Page 19 - Carbon Emissions

Parliament passes bill to mandate use of renewable energy, carbon trading

The Bill is expected to be a step for India toward fulfilling its goals of cutting emissions and the use of renewable energy

IEX says it has become India's first carbon-neutral power exchange

IEX says it is committed to contributing towards fulfilling India's net zero emissions target by creating an ecosystem for the reduction of emissions

USDA announces another climate-smart agriculture project worth $325 million

The federal government on Monday announced another $325 million for agricultural projects that are intended to reduce greenhouse gas emissions. The latest list of 71 recipients for the U.S. Department of Agriculture's Climate-Smart Commodities programme primarily involve small and underserved farmers and ranchers. The payments follow $2.8 billion awarded in September to 70 projects, mostly larger-scale efforts backed by universities, businesses and agricultural groups. USDA Secretary Tom Vilsack announced the latest round of funding at Tuskegee University, a historically Black college in Alabama, saying it's vital that small operations benefit from the programme. It's important that we send a message that it's not about the size of your operation, that you don't only benefit from the programmes like this if you're a large-scale producer, Vilsack told The Associated Press. If you're a producer that historically has not been able to participate fully and completely in programmes at

Funding reality check for India's dream to achieve net-zero by 2070

The Modi government could take a leaf out of Norway's playbook to meet its 2070 emission target instead of passing the buck to the private sector

Kerala seed farm declared as first carbon neutral farm in the country

Kerala Chief Minister Pinarayi Vijayan on Saturday declared a seed farm, located in Aluva here, as the first carbon neutral farm in the country. A significant reduction in carbon emission has helped the seed farm, under the Agricultural Department, achieve the carbon neutral status, he said making the announcement. The total amount of carbon emission from the farm, located at Thuruthu in Aluva, in the last one year was 43 tons but its overall procurement was 213 ton, he said. Compared to the emission rate, as many as 170 tons of more carbon have been procured at the farm, which helped it to be declared as the first carbon neutral seed farm in the country, the Chief Minister explained. "Carbon neutral farms will be set up in all 140 Assembly constituencies...Efforts have already been launched to make 13 farms in Kerala carbon neutral," he said Carbon neutral agricultural methods would be implemented through women's groups and such interventions would be made in the tribal sector a

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,

Carbon sinks: The good and the bad

The oceans have caught the attention of climate policymakers, but many of their ideas are too radical

Rooting for mangroves: Many reasons to expand these carbon sinks in India

The mangrove ecosystem offers economic benefits besides safeguarding the country's vast coastline

EU climate chief defends including 'carbon farming' to climate plans

The European Union's top climate official on Wednesday dismissed criticism from environmental groups over its proposal to incorporate carbon removal methods into its climate plans, insisting the plan won't undermine the bloc's efforts to tackle global warming. Dozens of organisations issued a joint call on Monday slamming the EU's plans to certify so-called offsets carbon absorbed through nature or with technological means which could then be bought by polluters to reduce their emissions balance. The groups, including Friends of the Earth, Corporate Accountability and the Centre for International Environmental Law, argue that subtracting carbon captured in this way from the 27-nation bloc's emissions total amounts to greenwashing. Frans Timmermans, vice-president of the EU's executive Commission, insisted the plans for carbon removal certificates were consistent with the bloc's legally binding climate targets. It's additional to what we're doing, and it's not instead of what we'r

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

Construction tech key for India to achieve zero emissions by 2070: H S Puri

The minister notes that the built environment generates significant carbon emissions accounting for almost 39% of gross carbon emissions worldwide

Environmental groups ask EU to drop carbon removal from climate plans

Scores of environmental groups issued a joint appeal on Monday for the European Union to drop carbon removal methods from its climate plans, arguing that some of them rely on untested technology while others may not absorb as many greenhouse gas emissions as claimed. The EU's executive Commission has proposed creating a system for certifying so-called offsets carbon absorbed through nature or with technological means which could then be bought by polluters to reduce their emissions balance. But some 170 groups including Friends of the Earth, Corporate Accountability and the Centre for International Environmental Law argue that plans to use fields, forests or machines for future large-scale removal of carbon from the atmosphere are a greenwashing fantasy. They have instead called for the Commission to commit to real, or gross, cuts in emissions, instead of net cuts that many countries and companies are currently touting in their climate plans. The 27-nation EU aims to achieve net .

Greta Thunberg, Swedish activists sue state over its climate policies

Hundreds of activists, among them Greta Thunberg, marched through the Swedish capital to a court on Friday to file a lawsuit against the Swedish state for what they say is insufficient climate action. More than 600 young people under the age of 26 signed the 87-page document that is the basis for the lawsuit which was filed in the Stockholm District Court. They want the court to determine that the country has violated its citizen's human rights with its climate policies. Sweden has never treated the climate crisis like a crisis, said Anton Foley, spokesman of the youth-led initiative Aurora, which prepared and filed the lawsuit. Sweden is failing in its responsibility and breaking the law. The action comes as scientists warn that chances are slipping away to limit future warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) since pre-industrial times. At a recent UN climate conference in Egypt earlier this month, leaders tried to keep that goal alive but did not ratchet up calls

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

Will renewable energy stocks keep your portfolio green?

India released its low-carbon emission development strategy at the UN Climate Conference. As the focus on green energy takes centre stage, is it time to add stocks from this space to your portfolio?

EVs lead climate tech funding but more needed for niche solutions: Experts

Climate tech start-ups traditionally require longer gestation periods due to which the sector has not generated strong commercial returns recently

Best of BS Opinion: Voting against self-interest, fiscal deficit, and more

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

COP27 climate deal hurtle towards overtime, countries mull EU offer of fund

27-country EU said it would back one of the toughest agenda items financing for countries wracked by climate-fuelled disasters

COP27: To decarbonise by 2050, India needs investments of at least $7 trn

And India's progress towards net zero by 2070 will depend on how successful it is in facilitating an orderly transition to a clean economy

BASIC Nations criticise developed world for backtracking on climate finance

They say fossil fuel use in Global North has risen, call it "double standards towards climate equity"; note that climate finance from developed nations continues to fall short of $100 bn a year goal