Business Standard

Page 2 - Greenhouse Gas Emissions

India's per capita coal emissions surged by 29% in 7 years: Analysis

India saw a 29 per cent increase in per capita coal emissions in 2022 as compared to 2015, while G20 per capita coal emissions rose by about 9 per cent from 1.5 tonnes of carbon dioxide in 2015 to 1.6 tonnes of carbon dioxide in 2022, according to a new analysis by global energy think tank 'Ember'. The annual report on 'Changes in per capita coal power emissions of G20 countries' also found that 12 out of 20 G20 economies saw declining per capita coal emissions since 2015. "However, G20 per capita coal emissions slightly increased by about 9 per cent from 1.5 tonnes of carbon dioxide in 2015 to 1.6 tonnes of carbon dioxide in 2022. India saw a 29 per cent increase in seven years in per capita coal emissions compared to 2015," said the report which focuses on global transition to clean electricity. Dave Jones, Global Insights Lead, Ember said China and India are often blamed as the world's big coal power polluters. "But when you take population into account, South Korea and Australi

India's per capita coal emissions surged by 29% in 7 years: Analysis
Updated On : 05 Sep 2023 | 7:16 PM IST

India's steelmaking goals risk quadrupling emissions, says report

The world's second-biggest crude steel producer aims to achieve its steelmaking capacity goal of 300 million tonnes by 2030, and aims to be a net zero emitter of greenhouse gases by 2070

India's steelmaking goals risk quadrupling emissions, says report
Updated On : 20 Jul 2023 | 8:05 AM IST

Shipping industry's net zero target could be set to flexible deadline

The shipping industry's carbon neutral deadline could be reset to a flexible 'mid-century' deadline considering the national circumstances, a relaxation from the strict 2050 goal that was actively deliberated among the member states of the International Maritime Organisation (IMO). The crucial 80th session of the Maritime Environment Protection Committee (MEPC) of the IMO is likely to reach a consensus, mostly considering the demand from the developing nations, to reset the carbon neutral goal to mid-century, with interim goals of reduction of GHG emissions 20 per cent by 2030 and 70 per cent by 2040. "These targets seem to be achievable with a mid-century deadline, considering the national circumstances," Ajithkumar Sukumaran, Additional DG, Shipping, and an Indian delegate at the MEPC 80, told PTI. Most of the developing nations have been lobbying for the mid-century target -- could be 2051, 2052 or 2053, insisting on not strictly fixing 2050 as the year for achieving net zero. T

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Updated On : 05 Jul 2023 | 8:37 PM IST

Monday was the hottest day ever as global temperatures rise, shows data

The average worldwide temperature was 17C (63F), just above the previous record of 16.9C reached in August 2016, according to data from the National Centers for Environmental Prediction

Monday was the hottest day ever as global temperatures rise, shows data
Updated On : 05 Jul 2023 | 10:14 AM IST

Top 5 GHG emitting nations responsible for 40% food supply emission in 2019

Food consumption in the five highest greenhouse gas (GHG) emitting countries, including India, was responsible for more than 40 per cent of global food supply chain emission in 2019, according to a study. The research, published in the journal Nature Food, found that action to protect the planet against the impact of climate change will fall short unless emissions are reduced from the global food system, which now makes up a third of man-made GHG emissions. The largest emission increase within food supply chains is triggered by beef and dairy consumption in rapidly developing countries, such as China and India, while emissions per head in developed countries with a high percentage of animal-based food declined, the researchers said. The team noted that the growth of the global population and rising demand for emission-intensive food are likely to boost emissions further. "A global shift in diets, including reducing excessive intake of red meat and improving shares of plant-based ..

Top 5 GHG emitting nations responsible for 40% food supply emission in 2019
Updated On : 16 Jun 2023 | 2:40 PM IST

European Union's carbon emissions fall in climate boost as economy grows

Emissions in the EU fell by 4% in the fourth quarter compared with a year earlier, according to Eurostat data published Monday. Gross domestic product climbed 1.5% over the same timeframe

European Union's carbon emissions fall in climate boost as economy grows
Updated On : 15 May 2023 | 7:49 PM IST

EPA proposes new limits on greenhouse gas emissions from power plants

The Biden administration proposed new limits on Thursday on greenhouse gas emissions from coal- and gas-fired power plants, its most ambitious effort yet to roll back planet-warming pollution from the nation's second-largest contributor to climate change. A rule unveiled by the Environmental Protection Agency could force power plants to capture smokestack emissions using a technology that has long been promised but is not in widespread use in the US. "This administration is committed to meeting the urgency of the climate crisis and taking the necessary actions required,' EPA Administrator Michael Regan said during Thursday's announcement. The new rule will significantly reduce greenhouse gas emissions from fossil fuel-fired power plants, protecting health and protecting our planet," Regan said. The plan would not only improve air quality nationwide, but it will bring substantial health benefits to communities all across the country, especially our frontline communities ... that hav

EPA proposes new limits on greenhouse gas emissions from power plants
Updated On : 11 May 2023 | 11:44 PM IST

UBS is buying Credit Suisse's greenhouse emissions burden too: Report

Just as UBS is sorting through Credit Suisse's assets, properties and personnel, it's also taking on its former rival's carbon emissions

UBS is buying Credit Suisse's greenhouse emissions burden too: Report
Updated On : 22 Mar 2023 | 9:33 PM IST

How shipping industry is trying to clean up its biggest, dirtiest problem

A 2022 report concluded container ships can reduce fuel consumption and CO2 emissions by 14% per voyage if they optimize their speeds

How shipping industry is trying to clean up its biggest, dirtiest problem
Updated On : 14 Mar 2023 | 5:24 PM IST

World's transition to net-zero should be inclusive, says ITC CMD Puri

The process of the world's transition towards 'net-zero' needs to be inclusive to avoid accentuation of social inequality challenge and the 'exemplary progress' made by India in the area is worthwhile for the global community to look at, ITC Chairman and Managing Director Sanjiv Puri said on Monday. In his address at the Business-20 (B20) India inception meeting here, Puri also called for collective efforts in the G-20 and global community to come together to find solutions in a collaborative fashion for a sustainable future. "The fact that the world has to transition to net-zero, the fact that the world needs to move to a more sustainable and greener future is well acknowledged and understood. However, as we all know, progress has not been adequate," Puri said at the meeting organised by CII. There are challenges, there are critical, financial and social issues that need to be addressed, to accelerate progress, he added. "It is important as we traverse this complex journey that th

World's transition to net-zero should be inclusive, says ITC CMD Puri
Updated On : 23 Jan 2023 | 5:55 PM IST

IEX forms subsidiary to explore business opportunities in carbon market

Indian Energy Exchange (IEX) on Tuesday announced setting up a wholly-owned subsidiary, International Carbon Exchange Private Ltd (ICX), to explore business opportunity in the voluntary carbon market. The ICX will enable participants to buy and sell voluntary carbon credits at competitive prices through its transparent & reliable platform and facilitate reduction of global GHG (green house gases) emission by 45 per cent by 2030 to get on track to limit global warming to 1.5 degrees, an IEX statement said. The new company will facilitate corporates to meet their climate commitments goals. The Exchange platform will provide a robust market signal for attracting further investments in the sustainable projects and help corporates to allocate capex towards energy transition in most optimum manner, it added. As per industry estimates, the annual demand for voluntary carbon credit globally is expected to reach around 1.5 Gigatons, with India contributing around 200 million tonnes by ...

IEX forms subsidiary to explore business opportunities in carbon market
Updated On : 28 Dec 2022 | 1:20 AM IST

Italy's greenhouse gas emissions rising despite lower energy use: Report

Italy's greenhouse gas emissions are rising despite lower energy consumption, reflecting a move toward high-emissions energy sources

Italy's greenhouse gas emissions rising despite lower energy use: Report
Updated On : 22 Dec 2022 | 8:59 AM IST

European Union govts reach deal on emissions trading, social climate fund

European Union governments and lawmakers have reached a deal on key elements of the 27-nation bloc's green deal, reforming the EU's trading system for greenhouse gas emissions and creating a new hardship fund for those hardest-hit by measures to curb climate change. The two sides on Sunday agreed to push European industries and energy companies to cut their emissions by speeding up the phase-out of free pollution vouchers. Doing so makes each ton of carbon dioxide that's released into the atmosphere more expensive for polluters. The EU's executive Commission said the measure would require European industries to reduce their emissions by 62% by 2030 from 2005 levels, compared to a target of 43% under the previous rules. To ensure a level playing field, the EU will also introduce a tax on foreign companies that want to import products which don't meet climate-protection standards European companies have to comply with. The so-called Carbon Border Adjustment Mechanism was agreed to las

European Union govts reach deal on emissions trading, social climate fund
Updated On : 19 Dec 2022 | 8:22 AM IST

Nasa says its sensors will detect methane produced by landfills globally

Nasa sensors will soon help scientists detect methane emitted by landfills across the globe, according to the US space agency

Nasa says its sensors will detect methane produced by landfills globally
Updated On : 15 Dec 2022 | 11:38 AM IST

Maruti Suzuki seeks correct accounting of GHG emission benefits of ethanol

Car market leader Maruti Suzuki India (MSI) on Monday sought correct accounting of greenhouse gas emission benefits of ethanol blended fuel under the Corporate Average Fuel Economy (CAFE) norms. The second phase of CAFE norms came into effect from April this year. The regulation first came into force in India from April 1, 2017. It is aimed at lowering fuel consumption of vehicles by reducing their CO2 emissions, mandating the average corporate CO2 emission to be less than 130 gm/km by 2022, applicable to all petrol, diesel, LPG and CNG fuelled vehicles. Under CAFE II regulations, the average corporate CO2 emission must be less than 113 gm/km. The corporate average in CAFE refers to the sales-volume weighted average for every automobile manufacturer. To promote ethanol and flex-fuel, SIAM has made some specific policy enablers requests to the road transport and highways ministry, Maruti Suzuki India MD and CEO Hisashi Takeuchi said at a SIAM event here. "One of our key requests is

Maruti Suzuki seeks correct accounting of GHG emission benefits of ethanol
Updated On : 12 Dec 2022 | 11:16 PM IST

Climate talks should have done more on pollution cuts: US climate envoy

US climate envoy John Kerry said last month's international global warming talks didn't do enough to speed up cuts in emissions of heat-trapping gases. Kerry told The Associated Press in an interview Wednesday that there was progress on some aspects of reducing carbon pollution during the United Nations summit in Sharm El-Sheikh, Egypt. But he said there could and should have been much more and that what was done on the issue was overshadowed by a historic, but what he called potentially pyrrhic, agreement to establish a compensation fund for poor nations victimized by a warming world. We needed to significantly accelerate the reduction of emissions," Kerry said. "I would have liked to have seen greater outcome from Sharm with respect to mitigation, which is what climate negotiators call cutting carbon pollution. But we're just going to have to keep pushing, he added. We have to increase the mitigation and that's the one thing that I thought should have been highlighted even more,

Climate talks should have done more on pollution cuts: US climate envoy
Updated On : 08 Dec 2022 | 7:00 AM IST

Green pathways present a $1.6-trn investment window: World Bank report

The report also suggests adopting climate-responsive cooling techniques in both private- and government-funded constructions

Green pathways present a $1.6-trn investment window: World Bank report
Updated On : 30 Nov 2022 | 10:36 PM IST

Carbon reduction hinges on share of renewables in energy: TKM's V Kirloskar

The share of renewable energy as a percentage of total generation is only 30 per cent. Unless this goes up I don't see carbon emission coming down, Kirloskar said

Carbon reduction hinges on share of renewables in energy: TKM's V Kirloskar
Updated On : 25 Nov 2022 | 9:58 PM IST

China may not pay for climate change despite being 'biggest annual emitter'

Chinese policymakers do not agree with the suggestion that China should be considered a developed nation; according to Chinese policymakers, China continues to have extreme poverty in the country

China may not pay for climate change despite being 'biggest annual emitter'
Updated On : 25 Nov 2022 | 9:11 AM IST

Indian railways far from 'carbon neutral 2030' goal; lags in clean energy

The organization had installed renewable capacity of 142 megawatts of rooftop solar and 103.4 megawatts of wind energy as of August

Indian railways far from 'carbon neutral 2030' goal; lags in clean energy
Updated On : 23 Nov 2022 | 4:33 PM IST