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CO2 Emissions
NTPC Ltd on Saturday said it has started drilling for the country's first-ever CO2 injection borewell at its Pakri Barwadih coal mine in Jharkhand. This move, led by the company's R&D arm, NETRA (NTPC Energy Technology Research Alliance), is a decisive step towards fulfilling India's Carbon Capture, Utilization and Storage (CCUS) roadmap and its net-zero commitment by 2070, NTPC said in a statement. "NTPC has marked an important milestone in the nation's clean energy transition by commencing drilling for the country's first-ever CO2 Injection Borewell at its Pakri Barwadih Coal Mine, Jharkhand," it said. The CO2 borewell is being drilled to an approximate depth of 1,200 metres. Its primary purpose is to secure crucial geological and reservoir data required for establishing a safe and effective CO2 storage process. This includes extensive core, methane, and water sampling, alongside seismic monitoring and detailed simulation studies to assess the rock formations' ability to ...
The UN weather agency said Wednesday that carbon dioxide levels in the atmosphere hit new record highs last year, and heat trapped by such greenhouse gases is turbo-charging the Earth's climate and causing more extreme weather. The World Meteorological Organisation said in its latest bulletin on greenhouse gases that C02 growth rates have now tripled since the 1960s, and emissions from human activities and more wildfires helped fan a vicious climate cycle." The Geneva-based agency said the increase of the global average concentration of carbon dioxide from 2023 to 2024 amounted to the highest annual level of any one-year span since measurements began in 1957. The heat trapped by CO2 and other greenhouse gases is turbo-charging our climate and leading to more extreme weather," said WMO Deputy Secretary-General Ko Barrett in a statement. "Reducing emissions is therefore essential not just for our climate but also for our economic security and community well-being, The increase in 202
The world's largest maritime nations are gathering in London on Tuesday to consider adopting regulations that would move the shipping industry away from fossil fuels to slash emissions. If the deal is adopted, this will be the first time a global fee is imposed on planet-warming greenhouse gas emissions. Most ships today run on heavy fuel oil that releases carbon dioxide and other pollutants as it's burned. Nations are meeting at the International Maritime Organization headquarters through Friday. The Trump administration unequivocally rejects the proposal and has threatened to retaliate if nations support it, setting the stage for a fight over the climate deal. In April, IMO member states agreed on the contents of the regulatory framework. The aim is to adopt it at this meeting. That would be a major win for the climate, public health, the ocean and marine life, said Delaine McCullough at the Ocean Conservancy. For too long, ships have run on crude, dirty oil, she said. This ...
If the world continues to release carbon dioxide at the current rate, the carbon budget for limiting global warming to 1.5 degrees Celsius will be exhausted in just over three years, according to an international group of scientists. The carbon budget refers to the total amount of carbon dioxide the planet can emit while still having a good chance of staying below a certain temperature threshold. In this case, the limit is 1.5 degrees Celsius, which countries agreed to at the Paris climate conference in 2015. Exceeding the carbon budget does not mean the 1.5-degree limit will be crossed immediately. It means the world is on course to surpass it very soon unless emissions are drastically cut. The latest "Indicators of Global Climate Change" study, published in the journal Earth System Science Data, also found that the carbon budget for 2 degrees Celsius could be exceeded by 2048 if current levels of CO2 emissions continue. Scientists said human activities have led to the release of
The government is expected to announce a slew of measures in the full Budget for fiscal year 2024-25 to promote investments in the renewable energy space, experts say. Finance Minister Nirmala Sitharaman will present the 2024-25 Union Budget in Parliament on July 23. Their expectation is that the government may announce policy-related measures, viability gap funding (VGF) and incentive schemes for the clean energy industry, the experts said. "We expect the focus of the budget to remain green growth based... We expect the budget to focus more on renewables, storage, transmission and distribution network strengthening schemes. "We expect policy measures to incentivise, and to encourage investments in (battery) storage groups," Girishkumar Kadam, Senior Vice President & Group Head - Corporate Ratings, ICRA Ltd said. There is a slow progress being witnessed in pumped storage projects (PSP) space. Some policy bridges need to be announced to expedite the implementation of these projects
Tata Power Renewable Energy Ltd (TPREL) on Wednesday said it has deployed more than 850 e-bus charging points at various locations in the country. The robust bus charging network has led to more than 1 lakh tonnes of tailpipe CO2 emissions savings, the company said in a statement The locations include Delhi, Mumbai, Ahmedabad, Bengaluru, Jammu, Srinagar, Dharwad, Lucknow, and Goa, the statement said. **** Mamaearth partners with Reliance Retail * Mamaearth, a personal care brand owned by Honasa Consumer, has partnered with the country's leading retailer Reliance Retail. This would make its range of products available at over 1,000 Smart Bazaar/ Smart Point stores across the country, the company said in a statement. Honasa Consumer Co-founder and CEO Varun Alagh said, "The partnership with Reliance Retail is also an extension of our endeavour to make products accessible to a wider set of consumers. We are 1,000 stores strong now and with the increasing demand for Mamaearth produ