India to collaborate with Japan, UNDP for netzero emissions

India Meteorological Department (IMD), Government of Japan, and United Nations Development Programme (UNDP) have announced a new initiative to accelerate climate action in ten states and union territories across the country. A statement issued from UNDP said that in partnership with the IMD at the Ministry of Earth Sciences and the Ministry of New and

Achieving 100% renewable energy system across the world by 2050 possible

Hundreds of scientific studies have proven that 100% renewable energy systems can be achieved on global, regional, and national levels by or before 2050. The number of published studies has grown by 27% annually since the year 2010 and continues to grow each year. Research from 15 leading international universities suggests that a new system

Scotland to decarbonize North Sea platforms with commercial scale wind projects

Crown Estate Scotland has invited offshore wind developers to put forward project proposals for the leasing of seabed to reduce UK North Sea emissions and boost innovation. Under the Innovation and Targeted Oil and Gas (INTOG) offshore wind leasing process, which is separate to the ScotWind leasing round for commercial scale wind projects in Scottish

JSW Energy to acquire Mytrah Energy’s renewable assets

JSW Neo Energy will acquire a portfolio of 1,753 MW of Renewable Energy generation capacity from Mytrah Energy (India) Private Limited for $133.01 million (Rs 10,530 crore). The wholly owned subsidiary of JSW Energy’s transaction is subject to approval of the Competition Commission of India (CCI) and other customary approvals. Mytrah Portfolio consists of 10

Carbon credit exports will not kickstart until climate targets are met in the country

India’s power minister Raj Kumar Singh made it clear that India will not export any carbon credits until it meets climate goals. India will ban firms to export carbon credits until the nation meets its climate goals, power and renewable energy minister Raj Kumar Singh told lawmakers debating changes to the country’s energy conservation law.

CMAC Group to work together with Trees4Travel for carbon neutral targets

CMAC Group has announced a partnership with Trees4Travel in a bid to become a carbon neutral organisation by the end of 2023. As part of the collaborative project, CMAC’s clients can choose to decarbonise their ground travel and the company will facilitate reforestation projects on their behalf. Trees4Travel will calculate and grow the necessary trees

Victoria to ban use of fossil fuels in new buildings

Citing concern about climate change and pollution, Victoria council has made the decision to accelerate the reduction of greenhouse gases in new buildings five years ahead of provincial requirements. Almost all new construction in Victoria, B.C., in Canada – from single-family homes to office and residential towers – will be required to be “zero carbon”

$369bn allocated for clean-energy programs in the US

The Inflation Reduction Act passed by the US Senate includes $369bn in investments to advance America’s clean-energy programs, including offshore wind development and projects to reduce emissions at the country’s maritime ports. Three billion dollars have been earmarked over a five-year period for port electrification. The funds cannot be used to automate container terminals. The

Can we consider ESG reports as a replacement for real sustainability?

ESG reporting means revealing environmental, social and corporate governance data. The purpose of ESG Reports is to throw focus on a company’s ESG activities and improving investor transparency while inspiring other organizations to do the same. Of late, corporate leaders are facing conflicting signals with regard to environmental, social, and governance reporting, which has generated

Tankers developed with carbon capture systems

Dalian Shipbuilding Industry Co (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC) and Cosco Shipping Energy Transportation (CSET), the tanker operation unit of Cosco Shipping Group, have developed two types of tankers equipped with carbon capture and storage systems. The vessels’ conceptual design involved a very large crude carrier (VLCC) and a suezmax, which