Industry is at 'turning point' and could be the leader in low-carbon global economy, according to research by an independent group
The climate strategy may pave the path to a national carbon budget, an element critical in achieving net zero, but increase costs for companies transitioning to low-emission strategies
Tata Steel's Port Talbot transformation gets underway with construction of a 3 mt electric arc furnace, backed by £500 mn UK government support for low-carbon steelmaking
The proposed steep cut risks billions of rupees in penalties and threatens future investments in one of India's most critical manufacturing sectors
Minister of State for New & Renewable Energy Shripad Yesso Naik on Thursday said that Green Hydrogen has the power to ensure energy security and called upon industry leaders to invest in research and development and to build infrastructure in this field. Addressing the inaugural 'CII International Business Conclave on Green Hydrogen' the minister highlighted that Green Hydrogen has the power to reduce dependency on fossil fuels and enhance industrial competitiveness across sectors. "I invite global companies, governments, and financing institutions to partner with us in green hydrogen research, innovation, and trade," the minister said and called upon "India's industry to invest in R&D, scale manufacturing, build infrastructure, and develop human capital." The minister said Green Hydrogen is not just a fuel, it is a commitment to the planet, to future generations, and to sustainable prosperity. For India, with its strong Micro, Small and Medium Enterprise (MSME) base and ...
Not including all hard-to-abate sectors in carbon emission intensity targets will reduce market size and impact liquidity. Offset mechanism isn't a solution
From Gaza to Ukraine, the environmental cost of conflict rivals top emitters but is missing from global climate policy and accountability frameworks
The scheme aims to promote energy efficiency by enabling Delhi households to replace old ACs and fans with new energy-saving models at discounted rates
Vedanta has increased its clean energy capacity to 1.03 GW and aims to achieve 2.5 GW by 2030 as part of its strategy to reach net zero carbon emissions by 2050 or earlier
Ramesh Chand outlines a five-point agenda to cut agriculture's carbon footprint, urging policy reform in pricing, input efficiency and climate-suitable cropping
Their approval makes it highly likely that the EU will exempt most of the 200,000 importers who were initially set to face the world's first carbon border tariff, due to take effect next year
India is on track to exceed its climate target of reducing the emissions intensity of its GDP by 45 per cent by 2030 as compared to 2005 levels, according to a new analysis. The emissions modelling analysis by Delhi-based think-tank Council on Energy, Environment and Water (CEEW) and Alliance for an Energy Efficient Economy (AEEE), an NGO, projected that India's energy sector emission intensity could decrease by 48-57 per cent by 2030 as compared to 2005 levels. However, achieving the 2070 net zero target (balancing emissions with removals) will require additional policy interventions, centred around carbon pricing, along with power pricing reforms, fiscal support for clean technologies, enhanced energy efficiency and behaviour change initiatives. The findings, published this week in the international journal Energy and Climate Change', suggest that India's 2035 NDC targets could include reducing emissions intensity of GDP between 55 and 66 per cent relative to 2005 (with most ...
India and Denmark inked an initial pact on Friday to strengthen energy sector cooperation through renewed partnership, which supports the nation's target of achieving net-zero emissions by 2070. The agreement follows five years of successful collaboration under the original MoU, signed on June 5, 2020, and initially set to expire on June 5, 2025, a power ministry statement said. A proactive renewal ensures continuity in dialogue and cooperation, allowing a seamless extension of joint efforts in energy sector development, the ministry said. According to the statement, India and Denmark have reinforced their long-standing energy cooperation by signing a renewed Memorandum of Understanding (MoU) on Friday. The MoU was signed by Power Secretary Pankaj Agarwal and Ambassador of Denmark to India Rasmus Abildgaard Kristensen. The agreement reflects both countries' continued commitment to accelerate clean energy transitions. The renewed MoU supports India's ambitious target of achieving .
Essar venture GreenLine Mobility Solutions on Thursday said it has joined hands with tire reinforcement technology company Bekaert to decarbonise road logistics. The partnership was flagged off with the deployment of GreenLine's LNG-powered trucks at Bekaert's Ranjangaon plant in Maharashtra, marking the beginning of a pilot phase, the company said in a statement. The pilot phase aims to significantly reduce the carbon footprint of Bekaert's logistics operations. The partnership will support India's vision of a gas-based economy, the statement said. Each GreenLine LNG truck is expected to reduce up to 24 tonnes of CO2 emissions annually, contributing to Bekaert's ambition of becoming carbon net-zero by 2050 and achieving 65 per cent of sales from sustainable solutions. "At GreenLine, we are proud to offeran integrated ecosystem - from LNG refuelling to real-time telematics - that empowers our partners to make meaningful progress on their net-zero goals," Anand Mimani, CEO of Green
Vedanta Ltd on Wednesday said it has mitigated 28 million tonnes of carbon emissions since FY23, roughly equivalent to the carbon dioxide absorbed by more than one billion trees annually. Backed by the country's largest portfolio of energy transition metals, the company utilised 2.61 billion units of renewable energy including waste heat recovery in FY25, Vedanta Ltd said in a statement. Vedanta has a growing portfolio of low-carbon 'green' products in aluminium (Restora and Restora Ultra), zinc (EcoZen), and display glass (Super Green SaiSei), with some of the lowest carbon footprints in the world. The company said it has ramped up renewable energy usage by 14 times since FY'20 and is targeting to achieve 2.5 GW of renewable energy capacity by 2030. "At Vedanta, we don't see sustainability as a checkbox, but as a responsibility that shapes every decision we make. From producing the world's greenest metals, scaling up renewables, to empowering our people to be climate champions ...
President Donald Trump's sweeping global tariffs have stirred widespread anxiety about a severe economic downturn -- and curiosity, for some, about how it might affect the world's warming climate. Experts say a slowdown in international trade might have a brief and slight benefit in reducing greenhouse gas emissions, which come in part from fuels like gas and oil that are used to move goods around the world via ships, planes and vehicles. But any such benefit in reducing emissions, which cause climate change, will be swamped by sharply rising costs worldwide that will hurt efforts to transition to green energies. I would say it might help the climate in the first year or two if we have a downturn in economic activity or a recession, which no one wants, said Rob Jackson, head of the Global Carbon Project, a group of scientists who monitor greenhouse gas emissions yearly. But it will hurt the climate long-term because tariffs impact clean tech more than most other industries because o
India and 62 other countries on Friday voted in favour of the world's first-ever global carbon tax imposed on the shipping industry by the United Nations' shipping agency. The decision, taken at the International Maritime Organisation (IMO) headquarters in London after a week of intense negotiations, aims to reduce greenhouse gas emissions from ships and promote cleaner technologies. The move marks the first time a global carbon tax has been imposed on an entire industry. Starting 2028, ships will either have to shift to lower-emission fuels or pay a fee for the pollution they generate. The tax could generate up to USD 40 billion by 2030. However, all the funds will be used exclusively to cut emissions in the shipping industry and not for supporting climate action in developing countries. Despite this breakthrough in global climate policy, carbon pricing is expected to reduce shipping emissions by only 10 per cent by 2030, far short of the IMO's own target of at least 20 per cent.
Supreme Court Judge Justice Vikram Nath on Saturday laid stress on the need to regulate emissions and invest in cleaner technologies to combat pollution, saying it was unacceptable for children to grow up in an environment where they needed masks to play in the open. Justice Nath also said there was a need to explore solutions which struck a balance between economic growth and environmental wellbeing and that government policies must focus on green technologies. He was speaking during the inaugural session of the National Conference on Environment - 2025 at Vigyan Bhawan. President Droupadi Murmu was the chief guest at the event. "The capital city of India regularly experiences high levels of pollution. I believe we can all agree that it is not acceptable for our children to grow up in an environment where they need masks to play outside or worry about respiratory ailments at a young age," Justice Nath said. "This is an urgent call for action, a signal that we must come together to
British Steel said Thursday that it is planning to close its two blast furnaces and steelmaking operations in the northern England town of Scunthorpe, after its Chinese owner Jingye failed to agree a rescue package with the UK government. Unions called on the government to help secure the future of the company, which Jingye said is suffering daily losses of around 700,000 pounds (USD 900,000) despite the Chinese firm investing more than 1.2 billion to maintain operations since its takeover of British Steel in 2020. The company, Britain's second-biggest steelmaker, blamed highly challenging market conditions, the imposition of tariffs, and higher environmental costs relating to the production of high-carbon steel. British Steel said it is consulting with unions over the the decision to close the blast furnaces and steelmaking operations and reduce rolling mill capacity, potentially as early as June. Between 2,000 to 2,700 jobs are potentially at risk. The company had sought support
Once finalised, carbon credits will be tracked through a registry, with joint committees managing projects and certifying credits issued based on reports