment. He said that people of the world would have to focus on consuming products which are environmentally sustainable. "We need to be conscious of the waste and carbon footprint due to our current lifestyle patterns. This is going to be a core of a better future for the world. Unless we address the consumption patterns, we are not going to resolve sustainability and environmental challenges," Goyal said. The minister was addressing CII's Partnership Summit here. He added that environmental challenges are not a function of the carbon emitted through manufacturing, but "it is a greater function of the carbon caused by (our) consumption because manufacturing comes only because there is a consumption demand". He suggested managing that demand in a better and more sustainable way. Speaking at the event, M K Nir Barkat, Minist
Commerce and Industry Minister Piyush Goyal on Monday called for promoting sustainable consumption patterns to cut carbon footprint and resolve issues of environment. He said that people of the world would have to focus on consuming products which are environmentally sustainable. "We need to be conscious of the waste and carbon footprint due to our current lifestyle patterns. This is going to be a core of a better future for the world. Unless we address the consumption patterns, we are not going to resolve sustainability and environmental challenges," Goyal said. The minister was addressing CII's Partnership Summit here. He added that environmental challenges are not a function of the carbon emitted through manufacturing, but "it is a greater function of the carbon caused by (our) consumption because manufacturing comes only because there is a consumption demand". He suggested managing that demand in a better and more sustainable way. Speaking at the event, M K Nir Barkat, Minist
Had he continued working aboard fuel-powered cargo ships, Yann Jourdan reckons he'd be earning perhaps four times what he now gets as captain of a sailboat that instead uses the wind's clean energy to transport goods across the Atlantic. But the hit to Jourdan's pay is buying him peace of mind. When his 3-year-old son, Marcel, grows up, the burly French mariner wants to be able to explain what he did to make a dent in the the shipping industry's huge carbon footprint. The international merchant fleet of more than 100,000 ships transports more than 80% of global trade. But it's also responsible for about 3% of global greenhouse gas emissions. Without a quick switch from dirty fuels to cleaner energies, its pollution is forecast to soar. Mariners pushing for wind power say investors used to view them as something of a joke. But as they pioneer a comeback for sail-powered cargo ships, they're having the last laugh. It's our job to prove that it's possible, Jourdan said aboard the new
The companies plan to distribute 2,000 improved cookstoves and work to replace invasive plant species
UN Climate Change chief Simon Stiell lauded the passage and said that carbon markets would enable flow of $250 billion in annual financing
The transport sector is the second-highest emitter of carbon dioxide (CO2) globally, after the electricity and heat production sector
Talks over prospective future deals also are taking place with Germany and Sweden
The agreement, clinched roughly a decade after international talks on forming the market began, hinged on how to ensure credibility in the system so it can reliably lead to reductions in greenhouse
In a landmark decision at the first day of the global climate talks here, COP29 have officially adopted the new operational standards for a mechanism of the Paris Agreement under Article 6, setting the stage for a global carbon market. This adoption of article 6.4, achieved during the Conference of the Parties serving as the meeting of the Parties to the Paris Agreement (CMA), sets the stage for operationalising Article 6, which has faced years of deadlock. Article 6 of the Paris Agreement facilitates international collaboration to lower carbon emissions. It offers two pathways for countries and companies to trade carbon offsets, supporting the achievement of emission reduction targets set in their climate action plans, or nationally determined contributions (NDCs). The first option, known as Article 6.2, allows two countries to establish a bilateral carbon trading agreement under their own terms. The second, Article 6.4, seeks to develop a centralised, UN-managed system to enable
Vehicular emission is the top contributor to Delhi's pollution during winter season--more than stubble burning, road dust or bursting of fire crackers -- with over 50 per cent of pollution from local sources linked to city's fragmented transportation system, according to the Centre for Science and Environment (CSE). An estimated 1.1 million vehicles enter and exit Delhi daily, further worsening the air quality. The traffic caused from this vehicle influx intensifies pollution, particularly nitrogen oxides (NOx), which account for 81 per cent of NOx pollution in Delhi. According to data presented by the CSE, local pollution sources in Delhi account for 30.34 per cent of the city's air pollution (50.1 per cent of which is contributed through transportation), while 34.97 per cent originates from the neighbouring NCR districts and 27.94 per cent from other areas. Stubble burning contributes only 8.19 per cent to Delhi's pollution levels. These data points are based on the CSE's analysi
Global greenhouse gas emissions hit record highs in 2023. At the same time, Earth experienced its hottest year
The Biden administration is awarding nearly USD 3 billion to boost climate-friendly equipment and infrastructure at ports across the country, including Baltimore, where a bridge collapse killed six construction workers in March and disrupted East Coast shipping routes for months. President Joe Biden announced the federal funding Tuesday during a visit to the city's main port, saying the money will improve and electrify port infrastructure at 55 sites nationwide while supporting an estimated 40,000 union jobs, reducing pollution and combating the climate crisis. The presidential visit, a week before Election Day, was intended to highlight efforts by Biden and Vice President Kamala Harris to promote clean energy while protecting and creating jobs. Ports are the linchpin to America's supply chain,' Biden said in a speech at Dundalk Marine Terminal, near the site of the March 26 bridge collapse that closed commercial shipping traffic for nearly three months. A small blue and white sign .
Delays in setting up a carbon market in India have become a pressing concern now, especially after a UN body warned this week of the perils of going slow on emission reductions