Page 24 - Carbon Emissions

What are carbon credits?

Investors happily bid adieu to another profitable financial year. Environmentalists too were a relieved lot as the concept of carbon credits was gaining ground. Find out more about carbon credits

TMS Ep140: Axis-Citi deal, BS Awards 2021, small caps, carbon credits

What does Axis-Citi deal mean for Citi's India customers? What does the BS Awards 2021 winners reflect about India Inc? Will small cap continue its dominance? What are carbon credits? All answers here

SpiceJet, GMR group announce sustainable aviation fuel initiatives

Globally, International Air Transport Association has set a target for airlines to achieve net zero emissions by 2050

Asian banks 'falling short' on decarbonisation efforts, new study finds

Banks in Asia are "falling short" when it comes to meeting global pledges to tackle climate change and aligning with the decarbonisation aims of their nations, a new study says

L&T Technology Services aims for carbon, water neutrality by 2030

L&T Technology Services (LTTS) aims to achieve carbon and water neutrality by 2030 and has unveiled its first sustainability report, the company said on Monday. The report, conforming to the Global Reporting Initiative (GRI), presents LTTS' sustainability efforts across its key elements for fiscal 2020-21. "L&T Technology Services Limited, a leading global pure-play engineering services company, released its first Sustainability Report for the year 2020-21, with a roadmap to achieve carbon and water neutrality by 2030," the company said in a statement. LTTS has identified sustainability as one of its six 'Big Bets' on emerging technology areas and one that cuts across the other 5 'Big Bets' comprising Electric Autonomous and Commercial Vehicles (EACV), 5G, MedTech, Artificial Intelligence and digital products and digital manufacturing. LTTS' sustainability practice is building engineering services-based innovative digital solutions that align with the customers' sustainability

Railways rides climate wave with green point ratings to garner more freight

Currently, the national transporter's freight basket is dominated by coal and iron ore, which cumulatively accounts for over 60 per cent of its freight volume

India plans Rs 24,000 cr sovereign green bond as economy goes low carbon

India is the world's third-biggest emitter of greenhouse gases and plans to more than quadruple its renewable power generation capacity by 2030.

Investors ask 10,000 firms to give environment data to non-profit platform

Investors managing over $130 trillion in assets have written to more than 10,000 companies calling on them to supply environmental data to non-profit disclosure platform CDP

Mumbai to go net-zero by 2050, two decades ahead of India's target

Without intervention, the effects of climate change could cost India $35 trillion over the next 50 years

Joe Biden restores California's power to set car emissions rules

The waiver reinstates California's authority to regulate greenhouse gas emissions under the federal Clean Air Act for model years 2017 through 2025, effective immediately

A market for carbon credits

Global offset market has potential but also perils

Indian farmers can now trade in carbon credits to boost income

Farming contributes around 14% of the annual greenhouse gas emissions from India

Major institutions provided $1.5 trillion to coal industry from 2019-2021

Banks continue to fund 1,032 firms involved in the mining, trading, transportation and utilisation of coal, the research showed

US biofuel producers to urge Congress to review aviation fuel tax credits

Signatories of a letter from biofuels makers reviewed by Reuters want the legislation to use an accounting method known as the US Department of Energy's GREET model

India's top steelmakers seek federal funds to cut carbon emissions

NEW DELHI (Reuters) - India's top steelmakers have urged the government to provide federal funding and other economic assistance to help them meet targets for cutting carbon emissions, a leading industry body said.

Bending India's emissions curve

To build a green and competitive India, we have to strive for net zero

China's Xi says country's low carbon push must bring energy, food security

The country is the world's biggest source of climate-warming greenhouse gas emissions and is under pressure to take more drastic action.

JSW Steel plans to spend more than $1 billion on cutting emissions

JSW aims to reduce carbon dioxide emissions to 1.95 tonnes for every tonne of steel produced by 2030 from 2.52 tonnes last year

Cities contribute 80% to global GDP, account for 75% emissions: Report

Cities contribute 80 per cent to global GDP -- but they also account for 75 per cent of global greenhouse gas emissions

Corporate climate action growing; more needed to meet net-zero: WEF study

Climate action is growing across public and private sectors, but more needs to be done to meet the net-zero challenge, the World Economic Forum said in a new study published on Monday