Cathay Cargo receives IATA’s CEIV lithium batteries accreditation

The airline-specific CEIV Li-batt accreditation joins Cathay Cargo’s existing mitigations for lithium-ion battery shipments, which include a full range of fire containment bags (FCBs) and fire-resistant containers (FRCs).

India buys Russian crude despite narrowing discounts

Indian buyers, key consumers of cheap Urals crude since the invasion of Ukraine, have no plans to turn away from Moscow even as the discount to global benchmarks narrows, arguing Russian barrels remain among their most affordable options. India’s consumption of Russian crude has soared since last year, with the country becoming a leading supplier,

Tesco reveals netzero targets

Tesco has revealed a set of netzero targets, approved by the Science Based Targets Initiative (SBTi), in a bid to achieve carbon neutrality within its operations by 2035 and across its value chain by 2050. Tesco was one of the first businesses to set approved 1.5C science-based targets. The targets encompass interim aims to cut

Scientists warn US forests could become carbon emitters by 2070

A new concerning report issued by the US Department of Agriculture has projected that by 2070, the forests in America could be emitting significantly more carbon into the atmosphere than they are able to sequester. According to experts, forests across the United States, except for those in Alaska, are expected to cease absorbing 150 million

Taylormade Renewables gets Rs 1.59 bn order from AP

Taylormade Renewables announced that it had successfully secured an order valued at Rs 1.59 billion from the Andhra Pradesh government. It was stated that the order was related to the development of a stormwater drainage network, improvements to outfalls, and the establishment of a sewage treatment plant (STP) within the Proddatur municipality in the state.

SJVN signs MoUs with ONGC, SSL to develop solar projects

State-owned SJVN Ltd has signed inked pacts with Oil & Natural Gas Corp. (ONGC) and Sambhar Salts Ltd. (SSL), a subsidiary of Hindustan Salts Ltd., for development of solar parks and projects. The joint development of the projects will be undertaken with the formation of a joint venture between SGEL, a wholly owned subsidiary of

L&T plans invest $12 bn in green energy

Larsen & Toubro Ltd. plans to invest as much as $12 billion over the next five years, a third of which will go toward expanding its clean energy business. The company intends to build 2-3 million tonnes of green hydrogen and ammonia capacity with an investment of close to $4 billion. L&T has approached some

AI benefits or beats the green transition path?

Meeting decarbonization goals in time to avoid the worst impacts of climate change will require an unprecedented amount of coordination between economic sectors in record time, which will be nearly impossible to carry out smoothly without machine learning. However, as the uptake of artificial intelligence expands, so too does its already enormous carbon footprint, raising

MOL and MSC become part of decarbonisation coalitions

MITSUI O.S.K. Lines and MSC have joined coalitions aiming to decarbonise the shipping industry. MOL has signed a five-year impact partnership agreement with the Global Centre for Maritime Decarbonisation, and MSC has become a member of the SEA-LNG Coalition. As a GCMD impact partner, MOL intends to provide access to vessels as part of coalition

India succeeds in reducing 33% emissions

India’s greenhouse emissions rate dropped by a faster-than-expected 33% in 14 years as renewable energy generation rose and forest cover increased, according to two officials privy to latest assessment made for submission to the United Nations. The report’s findings showed India well on the way to meeting a commitment to the United Nations Convention on