NITI Aayog, UNDP join hands to fast-track SDGs

Central think tank NITI Aayog and the United Nations Development Programme (UNDP) signed a memorandum of understanding to formalise a cooperative framework to fast-track India’s pursuit to achieve its sustainable development goals (SDGs), the Aayog said. The memorandum of understanding will focus on the two organisations’ cooperation on a range of areas, including SDG localisation,

MISC, Samsung Heavy complete conceptual design of CO2 storage

Malaysia’s top shipping line, MISC, and South Korean shipbuilder Samsung Heavy Industries (SHI) have completed a conceptual design for a floating CO2 storage unit with the aim of enhancing the efficiency of the carbon capture and storage (CCS) value chain within the maritime industry. The floater, designed with a total storage capacity of 100,000 cu

Direct power generation from methylcyclohexane

Methylcyclohexane (MCH), a type of organic hydride, is expected to be an excellent hydrogen carrier because it remains liquid at room temperature, is easy to transport, has low toxicity, and has a higher hydrogen density than high-pressure hydrogen. Dehydrogenation—the process of removing hydrogen atoms from molecules—in the presence of a catalyst, yields hydrogen and the

Incat Tasmania to deliver world’s largest all-electric ferry

Shipbuilder Incat Tasmania has commenced construction of a lightweight aluminum ferry that it said will be the largest 100% battery-electric vessel yet built. The 40 MWh battery energy storage system is expected to be the largest installed on a ship – four times bigger than the current largest installation. The catamaran, designed to carry both

IOC selects Linde India to set up new unit at Panipat refinery

Indian Oil has awarded a letter of acceptance to Linde India to set up a new unit as part of the operator’s project to expand crude oil processing capacity and petrochemical production at its Panipat refining and chemical complex in India. Indian Oil Corp. Ltd. (IOC) has awarded a letter of acceptance (LOA) to Linde

G20 economies need to invest $35 tn more to achieve net-zero

G20 economies would need to invest about an estimated $35 trillion this decade, over and above the current spending, to be on track to reach net zero greenhouse gas emissions by 2050, a study by McKinsey said. A report on this was released on the sidelines of the B20 summit. While G20 economies have made

SteelMin considering mandating production toward green steel

The Ministry of Steel, Government of India, is contemplating mandating steel producers to dedicate a percentage of their production toward green steel. This was informed by Jyotiraditya Scindia, Union Minister of Steel, during a virtual address from New Delhi to SteelMint’s flagship conference in Kolkata. Addressing the gathering at the ‘3rd Coal Outlook Conference’, ‘the

Tata Motors aims to achieve netzero emissions by 2045

Tata Motors has pledged to transform its facilities into net-zero greenhouse gas emissions sites by 2045, and it is actively pursuing various technologies, such as electric and hydrogen fuel, to accomplish this goal, as stated by Executive Director Girish Wagh. The organization, valued at $37 billion and holding a prominent position in the commercial vehicle

Indian Oil to invest $30 bn to achieve net-zero target

Indian Oil Corp plans to spend $30 billion to achieve its net-zero operational emissions target by 2046, the oil refiner’ chairman said. The company also announced an investment of Rs1 lakh crore ($12bn) to increase its refining capacity, already India’s largest, by a third. Under this plan, Indian Oil will have a refining capacity of

‘Worthless’ forest carbon offsets risk worsening climate change

More than 90% of rainforest carbon offsets are worthless. These credits are essentially a promise to protect forests and can be bought as a way to “offset” emissions elsewhere. But experts say the claims were “absolutely incorrect”. It shows unequivocally that many projects which have sold what are known as REDD+ (reducing emissions from deforestation