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
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?
Climate tech start-ups traditionally require longer gestation periods due to which the sector has not generated strong commercial returns recently
Here is the best of Business Standard's opinion pieces for today:
27-country EU said it would back one of the toughest agenda items financing for countries wracked by climate-fuelled disasters
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
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
'Both domestic exploration and buying stake in overseas mineral mines is on the agenda'
The Indian Air Force on Tuesday inducted a fleet of electric vehicles in keeping with the government's initiative on introduction of green mobility. Air Chief Marshal VR Chaudhari flagged off the first batch of 12 electric vehicles in the presence of other senior officers and staff. "In order to achieve reduction in carbon footprint and in keeping with the government of India's initiative on introduction of green mobility, the IAF has inducted a fleet of Tata Nexon electric vehicles," the IAF said in a statement. It said the force is planning to enhance the usage of electric vehicles in a progressive manner by procuring e-vehicles against downgraded conventional vehicles. "Augmentation of the e-vehicles ecosystem, including installation of charging infrastructure at various Air Force bases, is also planned. The first batch of electric cars introduced today will be deployed in Delhi NCR units for performance monitoring and analysis," it said. "To create a standardised inventory of
In 2022 and 2021, India stood at the 10th spot on the CCPI, while in 2020, it ranked ninth
The focus of a majority remains on distributing free and subsidised coal-based power
Reiterates its climate goals in its National Statement
A few Indian companies and even some nations are posing a threat to the world's march toward a green future. They're not cutting emissions, but the corners. This is called 'greenwashing'. Here's more
Minister outlines plan for carbon reduction
But 'greenwashing' fears abound
The Emissions Gap Report 2022 showed India's per capita carbon dioxide emissions in 2030 will be nearly the same as its Nationally Determined Contribution (NDC) target
As negotiators from 194 parties started working out a draft cover text at the UN climate summit in Egypt, India on Saturday proposed that the talks wrap up with a decision to "phase down all fossil fuels" including oil and gas, sources said. "Natural gas and oil also lead to emission of greenhouse gases. Making only one fuel the villain is not right," a source in the Indian delegation attending the climate talks told PTI. Indian negotiators told the Egyptian COP27 presidency of climate talks that the basic principles of common but differentiated responsibilities, equity, and nationally determined nature of climate commitments under the Paris Agreement "need to be strongly emphasised in the cover decision text". Citing the Sixth Assessment Report of the Intergovernmental Panel on Climate Change, India said that meeting the long term goal of the Paris Agreement "requires phase down of all fossil fuels". "Selective singling out of sources of emissions, for either labelling them more .
Carbonisation is driven by consumption. The more we consume, the more carbon is generated. But by design, CoPs are consumption blind
Spearheaded by the UAE in partnership with Indonesia, MAC was launched at the COP27 Summit in Egypt to scale up and accelerate the conservation and restoration of the mangrove forests
India is among the first five countries to join the MAC, at the 27th session of the Conference of the Parties (COP27) at Sharm el-Sheikh in Egypt