Selling credits from wind farms and other activities to a company so it can offset pollution is seen as a way to help move money to climate-friendly projects
There is a need to enhance efficiency of coal-based power plants by reducing their emissions level, Union Minister R K Singh said on Tuesday. The Minister for Power, New and Renewable Energy made the remarks at NTPC's Indian Power Stations O&M Conference (IPS 2024) at Raipur. The event commemorates the historic commissioning of the first unit of NTPC at Singrauli in 1982, NTPC said in a statement. The minister said that transition to green energy should not be worrying as both thermal and renewable shall coexist. "The world is not against coal-based power. However, for our current and upcoming coal-based plants, it is the need of hour to develop a mechanism to ensure increasing efficiency while reducing emission," he said. He further said he appreciates NTPC's contributions to the power sector and that he envisions the company to double its capacity from current 73 GW to 150 GW and become a global, multi-national entity operating its power plants worldwide. The minister had ...
Gas distributor Maharashtra Natural Gas Limited (MNGL) said it has entered into a technology collaboration with US-based Heath Consultants Incorporated to ensure low-emission operations of its natural gas utility infrastructure. The Memorandum of Understanding (MoU), signed under the US-India Low Emissions Gas Task Force (LEGT), would provide MNGL and Heath to jointly identify opportunities in the areas of emissions abatement, underground utility damage prevention, and waste heat recovery, MNGL said in a statement. "Upon signing this MoU, we would work to convert such identified opportunities into specific implementable projects," MNGL managing director Kumar Shanker said in the company statement. Houston-headquartered Heath Consultants Incorporated will also offer its technical solutions to support MNGL in gas line location services, underground utility damage prevention, waste heat recovery, and low-emission valves. As per the agreement, Heath shall support MNGL in improving ...
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, ...
The future of fossil fuels is at the centre of the United Nations climate summit in Dubai, where many activists, experts and nations are calling for an agreement to phase out the oil, gas and coal responsible for warming the planet. On the other side: energy companies and oil-rich nations with plans to keep drilling well into the future. In the background of those discussions are carbon capture and carbon removal, technologies most, if not all, producers are counting on to meet their pledges to get to net-zero emissions. Sceptics worry the technology is being oversold to allow the industry to maintain the status quo. The industry needs to commit to genuinely helping the world meet its energy needs and climate goals which means letting go of the illusion that implausibly large amounts of carbon capture are the solution, International Energy Agency Executive Director Fatih Birol said before the start of talks. WHAT EXACTLY IS CARBON CAPTURE? Lots of industrial facilities like ...
Clubbing India with emitters like China and the US is completely unacceptable as its per capita emissions are "very low", a senior official of the European Parliament said on Saturday. Talking to PTI at the UN climate talks here, Peter Liese, a German politician and a member of the European Parliament, emphasised: "Indian people should be able to own a car when people in Germany own two cars." There have been concerted attempts to club India with major emitters like the US at climate negotiations despite its low per capita emissions. "It is very important to acknowledge for everybody that per capita emissions of the UAE, China and the US... they are very different from India. "Many people in Europe put China and India in the same basket and sometimes even with the Gulf states which is completely unacceptable. India has very low per capita emissions compared to these countries," he said. India's per capita carbon dioxide emissions rose by around five per cent last year to reach 2 .
India reduced its GDP emission intensity by 33 per cent between 2005 and 2019, achieving the target 11 years in advance, according to a government report. The report also said India's GDP grew at a cumulative annual growth rate of 7 per cent but its emissions rose by only 4 per cent per year during this period, suggesting that the country has been successful in decoupling its economic growth from planet-warming greenhouse gas emissions. The report called 'The Third National Communication to the United Nations Framework Convention on Climate Change' will be submitted to the UN climate change body during the ongoing climate talks in Dubai, officials said. National communications contain information on a country's greenhouse gas emissions, its vulnerability to climate change, and the measures any country is taking to mitigate emissions and adapt to the impacts of climate change. Environment Minister Bhupender Yadav said that India reduced its GDP emission intensity by 33 per cent betw
The Biden administration on Saturday issued a final rule aimed at reducing methane emissions, targeting the US oil and natural gas industry for its role in global warming as President Joe Biden seeks to advance his climate legacy. The Environmental Protection Agency said the new rule will sharply reduce methane and other harmful air pollutants generated by the oil and gas industry, promote use of cutting-edge methane detection technologies and deliver significant public health benefits in the form of reduced hospital visits, lost school days and even deaths. Air pollution from oil and gas operations can cause cancer, harm the nervous and respiratory systems and contribute to birth defects. EPA Administrator Michael Regan and White House Climate adviser Ali Zaidi announced the final rule at the United Nations climate conference in Dubai, United Arab Emirates. Oil and gas operations are the largest industrial source of methane, the main component in natural gas and far more potent th
UN-sponsored program aims to ensure high quality credits within internationally framework, offering investors greater certainty amid concerns that some existing voluntary projects do little
The stiff penalties stem from the upgrade in the Corporate Average Fuel Economy (CAFE) standard that went into effect in January of this year
The market is likely to initially cover heavily polluting industries including steel, cement, paper and pulp, petrochemicals and aluminum, subject to their readiness, said official
India has said that the first-ever Global Stocktake outcome should prioritise addressing pre-2020 gaps, capture equity as an overarching concern and acknowledge the serious lack of ambition among developed nations in combating climate change. Global Stocktake is a two-year UN review to evaluate collective global progress towards achieving the goals of the Paris Agreement. This process will conclude at the end of COP28 in Dubai. In a submission to the UNFCCC outlining its expectations from the Global Stocktake, India emphasised that the outcome should encourage developed nations to reduce their emissions in alignment with their historical responsibilities and provide support to developing countries in terms of finance, technology development and transfer, and capacity building. The Global Stocktake outcome must promote global climate action within the context of poverty eradication, sustainable development, economic diversification efforts, and closing gaps in social and economic ...
State Bank of India, the country's largest lender will encourage corporates to implement emission reduction technologies and get better terms for availing finance, an official of the bank said on Thursday. Ashwini Kumar Tewari, the managing director (risk, compliance and stressed assets resolution group), SBI, said that the bank will see how it can help corporates in this regard but at the moment does not ask them of their plans for net zero. At present SBI gives 25 basis points concession on interest rates for electric vehicles. At a later stage, corporates with a better ESG (environment, social and corporate governance) score will get better terms for getting finance from it, he said. "We don't ask for net zero plan from the companies now. Ultimately, we will go to it. We will start conversation with the corporates and that process will start," he said at the sidelines of the banking conclave organised by CII here. 'Net zero' emissions refer to the acheiving of an overall balance
A Nigerian environmental activist declared Wednesday at the first African Climate Summit that carbon markets are bogus solutions, providing a sharp reminder that not all of Africa's 1.3 billion people support richer countries using the continent's green spaces to offset continued polluting at home. The summit has sought to reframe the African continent, which has enormous amounts of clean energy minerals and renewable energy sources, as less of a victim of climate change driven by the world's biggest economies and more of the solution, with. But investment in the continent in exchange for the ability to keep polluting elsewhere has angered some in Africa who prefer to see China, the United States, India, the European Union and others rein in their emissions of planet-warming greenhouse gases. We reject forced solutions on our land, Priscilla Achakpa, founder of the Nigeria-based Women Environmental Programme, told summit participants on the event's final day. She urged the so-called
City gas distribution (CGD) utilities were among the first to feel the impact of rising fuel prices on demand last year after customers deserted them for alternative fuels
The International Maritime Organisation (IMO) has adopted interim guidance on the use of biofuels and biofuel blends, a resolution vehemently pushed by India at a maritime environment protection conference here. The London-based IMO is a specialised agency of the United Nations which is responsible for measures to improve the safety and security of international shipping and to prevent pollution from ships. The interim guidance adopted on Thursday at the 80th Session of the Maritime Environment Protection Committee (MEPC) of the IMO stressed that biofuels that have been certified by an international certification scheme, meeting its sustainability criteria and provide a well-to-wake GHG emissions reduction of at least 65 per cent compared to the fossil fuels can be used in the shipping industry. With this guidance coming into effect, India has great potential to be developed as a biofuel hub of the world. "We, with our highly sustainable second-generation biofuel, are the leaders i
2W dispatches up 15% YoY, auto body says all segments have posted growth this April, indicating smooth shift to BS VI Phase 2 emission norms
Two-wheeler dispatches increased by 15% to 1,338,588 units in April
Automaker Renault on Thursday said it has upgraded its entire product range conforming to the upcoming stricter emission norms in the country. The company's entire range, including Kiger, Triber and Kwid, will meet the second phase of BS VI emission norms which will kick-in from April 1 this year. With the implementation of the second phase of BS VI norms, all company cars will be equipped with a self-diagnostic device, the automaker said. The device will constantly monitor the vehicle's emission levels while driving, along with other critical emission devices such as the catalytic converter and oxygen sensors, it added. "The launch of new BS VI Step 2 compliant petrol engines across the range will ensure substantial reduction in emissions, thus contributing to a safer and cleaner environment," Renault India Operations Country CEO and Managing Director Venkatram Mamillapalle noted. The company has also added extra safety features in the product line up, he added. "Safety is of ..
Rule deferred as trial results were 'far from satisfactory'