A,P decides to support carbon credit trading

Chief Secretary K.S. Jawahar Reddy pledged support on behalf of the Andhra Pradesh (A.P.) government to the carbon credit trading scheme which is aimed at reducing the Greenhouse Gas (GHG) emissions thus mitigating the adverse effects of climate change. The scheme has been initiated by the Government of India (GoI) with the stated objectives. Trading

GHGs rose at alarming rate: NOAA

Record temperatures, devastating floods and superstorms are causing death and destruction across the planet but humans are failing to cut greenhouse gas emissions (GHGs) fueling the climate emergency, new US data shows. Atmospheric levels of carbon dioxide (CO2), methane and nitrous oxide – the greenhouse gases emitted by human activity that are the most significant

Eco Wave to supply electricity generated from waves

Israel’s Eco Wave Power, which has developed technology to harness clean energy from the motion of waves, has inked a first agreement with the Israeli National Electric Company to connect its wave-energy power plant and sell electricity to Israel’s power grid. Eco Wave said it entered into a power purchase agreement with the IEC for

Electronic companies agree to improve energy efficiency of TVs

A group of major companies have signed a voluntary agreement with industry organizations to “significantly improve the energy efficiency of TVs” sold in North America. The European Union in 2021 introduced a new stricter Energy Label to specify both SDR and HDR power consumption, and further tightened energy requirements in March 2023. The new voluntary

Adaptis to provide green solutions to construction industry

A startup co-founded by a Waterloo Engineering alumnus to help make the construction industry greener has raised $2 million in investment in its first year of operation. Adaptis, which developed artificial intelligence software to increase material recycling and reduce carbon emissions. The software solution is meant to improve and optimize existing condition assessments and building

Ossus raises pre-Series A round funding

Green energy startup Ossus Biorenewables has secured $2.4 million in a pre-Series A round co-led by Gruhas and Rainmatter Climate. The company plans to utilise the funds to accelerate the deployment of Ossus’s OB HydraCel across other sectors, including refining, foods, brewing, chemicals, and pharmaceuticals industries, and produce 3-5 tons of green hydrogen each day

Etrio, Kosher Climate collaborate for carbon credit framework

Etrio and Kosher Climate Collaborate Tech-driven leading EV Manufacturer in India, Etrio has announced the strategic partnership with Bangalore-based renewable energy consultants and developers of environmental commodities – Kosher Climate, to collaborate for creating a carbon credit framework – a first-of-its-kind mechanism designed for commercial EVs. This collaboration will help companies reduce Greenhouse emissions and

KHIMOD, Elyse Energy to work on aviation decarbonization

KHIMOD and Elyse Energy have announced a partnership to produce sustainable aviation fuels (SAF) to decarbonise aviation. Through the collaborative project AVEBIO, the two companies will demonstrate the production of sustainable e-fuels for air transport based on the yet-to-valorise carbon dioxide (CO2) of a biofuel production unit. The project’s goal is to valorise biomass deposit

Himalayan Glaciers melting so fast into lakes

Recent research has revealed that Himalayan glaciers that melt into lakes are losing significantly more ice than suggested by previous assessments. The exact loss of these lake-terminating glaciers in the Greater Himalayas has been underestimated by 6.5%. The most significant underestimation was seen in the Central Himalayas, which has lost 10% more glaciers, as per

India cuts windfall tax on crude production to nil

India has cut all windfall tax on crude oil from 3,500 rupees ($42.56) per tonne. The windfall tax on diesel was cut to Rs 0.50 per litre from Rs 1 previously. As on April 4, only diesel carries a windfall tax while crude, ATF & petrol will not attract any such levies. India had in