Page 73 - Climate Change

Impacts from climate change rapidly accelerating in California: Report

The last two decades have been the driest in the past millennium, with California glaciers rapidly disappearing and temperatures up 2.5 degrees since 1895

TMS Ep294: Indian economy, India and COP27, Telecom stocks, 5G testbed

Indian economy: Fingers crossed for the second half? India and COP27: How does the new climate report affect them? Should you buy telecom stocks ahead of 5G boom? What is 5G testbed? Answers here

India and COP27: How does the new climate report affect them?

A UN report, which came out days ahead of COP27 meet, has warned that India's plans to cut emission are not enough to avoid global warming. What will be its agenda at the COP27 meeting?

India needs to be flexible as G-20 chief in face of global challenges: CEA

Nageswaran flags climate finance as a key agenda of bloc in face of 'unknown unknowns'

COP27: All eyes on Egypt to steer climate finance towards adaptation

With the summit happening amid Ukraine war and recession fears, budget cuts for climate are apprehended as nations use money to secure energy and development aid shifts towards humanitarian projects

Crops heavily damaged due to unseasonal rains: Union minister Tomar

Union Agriculture Minister Narendra Singh Tomar on Tuesday said crops suffered heavy damage due to unseasonal rains, which is a fallout of climate change. He said state governments are assessing losses incurred by farmers due to heavy rains in their respective regions. Speaking on the sidelines of an event in Pune, Tomar said the income of farmers should be increased and Prime Minister Narendra Modi is fully committed to this goal. "No one has control over natural calamities. Climate change is being witnessed due to which unseasonal rains occur in one place while other region sees drought. Because of these factors, farmers are affected. This time, crops suffered heavy damage due to rains," the Union minister said. Tomar was in Pune to attend the National Level Horticulture Value Chain Function, organized at Vaikunth Mehta National Institute of Cooperative Management. He said state governments are conducting surveys of the damage caused due to heavy rains and farmers will be provid

Activists target buildings in London to protest against fossil fuels

A climate activist group recently targeted landmark buildings in London by spray painting them in an act of protest against fossil fuels

Climate responsibility

India should assert the principles of liability and fairness as the basis for climate action

What long-term stagnation of global economy means for climate change

The global economy has been trapped in a state of relative stagnation in rates of growth, productivity, investment, and profitability since at least the 2008 financial crisis

Heat waves due to climate change have cost world economy trillions so far

Massive economic losses brought on by extreme heat induced by human-driven climate change are an issue now, not only in the distant future

EU approves ban on new combustion-engine cars from 2035 for climate goals

The European Parliament and EU member countries have reached a deal to ban the sale of new gasoline and diesel cars and vans by 2035. EU negotiators sealed on Thursday night the first agreement of the bloc's Fit for 55" package set up by the Commission to achieve the EU's climate goals of cutting emissions of the gases that cause global warming by 55 per cent over this decade. The EU Parliament said the deal is a clear signal ahead of the UN COP27 Climate Change Conference that the EU is serious about adopting concrete laws to reach the more ambitious targets set out in the EU Climate Law." According to the bloc's data, transport is the only sector where greenhouse gas emissions have increased in the past three decades, rising 33.5 per cent between 1990 and 2019. Passenger cars are a major polluter, accounting for 61 per cent of total CO2 emissions from EU road transport. The EU wants to drastically reduce gas emission from transportation by 2050 and promote electric cars, but a .

Climate goals at risk, emissions by top emitters rebound: UN report

No credible pathway to restrict global warming to under 1.5 degrees Celsius, it says

Averting climate disasters requires bold emission reduction measure: UNEP

Community of nations must implement bold measures to reduce greenhouse gas emissions and avert runaway climate emergencies including floods, droughts, heatwaves and cyclones, the UNEP said

Emissions to hit a peak by 2025, demand for fossil fuel to reduce: IEA

Global greenhouse emissions will peak in 2025 as the world goes through a "profound reorientation" in terms of energy use, said the World Energy Outlook 2022 report

Best of BS Opinion: Political currency, marginal progress, and more

Here is the best of Business Standard's opinion pieces for today

Marginal progress on climate

Even with 40 countries issuing new NDCs, the carbon mitigation pledges remain inadequate to contain the rise in global temperature to 1.5 degrees Celsius by the end of this century

India's per capita GHG emissions far below world average: UNEP report

At 2.4 tCO2e (tonne carbon dioxide equivalent), India's per capita greenhouse gas emissions were far below the world average of 6.3 tCO2e in 2020, according to a new report released by the United Nations Environment Programme on Thursday. The "Emissions Gap Report 2022: The Closing Window", released ahead of the UN Climate Change conference (COP27) in Egypt next month, also said the international community is still falling far short of the Paris goals, with no credible pathway to limiting global temperature rise to 1.5 degree Celsius in place. To address climate change, countries adopted the Paris Agreement in 2015 to limit global temperature rise in this century to well below 2 degrees Celsius, preferably to 1.5 degrees Celsius, compared to pre-industrial levels. "World average per capita GHG emissions (including land use, land-use change, and forestry -- LULUCF) were 6.3 tCO2e in 2020. The US remains far above this level at 14 tCO2e, followed by 13 tCO2e in the Russian Federation,

Top Headlines: Passenger vehicle sales up, legal power to CCI and more

Business Standard brings you the top headlines at this hour

Earth on track to warm above 2C despite climate action, claims report

Despite some progress in the last year, governments need to do more by 2030 to ensure that the global temperature increase is below 2C and ideally closer to 1.5C

Greenhouse gases reach new record high levels in 2021: UN weather agency

The three main greenhouse gases hit record high levels in the atmosphere last year, the UN weather agency said on Wednesday, calling it an ominous sign as war in Ukraine, rising costs of food and fuel, and other worries have elbowed in on longtime concerns about global warming in recent months. More bad news for the planet, the World Meteorological Organisation said in a statement along with its latest annual Greenhouse Gas Bulletin. It's one of several reports released in recent days looking at several aspects of humanity's struggle with climate change in the run up to the UN's latest climate conference, in Sharm el-Sheikh in Egypt. Of the three main types of heat-trapping greenhouse gases carbon dioxide, methane and nitrous oxide the biggest jump from 2020 to 2021 was in methane, whose concentrations in the air came in with the biggest year-on-year increase since regular measurements began four decades ago, WMO said. The continuing rise in concentrations of the main heat-trappin