The world is projected to spew 40.6 billion tonnes of CO2 (GtCO2) into the atmosphere in 2022, with no sign of the decrease that is urgently needed to limit warming to 1.5 degree Celsius, according to a new report released on Friday, coinciding with the UN climate summit in Egypt. The projection of 40.6 GtCO2 total emissions in 2022 is close to the highest-ever annual total of 40.9 GtCO2 in 2019. If current emissions levels persist, there is a 50 percent chance that warming of 1.5 degree Celsius will be exceeded in nine years, according to the "Global Carbon Budget 2022" report by a group of scientists who track emissions and publish in peer- reviewed scientific journals. 1.5 degree Celsius is the preferred warming limit set by the 2015 Paris Agreement -- a limit that countries hope will be sufficient to avoid the worst impacts of climate change. Earth's global surface temperature has increased by around 1.1 degree Celsius as compared to the average in the pre-industrial (18501900)
The sector's operational energy-related CO2 emissions reached 10 gigatonnes of CO2 equivalent -- 5 per cent over 2020 levels and 2 per cent over the pre-pandemic peak in 2019.
The findings of new research have shown just how much the forests have been bulking up on that excess carbon
In India, Electric Vehicles (EVs) attract a GST of 5 per cent, while hybrids attract a much higher 43 per cent
Govt must move fast on emission trading
Steel Minister Jyotiraditya M Scindia on Friday said the metal sector is highly energy-intensive which causes large carbon emissions, and there is a need to adopt new technologies for attaining the zero-emission target. The iron and steel industry globally accounts for around 8 per cent of total carbon dioxide emissions on an annual basis, whereas in India, it contributes 12 per cent to the total CO2 emissions. In today's world nothing is waste and all so-called wastes can be converted into resources by adopting suitable technology, the minister stated. Speaking at an international conference on circular economy and resource efficiency, Scindia said majority of natural resources are finite, so it is important to find environmentally and economically feasible ways to utilise these resources. The country's mining and metal sector, he said, is posed for robust development due to expected jump in demand to support the growth in the automotive, infrastructure, transport, space and defen
The product has the potential to reduce CO2 emissions
Tata Steel's blast furnaces in the UK are using billions of microscopic bacteria to convert its emissions into stock materials for other industries to make recycled products
The results highlight the outsized role these emitters play in driving warming and temperature extremes around the world.
India is in a fortunate position in that almost every action to improve productivity and equity will be carbon reducing
The world's strong economic rebound has created a surge in demand for energy, and the global energy system is still heavily dependent on fossil fuels
In 2019, India's carbon dioxide emissions grew 3.7%, the corresponding increase for China and Russia was 0.7%
The PM said India would have 500 Gw of renewable energy capacity by 2030 and that 50 per cent of the country's energy demand would be met from non-fossil fuel sources by that year
Central planning in decarbonisation will impose excessive costs upon society
While the rich nations of the global north have led calls to rein in emissions, their less affluent counterparts have largely remained on the sidelines
As the fourth-largest source of emissions, India will be noticed if a strong climate transition does not commence
Developed countries must take measures and legislate for net-zero emissions by the current decade itself, India demanded on Friday.
"I don't think it is the right time (to implement) the new stage of CAFE (Corporate Average Fuel Efficiency) norms," MSI Chairman R C Bhargava told PTI
Indian airlines carbon dioxide emissions increased by 63.5 per cent from 11,560 thousand tons in 2012 to 18,900 thousand tons in 2019, Minister of State for Civil Aviation V K Singh said on Wednesday.
The International Monetary Fund on Friday proposed to set up an international carbon price floor to help limit global warming and achieve the transition toward low carbon growth over this decade