There is a need to enhance efficiency of coal-based power plants by reducing their emissions level, Union Minister R K Singh said on Tuesday. The Minister for Power, New and Renewable Energy made the remarks at NTPC's Indian Power Stations O&M Conference (IPS 2024) at Raipur. The event commemorates the historic commissioning of the first unit of NTPC at Singrauli in 1982, NTPC said in a statement. The minister said that transition to green energy should not be worrying as both thermal and renewable shall coexist. "The world is not against coal-based power. However, for our current and upcoming coal-based plants, it is the need of hour to develop a mechanism to ensure increasing efficiency while reducing emission," he said. He further said he appreciates NTPC's contributions to the power sector and that he envisions the company to double its capacity from current 73 GW to 150 GW and become a global, multi-national entity operating its power plants worldwide. The minister had ...
Technological limitations and policy inconsistencies pose a formidable challenge
This is a complete misconception that exports and imports contribute significantly to global carbon emissions and India needs to flag this issue in the discussions on global trade and climate change in Dubai, think tank GTRI said on Sunday. On December 4, United Nations climate change conference COP28 in Dubai is dedicating a day to explore the relationship between global trade and climate change. The World Trade Organization (WTO) is the co-lead of the Trade Day event. The primary goal is to nudge governments worldwide to integrate climate-friendly measures into their national trade policies, the Global Trade Research Initiative (GTRI) said in its report. Other potential topics of discussions include green trade policies, the role of renewable energy in trade, and carbon pricing strategies, it added. "India must highlight the misconception that trade significantly contributes to global emissions. It must be corrected as trade-related activities account for only about 3 per cent of
India reduced its GDP emission intensity by 33 per cent between 2005 and 2019, achieving the target 11 years in advance, according to a government report. The report also said India's GDP grew at a cumulative annual growth rate of 7 per cent but its emissions rose by only 4 per cent per year during this period, suggesting that the country has been successful in decoupling its economic growth from planet-warming greenhouse gas emissions. The report called 'The Third National Communication to the United Nations Framework Convention on Climate Change' will be submitted to the UN climate change body during the ongoing climate talks in Dubai, officials said. National communications contain information on a country's greenhouse gas emissions, its vulnerability to climate change, and the measures any country is taking to mitigate emissions and adapt to the impacts of climate change. Environment Minister Bhupender Yadav said that India reduced its GDP emission intensity by 33 per cent betw
State Bank of India, the country's largest lender will encourage corporates to implement emission reduction technologies and get better terms for availing finance, an official of the bank said on Thursday. Ashwini Kumar Tewari, the managing director (risk, compliance and stressed assets resolution group), SBI, said that the bank will see how it can help corporates in this regard but at the moment does not ask them of their plans for net zero. At present SBI gives 25 basis points concession on interest rates for electric vehicles. At a later stage, corporates with a better ESG (environment, social and corporate governance) score will get better terms for getting finance from it, he said. "We don't ask for net zero plan from the companies now. Ultimately, we will go to it. We will start conversation with the corporates and that process will start," he said at the sidelines of the banking conclave organised by CII here. 'Net zero' emissions refer to the acheiving of an overall balance
Image-sharing platform says the intention is to strike balance between autonomy and safety for young people
Godrej Industries Limited and Associate Companies (GILAC) has submitted greenhouse gas (GHG) emission reduction targets to the Science Based Targets initiative (SBTi) for validation
'The three manufacturers now have an opportunity to respond to our findings', said EU competition commissioner
The company has signed a license implementation agreement with Fuel Tech for transfer of know-how relating to systems for the reduction of nitrogen oxide (NOx) emissions