Page 5 - Carbon Emissions

EET Hydrogen, ENKA partner for UK's low carbon hydrogen production plant

Essar Energy Transition (EET) Hydrogen on Wednesday signed an engineering, procurement and construction (EPC) contract with ENKA for its flagship low carbon hydrogen production plant (HPP1) at the Stanlow Manufacturing Complex in Ellesmere Port, Cheshire, UK. In October 2024, the UK government announced funding had been agreed upon to support HPP1 as the UK's first large-scale low carbon hydrogen project at the heart of the HyNet Cluster. HPP1 will have a production capacity of 350 MW and will capture around 600,000 tonnes of CO2 a year equivalent to taking around 250,000 cars off the road. The EPC contract "represents a major milestone for the HPP1 project, for the UK hydrogen industry, the HyNet Cluster and for EET Hydrogen's progress towards its goal of developing 4 GW of low carbon hydrogen production for industrial businesses across the North West of England to decarbonise their operations, protecting jobs and driving economic growth," the company said in a statement. ENKA is

EET Fuels secures $350 million funding for decarbonisation plans

EET Fuel, the trading name of Essar Oil (UK) Ltd, on Tuesday announced securing USD 350 million finance as investors reposed confidence in its decarbonisation strategy and market positioning. The firm secured USD 350 million through a combination of new financing by African Export-Import Bank (Afreximbank) and upsizing extension of existing crude facility, it said in a statement. EET Fuels, which owns and operates the UK's Stanlow refinery, is investing USD 1.2 billion over the next five years to decarbonise its operations and targeting a 95 per cent cut in emissions by 2030 through energy efficiency, carbon capture and fuel switching. The new facilities secured are USD 150 million from Afreximbank - the Pan-African multilateral financial institution mandated to finance and promote intra-and extra-African trade - and upsizing of the previously reported USD 300 million trade credit financing facility with an international oil company to USD 500 million. "The company has agreed USD 3

Growth of cheap and dirtiest steelmaking tests govt's carbon mission

A lot of new output is emerging from small-scale plants that are relatively easy to build, but highly polluting

BluSmart expands its all-electric ride-hailing services to Mumbai

The service initially covers key areas such as Goregaon, Bandra, and the Bandra Kurla Complex (BKC), with plans for further citywide expansion

Hot button issue: How the scale of climate challenge is increasing

The World Meteorological Organization has said that 2024 was globally the warmest on record, exceeding the Paris Agreement threshold

Govt reviews $30 billion sulphur-cutting programme for coal plants

Instead of FGDs, government officials have proposed deploying locally made electrostatic precipitators that remove fine particles such as dust and smoke from emissions

Year in review: 5 important regulatory changes by Indian govt in 2024

Addressing diverse areas ranging from patent processes to frameworks for AI regulation, the Centre introduced several significant regulatory changes in 2024

Scrubbing carbon from atmosphere could be the next climate gold rush

The group assembled by Gates, known as Breakthrough Energy Ventures, is among the biggest backers of over 800 carbon removal firms that have been started in recent years

India, Sweden can strengthen ties in climate solutions: Swedish officials

India and Sweden can deepen their collaboration in innovation and green technology with a focus on addressing global climate challenges through sustainable industrial practices and renewable energy solutions, Swedish officials said. Officials of the Embassy of Sweden and Business Sweden, during an interaction with PTI, emphasised the shared potential for innovation and large-scale implementation of sustainable practices. "Sweden is a leader in green technologies while India has unparalleled capacity for large-scale implementation of the same. Together we can explore technologies like green hydrogen, carbon capture and circular economy practices," said Christian Kamill, Deputy Head of Mission, Embassy of Sweden. He highlighted areas like green hydrogen, carbon capture and circular economy practices as promising avenues for collaboration. Kamill also pointed to Sweden's strides in renewable energy and transport electrification, noting that over 50 per cent of Sweden's energy already

Man-made products could be storing 8.4 bn tonnes of carbon: Study

About 8.4 billion tonnes of carbon is estimated to have been accumulated and stored in long-lasting products from around the world made by humans, such as plastics and buildings, between 1995 and 2019, according to a study. Researchers at the University of Groningen in the Netherlands said this 'fossil carbon' added to the 'technosphere' -- the sum of all human-made objects, both in use and discarded -- equals around 93 per cent of carbon dioxide emissions from around the world in 2019. They added that the carbon locked up in the 'technosphere' has a huge potential to add to greenhouse gas emissions. Increasing the lifetime of products and recycling rates are two ways to reduce the amount of fossil carbon entering waste streams, the researchers suggested. "Over these 25 years (1995-2019), 8.4 billion tons of fossil carbon have accumulated, with approximately 0.4 billion tons added each year, with a huge potential for further contribution to anthropogenic greenhouse gas emissions,"

India must use tech to decouple carbon emissions amid economic growth: EDF

As India experiences rapid economic growth, the need to decouple carbon emissions from economic expansion by leveraging technology has become increasingly urgent, according to Hisham Mundol, the Chief Advisor for the Environmental Defense Fund (EDF) in India. In an interview with PTI, Mundol stressed the transformative role technological innovation can play in achieving sustainable development while addressing the challenges posed by climate change. India, the world's fifth-largest economy, is currently undergoing a period of swift industrialisation and economic expansion. Its Gross Domestic Product (GDP) has consistently grown at rates that position it as one of the fastest-growing major economies. However, this rapid progress comes with a surge in energy demand, predominantly fuelled by coal and other fossil fuels. Although India's historical contribution to global carbon emissions remains modest -- at just 4 per cent -- its future emissions trajectory is under global ...

India lays stress on 'transition period' for European Union green norms

India-EU FTA was launched in June 2022. Nine rounds of negotiations have already taken place

Will use multiple technologies to reduce carbon emissions: Maruti Suzuki MD

MSIL plans to launch its first electric car in India in January 2025. Not just MSIL, Hyundai and Kia will also launch their first mass-market electric cars in India next year

Steel expansion could hinder net zero emission goal in India: GEM report

India's Prime Minister Narendra Modi has set 2070 as the target for achieving net zero emissions, two decades later than what scientists recommend to avoid catastrophic climate impacts

Goyal calls for promoting sustainable consumption to cut carbon footprint

Commerce and Industry Minister Piyush Goyal on Monday called for promoting sustainable consumption patterns to cut carbon footprint and resolve issues of environment. He said that people of the world would have to focus on consuming products which are environmentally sustainable. "We need to be conscious of the waste and carbon footprint due to our current lifestyle patterns. This is going to be a core of a better future for the world. Unless we address the consumption patterns, we are not going to resolve sustainability and environmental challenges," Goyal said. The minister was addressing CII's Partnership Summit here. He added that environmental challenges are not a function of the carbon emitted through manufacturing, but "it is a greater function of the carbon caused by (our) consumption because manufacturing comes only because there is a consumption demand". He suggested managing that demand in a better and more sustainable way. Speaking at the event, M K Nir Barkat, Minist

Goyal calls for sustainable consumption pattern to cut carbon footprint

Commerce and Industry Minister Piyush Goyal on Monday called for promoting sustainable consumption patterns to cut carbon footprint and resolve issues of environment. He said that people of the world would have to focus on consuming products which are environmentally sustainable. "We need to be conscious of the waste and carbon footprint due to our current lifestyle patterns. This is going to be a core of a better future for the world. Unless we address the consumption patterns, we are not going to resolve sustainability and environmental challenges," Goyal said. The minister was addressing CII's Partnership Summit here. He added that environmental challenges are not a function of the carbon emitted through manufacturing, but "it is a greater function of the carbon caused by (our) consumption because manufacturing comes only because there is a consumption demand". He suggested managing that demand in a better and more sustainable way. Speaking at the event, M K Nir Barkat, Minist

Climate solution: Sails make comeback in shipping, to dent carbon footprint

Had he continued working aboard fuel-powered cargo ships, Yann Jourdan reckons he'd be earning perhaps four times what he now gets as captain of a sailboat that instead uses the wind's clean energy to transport goods across the Atlantic. But the hit to Jourdan's pay is buying him peace of mind. When his 3-year-old son, Marcel, grows up, the burly French mariner wants to be able to explain what he did to make a dent in the the shipping industry's huge carbon footprint. The international merchant fleet of more than 100,000 ships transports more than 80% of global trade. But it's also responsible for about 3% of global greenhouse gas emissions. Without a quick switch from dirty fuels to cleaner energies, its pollution is forecast to soar. Mariners pushing for wind power say investors used to view them as something of a joke. But as they pioneer a comeback for sail-powered cargo ships, they're having the last laugh. It's our job to prove that it's possible, Jourdan said aboard the new

Vedanta and PwC partner on carbon reduction initiatives in Odisha

The companies plan to distribute 2,000 improved cookstoves and work to replace invasive plant species

COP29 gets UN carbon mkts going but concerns persist on climate integrity

UN Climate Change chief Simon Stiell lauded the passage and said that carbon markets would enable flow of $250 billion in annual financing

India's transport sector boom to push fuel use, emissions higher: Study

The transport sector is the second-highest emitter of carbon dioxide (CO2) globally, after the electricity and heat production sector