Page 2 - Co2 Emissions

COP28: Renewables a way to phase out fossil fuels, says TotalEnergies

Governments at previous climate talks agreed to phase down the use of unabated coal, but the talks, hosted by oil power United Arab Emirates, have so far been split on the future role of fossil fuels

Unambitious targets

Global climate goals need to be scaled up at COP

Global emissions predicted to drop just 2% by 2030, shows UN report

Global emissions are predicted to drop just 2 per cent below the 2019 levels by 2030, as compared to a 43 per cent reduction needed to avoid the worst impacts of climate change, according to a new report by the United Nations. The report comes ahead of the 28th UN Climate Change Conference in Dubai, where countries are expected to push for stronger climate action to limit warming to 1.5 degrees. According to the UN's Intergovernmental Panel on Climate Change (IPCC), a body of top climate scientists, greenhouse gas emissions need to be cut by 43 per cent by 2030, compared to the 2019 levels. This is critical to limit temperature rise to 1.5 degrees Celsius by the end of this century and avoid the worst impacts of climate change, including more frequent and severe droughts, heatwaves and rainfall. The UN Framework Convention on Climate Change (UNFCCC) analysed the Nationally Determined Contributions of 195 parties to the Paris Agreement, including 20 new or updated NDCs submitted up .

Gail does world's first ship-to-ship LNG transfer, cuts CO2 emissions

India's top gas firm GAIL has done the world's first ship-to-ship liquefied natural gas (LNG) transfer to save on shipping costs and cut emissions as the state-owned entity looks at innovative ways as a pivot to boost business, company officials said. GAIL has contracted 5.8 million tonnes per annum of LNG (natural gas super-cooled to liquid form) from the US. The company brings this volume to India via LNG ships. The ship typically travels a distance of about 19,554 nautical miles for a round trip to transport LNG from Sabine Pass in the US to India via the Suez Canal and Gibraltar. This journey takes approximately 54 days and emits about 15,600 tonnes of CO2. Emissions are generally controlled using the latest technology or changing the destination of the cargo. However, GAIL's innovative contractual arrangement that results in vessels following an optimised path has resulted in a significant reduction in CO2 emission. Recently, the company-hired vessel Castillo De Santisteban mov

How technology is using data to reduce carbon emissions

Decarbonisation efforts are occurring in every sector of business and society. Commercial and personal consumption is being audited for wastage, leakage, reuse of energy

Emission norms: Top carmakers face strict penalties for violation

The stiff penalties stem from the upgrade in the Corporate Average Fuel Economy (CAFE) standard that went into effect in January of this year

Carbon pricing challenges

India's piecemeal approach to carbon pricing, driven by emerging trade barriers, is not a long-term strategy

Indian companies prep for EU's CBAM as transitional phase kicks in

Starting from October 1, the carbon border adjustment mechanism (CBAM) will be applicable to exports of cement, iron and steel, aluminium, fertilisers, and hydrogen to the EU

NTT Communications leads to significant CO2 reduction in agriculture

Based on collaboration with Yanmar Holdings, this project is moving forward. It is well known for its agricultural equipment and facilities. The project aims to get advantageous carbon credits

Essar, Desert Tech sign pact for green steel solutions in Saudi Arabia

Essar has been tying up the back end for its proposed Saudi steel plant, which is expected to start production in 2027

India mulls issuing green ammonia tender to curb fertilizer emissions

Talks are taking place between fertilizer manufacturers and the country's renewable energy ministry to assess potential demand for the feedstock, Bhupinder Singh Bhalla, the dept's top bureaucrat said

Innovation plays critical role in reducing emissions: OPEC Secy Gen

"We need to focus on 'all-peoples, all-fuels and all-technologies' approach for the energy transitions,'' he noted

India asks rich nations to intensity emission cuts at G7 ministers' meeting

Meeting the global target of achieving net zero emissions by 2050 will require developed nations to scale up their emission reduction efforts, India said at the G7 Ministers Meeting on Climate Energy and Environment in Japan's Sapporo on Saturday. This will create opportunities for developing nations like India to address the needs of its people, which will also build resilience against the adverse impacts of climate change, environmental degradation, and pollution, Union Environment Minister Bhupender Yadav said at the plenary session of the G7 minister's meeting. He also emphasised that developing countries require access to adequate means of implementation, finance, and technology to effectively combat climate change and address environmental challenges. "The global goal of reaching net zero by 2050 needs enhanced emission descaling by developed nations. This will provide space for countries like India to achieve the development required for its people, which will provide necessa

Lamborghini India looking to reduce CO2 emissions by 50% by 2025

Despite Italy generally opposing the EU's plan for carbon neutrality by 2035, one of its most famous carmakers is stepping up its electrification plans

Carbon dioxide emissions reached a record high in 2022, says IEA

In Europe, electricity generation from wind, solar power exceeded gas or nuclear for the first time

The high road to net zero: How CCUS can speed up India's transition plan

Carbon capture utilisation technology can play a crucial role in reducing CO2 emissions, provided the government shapes a workable regulatory framework first

How CO2 removal can take us back to ideal state of pre-industrial era

There are good reasons for governments to utilize novel CDR methods at the same time as expanding established land-based carbon capture and storage

Jindal Stainless reduced 1.4 lakh tonnes of CO2 emissions in FY22, says MD

The country's largest stainless steel maker Jindal Stainless took various initiatives to reduce 1.4 lakh tonnes (LT) of carbon emissions in the last financial year, its Managing Director Abhyuday Jindal said on Monday. The company aims to be carbon neutral by 2050. To achieve the goal, JSL has also created a position of Chief Sustainability Officer (CSO) and appointed Kalyan Kumar Bhattacherjee to the key post, Jindal said in a company statement. "We reduced 1.4 LT CO2 in FY22 through various initiatives. From investing in Renewable Energy, Green Hydrogen production to introducing EVs at our manufacturing plants, we are continuously building an ecosystem that supports our environmental, social, and governance goals (ESGs)," he said. Bhattacherjee will be responsible for leading sustainability initiatives, reducing carbon emissions for the company's current and future capacity expansion plans with the goal to achieve the net-zero target by 2050, JSL said. Bhattacherjee said JSL is

Carmakers may end up paying penalties for missing emissions targets: Report

CAFE scores are designed to encourage carmakers to focus on technologies that reduce CO2 emissions

India's ambitious 2070 zero emission target needs $10 trillion investment

India will have to look at gathering funds to achieve the objective as well as having the desired technologies to meet the target in the long run, experts say