Page 19 - Climate Change

JSW Group ties up with Finland-based Coolbrook for low-carbon emission tech

JSW Group on Thursday said it has partnered with Finland-based firm Coolbrook to implement a low carbon emission technology at its Vijayanagar plant in Karnataka. In a statement, JSW Group said the partnership follows Coolbrook's successful completion of the first phase of large-scale pilot tests for RotoDynamic Technology at the Brightlands Chemelot Campus in the Netherlands in 2023. "This strategic partnership will focus on implementing Coolbrook's RotoDynamic Heater (RDH) Technology at JSW's manufacturing sites at Vijayanagar Works in Karnataka with the primary goal of achieving low CO2 emissions in steel and cement production," it said. The RDH technology utilises renewable electricity to power high-temperature industrial processes in steel and cement production, significantly reducing the need to burn fossil fuels, JSW Group said. "Deployment of RDH Technology is expected to have a sizeable impact on the decarbonisation of the group's manufacturing process," P K Murugan, ...

One Nation, One Pass: Forest produce portal gets 24K applications

Transit permits are issued for tree species that are regulated, while the users can self-generate No Objection Certificates for exempted species

2023 recorded hottest year ever as Earth nears critical 1.5C limit

"This has been a very exceptional year, climate-wise... in a league of its own, even when compared to other very warm years," C3S Director Carlo Buontempo said

India Inc concerned about CBAM's impact on supply chain: PwC study

India has set an ambitious goal of generating around 50 per cent of its installed electric power capacity from non-fossil fuel-based energy resources by 2030

'Largest since Madison event': Prep begins for Hello Modi event in UAE

Likely last foreign visit before Lok Sabha polls

The one-in-five achievement

From every fifth car sold this year expected to be electric to the rise of robotrucks, the landscape of sustainable technologies is evolving rapidly

Maldives as tourist hub: Its history and what lies ahead for island nation

Maldives, with a population of 550,000 people dispersed across 185 islands, has become a popular tourist hub in the last five decades and today attracts about 25% of its GDP directly from tourism

Dip in rain, sunshine hours in U'khand's Terai region over 40 yrs: Research

The Terai region of Uttarakhand has recorded a significant reduction in rainfall and a noticeable shift in temperature patterns over a 40-year period starting from 1981 and this might negatively impact crop production in the area, according to a new research. The research conducted by scientists at the G B Pant University of Agriculture and Technology in Uttarakhand found out that the minimum temperature in the region has risen noticeably, while the maximum temperature has not changed significantly, indicating a narrowing range of temperatures. This shift could cause crops to mature prematurely, leading to reduced crop yields, according to the study published in the "Mausam Journal" of the India Meteorological Department (IMD) last week. "The actual decrease in rainfall, sunshine hours and evaporation over 40 years in the Terai region of Uttarakhand is about 58.621 mm, 1.673 hour and 1.1 mm," the study said. The decrease in these climate factors could be attributed to reasons such

Hundreds evacuated, 38 rescued from floods in Australia after heavy storms

Hundreds of people were ordered to evacuate their homes on Monday after flooding inundated parts of Victoria state, as wild weather continues to batter Australia's southeast. The issue was ordered for badly hit areas in the small towns of Seymour and Yea, about 70 miles north of Melbourne. Authorities told residents and tourists to leave immediately as floodwaters rose to dangerous levels. Multiple flood and thunderstorm warnings were in place across Victoria with the deluge filling streets with water. Authorities rescued 38 people from flooding and almost 1,000 calls were made for help, Victoria State of Emergency Services said. Rainfall in the northeast of Victoria was expected to reach more than 200 millimeters (7.88 inches). Authorities warned that flooding above the floor level of a single-story house was likely, and access to key roads would be difficult. The area is popular with vacationers. If you live in a flood-prone area, please make the necessary plans. Especially peop

Climate change driving birds in mountains to higher elevations: Study

Logged forests and climate change are driving birds in tropical mountains to higher elevations due to rising temperatures, a research by the Indian Institute of Science has found. While smaller bird species are able to withstand higher temperatures, and thus colonise these logged forests better, the larger ones appeared to be increasing in the primary (undisturbed) forests, researchers found after analysing 10 years of data. Logged forests refer to the commercial cutting of trees for sale as timber or pulp. Such forests have higher average temperatures and lower humidity than primary forests, thus hastening the movement of birds to higher elevations, the researchers said. Logging can thus lead to the loss of large-bodied, old growth-dependent species, and decrease the overall biodiversity, they said. Further, logged forests also have fewer foliage-dwelling insects, reducing the available resources for the birds. As large species require more energy, this disproportionately reduces

TMS Ep600: PV growth, climate change authority, markets, Muhammad Yunus

Can RBI slam the brakes on PV sales growth? Does India need a climate change resilience authority? Which sectors will be on FPIs' radar in 2024? Who is Muhammad Yunus? All answers here

Indian CBG industry will see interest from investors: EverEnviro MD

EverEnviro Managing Director & Chief Executive Officer Mahesh Girdhar speaks about India's second stab at Compressed Bio-Gas, after an initial attempt to convert waste-to-gas failed

India to build 2 billion-tonne coal stock by 2030, then hit pause button

According to the projections of the Ministry of Coal, the demand for coal will be close to 1.5-1.8 bt by 2030

Year ender 2023: Here's a look at top critical tech deals between India, US

Politically, the sharing is made easy by the fact that after plenty of years, both nations will have governments that will have their mandate in the same year at the same time

Best of BS Opinion: Global trade disruption, Tapping the many Indias & more

Here is the best of Business Standard's opinion pieces for today

Global trade disruption

Shipping routes can increase vulnerability

No alternative to green industrial strategy

Sustainable growth requires an industrial policy that prioritises outcomes like clean growth and healthy ageing, moving away from the traditional focus on sectors

CEA reiterates India's stand for more climate funds from developed nations

Citing studies by the United Nations agencies and independent studies, the report said that the developed world has fallen short on its climate action

SBI to sign 200 mn euro LoC with EIB to support climate action projects

State Bank of India (SBI) on Thursday said it will sign a 200 million euro (about Rs 1,800 crore) Line of Credit (LoC) with the European Investment Bank (EIB) for supporting climate action projects in the country. The agreement will be signed on December 21 at the bank's IFSC Gift City Branch in Ahmedabad, SBI said in a regulatory filing. The loan document will become operational, subject to necessary approvals, it said. Earlier this month, SBI signed a 70 million euro (about Rs 630 crore) LoC with German Development Bank KfW for promoting solar projects in the country. The LoC is aimed at supporting Solar Photovoltaics (PV) projects in India.

FinMin economic advisors question rating agencies' view on India's progress

Criticise "unilateral measures" by advanced economies to combat climate change