Page 22 - Carbon Emissions

Jindal Stainless Ltd taking measures to reduce carbon emissions: MD

Jindal Stainless Limited (JSL) is taking a host of measures to reduce carbon emissions of its present and planned capacities, which includes setting up renewable energy capacities, Managing Director Abhyuday Jindal said. During FY22, JSL reduced its carbon emissions by 3,100 metric tonnes and initiated a switch from a thermal energy-intensive manufacturing setup to renewable energy alternatives such as solar and wind power, Jindal told PTI during an interaction. "Continuing forward, we are taking proactive steps to decarbonise and reduce carbon emissions of our present and planned capacities. The move is aimed to support the government's mission of carbon-neutrality," he said. In the renewable energy space, JSL is looking for partners to set up 300 MW solar and wind capacities in states like Odisha, Haryana and Rajasthan, Jindal said, adding that the talks with a few players are already underway. The investment will be through joint venture/ventures which will be formed post ...

Next steps on carbon

Govt must move fast on emission trading

Net zero is net positive for profits, people, and planet

Pursuing green technologies will result in much faster GDP growth

Bharat Petroleum targets net zero, 10 GW of renewable energy by 2040

Bharat Petroleum Corporation Ltd, India's second-largest oil refining and fuel retailing firm, plans to scale up its renewable energy portfolio to 10 GW by 2040 - the year it is targeting net-zero carbon emission, chairman Arun Kumar Singh said on Monday. Addressing the company's annual shareholders' meeting, he said BPCL is diversifying and expanding into adjacent and alternate businesses, which will not only provide additional revenue streams but also offer a hedge against any decline in the oil and gas business. "The company has identified six strategic areas - petrochemicals, gas, renewables, new businesses, that is, consumer retailing, e-mobility and upstream - which will serve as pillars of future growth and create sustainable value for all stakeholders, while the core business of refining and marketing of petroleum products continues to provide stability and funding bandwidth," he said. This is with a view to achieving net-zero emissions by 2040, he added. In the renewable .

GAIL targets net-zero carbon emissions by 2040: Chairman Manoj Jain

GAIL (India) Ltd, the nation's largest gas firm, is targeting net-zero carbon emission from its operations by 2040, ahead of targets by other state-owned firms, chairman Manoj Jain said on Friday. Net zero, or becoming carbon neutral, means not adding to the amount of greenhouse gases in the atmosphere. India, the world's fourth biggest emitter of carbon dioxide after China, the US and the EU, has committed to cut its emissions to net zero by 2070. And GAIL's target for 2040 is a step in aiding that. GAIL "is committed to reduce its carbon footprint by diversifying into the renewable energy sector," Jain said at the firm's annual shareholders' meeting. "In line with India's vision to achieve net zero by 2070, GAIL has completed a comprehensive study on science-based net-zero ambition and intends to achieve a 100 per cent reduction in Scope 1 and Scope 2 emissions and a 35 per cent reduction in Scope 3 emissions by 2040". Indian Oil Corporation (IOC) on Thursday announced a Rs 2 l

Here's what to expect from Senate's tax, climate and healthcare bill

After more than a year of stop-and-start negotiations, Democrats on Sunday agreed to a narrow bill to invest in energy initiatives, curb drug prices and reduce the deficit

India used far less than its share of global carbon budget: Govt

India has used far less than its fair share of the global carbon budget and its emissions can grow as it is a developing country: Govt

Adani Group to invest $70 bn in green energy, infra: Gautam Adani

Group leads the make India a net exporter of clean energy, says billionaire in speech to shareholders

Most major nations lag in acting on climate-fighting goals: Scientists

For most of the major carbon-polluting nations, promising to fight climate change is a lot easier than actually doing it. In the United States, President Joe Biden has learned that the hard way

JSW Steel ropes in BCG to work on decarbonisation goals for 2029-30

JSW Steel on Monday said it has partnered with US-based Boston Consulting Group (BCG) to meet its decarbonization goals

India preparing to submit new climate targets to UN ahead of COP27 talks

India's delay has been striking given Prime Minister Narendra Modi's surprise announcement at COP26 that his country would reach net-zero emissions by 2070

India must look at other options and not just EVs to curb emissions: Toyota

India must look at multiple technology options, including hybrids, to tackle carbon emissions and not just restrict to electric vehicles, a senior company official of Japanese auto major Toyota said

US top court limits federal power to curb carbon emissions: Report

The Supreme Court's conservative majority has signaled ongoing skepticism toward expansive federal regulatory authority

EU countries endorse a push to end combustion engine sales by 2035

Environment ministers struck a deal on the proposal after Italy gave up demands for a five-year delay in the EU's plan for automakers to clean up their fleet

JSW Steel earmarks Rs 10,000 cr for carbon emission reduction initiatives

Group chairman Sajjan Jindal said that the company has contracted for about 1 GW of renewable energy, of which 225 MW became operational in April 2022, and the balance will come on stream in phases.

Maruti Suzuki betting on hybrids over electric vehicles in clean shift

India's shift to electric vehicles is also much slower than other major markets like China and the US even though PM has committed to making India a net-zero carbon-emitting nation by 2070

Railways gets $245-mn World Bank loan to cut logistics project's emissions

Bid to help India reduce emissions through logistics project

Flipkart to focus on decarbonisation, commits to net zero emission by 2040

Flipkart Group will focus on key areas of impact -- such as sustainable platform, responsible value chain and positive collaborations -- to achieve a clearly-defined decarbonisation pathway

Global steel industry could face $518 billion stranded asset risk: Report

Much of this stranded asset risk is concentrated in Asia: 80 per cent of the BOF steelmaking capacity under development globally is planned in China and India

Delhi IGI airport to induct 62 EVs to cut down greenhouse gas emissions

The Delhi airport has decided to replace all its vehicles with EVs in the next four months for its airside operations under the Green Transportation Program