Voluntary carbon trades to begin in India

India’s carbon trading framework is getting ready for its rollout, with the Bureau of Energy Efficiency (BEE) picked to administer the market. The framework may be released this year and the market for voluntary carbon trading too will open during the year. BEE will assist the ministries of power and environment, which will separately come

Leading companies from EU ask for future fuels’ clarity

Leading companies from across Europe’s fuel production chain have joined with NGOs to press the European Union’s legislators to provide the clarity and certainty they need to make long term investments in the renewable fuels required for the clean energy transition. In a letter to the EU Council, Parliament and Commission, 47 entities, representing the

Lenovo to become NetZero by 2050

Lenovo announced its goal to reach netzero greenhouse gas (GHG) emissions by 2050, validated and approved by the Science Based Targets initiative (SBTi), a partnership between the UN Global Compact, CDP and World Wide Fund for Nature – making it the first PC and smartphone maker and one of only 139 companies in the world

ERI first to achieve carbon neutral status

ERI, the largest fully integrated IT and electronics asset disposition (ITAD) provider and cybersecurity-focused hardware destruction company in the US, announced that it is now 100% carbon neutral for all of its operational emissions. Through years of dedication towards reducing the company’s carbon footprint along with its partnership with TIME CO2 (and the CO2.com platform),

Businesses will struggle to meet netzero goals, AiDash study finds

AiDash has released its Carbon Offsetting in 2023 study that shares key findings from a global survey of more than 500 senior sustainability officers revealing sustainability strategy, carbon management planning, GHG emissions reporting, and more. The study found the majority of businesses will struggle to meet netzero goals without the use of carbon credits, but

ClearFlame Engine offers engine modifications

ClearFlame Engine Technologies, is proving companies don’t need to choose between their bottom lines and hitting ESG targets. ClearFlame is cleaning up existing assets through engine modification to decrease fleets’ carbon footprints, while at the same time saving them money on operating costs and offering the same performance drivers are used to. The company’s solution

Fossil fuel producers should help world reach netzero, say scientists

Fossil fuel companies should be forced to “take back” the carbon dioxide emitted from their products, handing them direct responsibility for cleaning up the climate, a group of scientists has argued. The principle that the producer of pollution should pay for its clean-up is established around the world, but has never been applied to the

Sanctions are impending for the heavy oils

The European Union, the G-7 and its allies will attempt to impose a cap on Russia’s fuel export prices from February 5, 2023. While similar measures are already in place on its crude shipments, it is the cap and ban on refined fuels — and in particular diesel — that has some oil-market watchers concerned

VECV to invest in multiple alternate fuel technologies

Volvo Eicher Commercial Vehicles (VECV), a joint-venture between Volvo Group and Eicher Motors Limited (EML), will invest in multiple alternate fuel technologies to help curb crude consumption and vehicular emissions in the country. VECV took the covers off a dual fuel bus at the India Motor Show. It is focusing on introducing sustainable mobility solutions

EAC recommends setting up end date for fossil fuels before 2050

The Environmental Audit Committee (EAC), a cross-party group tasked with making assessing progress in UK on green issues, warned policymakers that an end date should be set ‘well before 2050’ in order for the country to retain its reputation as one of the most pro-active in terms of the climate. Recommendations formed part of an