Page 20 - Carbon Emissions

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

Focus is to capture, not halt, carbon emissions: Coal min Pralhad Joshi

'Both domestic exploration and buying stake in overseas mineral mines is on the agenda'

Indian Air Force procures electric vehicles to reduce carbon footprint

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

India ranks eighth, moving up two spots on Climate Change Performance Index

In 2022 and 2021, India stood at the 10th spot on the CCPI, while in 2020, it ranked ninth

For states, climate change and energy transition are Centre's concern

The focus of a majority remains on distributing free and subsidised coal-based power

Submitted long-term low emissions growth strategy: India at COP27

Reiterates its climate goals in its National Statement

What is greenwashing?

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

COP27: Biofuels and green H2 to power India's low-carbon growth

Minister outlines plan for carbon reduction

COP27: Carbon credit revival a likely boon for developing nations

But 'greenwashing' fears abound

Statsguru: From net-zero target to forest cover, India's climate standing

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

Paris agreement goal requires phase down of fossil fuels: India at COP27

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 .

Masked power play: CoPs are places for grandstanding and inane statements

Carbonisation is driven by consumption. The more we consume, the more carbon is generated. But by design, CoPs are consumption blind