EU proposes rules to label some gas and nuclear investments as green

Investments in some gas and nuclear power plants would be labelled as sustainable under rules proposed by European Commission on Wednesday, a plan that has split countries and investors, and which some lawmakers will attempt to block. Brussels has taken more than a year to decide if gas and nuclear energy should count as green

Biden admn to give states $1.15 bn to plug methane leak

The White House on Monday announced new steps to help curb emissions of methane, saying it will send $1.15 billion to states to clean up thousands of orphaned oil and gas wells that leak the powerful planet-warming gas. The Biden administration also outlined plans to enforce requirements for pipeline operators to minimize methane leaks, undertake

Budget 2022 must focus on India’s new energy transition

India imports 80 percent of crude oil, and 54 percent of LNG representing ~38 percent of India’s energy consumption. For every 10 percent increase in crude oil price, there is an impact on India’s current account deficit by $10 billion, or negative 0.4 percent of GDP. Crude oil prices have increased by nearly 28 percent

Green hydrogen policy to be unveiled in next 10 days: R K Singh

The green hydrogen policy will be unveiled in the next 10 days featuring incentives like free transmission for 25 years to boost production of this clean source of energy, Power and New & Renewable Energy Minister R K Singh said on Thursday. “We will come out with the green hydrogen policy in the next 10

A green Budget as the turning point in India’s mission net-zero

India’s gross domestic product (GDP) is projected to grow between $8.5 trillion and $10 trillion by 2030. We can expect every budget in the intervening years to provide the platform to propel the economy at the required rate, but each will have its context. This year’s budget comes at a time when the context is

How India can gradually shift to renewable energy

Unprecedented changes in the weather pattern due to human induced climate change have become a primary focus for policy makers and businesses around the world. Remaining below 1.5°C has become the No 1 target for everyone on this planet. Induced by these factors, the manufacturing world is also undergoing a significant shift. Generally, heavy industry

Look at these industries transitioning to netzero

To stay below the 1.5℃ target of the Paris Agreement, this must be the “decade of delivery” for governments, industries and organizations. COP26 was public-private in nature and brought forward the 2050 target of net zero through tangible and measurable 2030 goals, both important steps towards a decade of delivery. The changes underway in industries

Who monitors and measures emissions?

For many years now, environmental issues have been occupying an ever-greater role in the media spotlight. With more and more consumers worried about issues such as climate change and global warming, the monitoring and measurement of emissions – followed by the publication of those figures to demonstrate whether emissions are rising or falling – has

How India can give a boost to biofuels

India’s transportation sector contributes about 10 per cent of total national greenhouse gas (GHG) emissions. Out of which, road transportation contributes about 87 per cent of the total emissions. Clearly, achieving net zero emission by 2070 implies road transportation needs significant overhaul. While EV or hydrogen fuel cell based transportation may be the mainstream in

Indian cabinet approves phase-II Of green energy corridor

The Union Cabinet gave its nod to investing Rs 12,031 crore for laying transmission lines to evacuate electricity generated from renewable power projects in seven states. The project, called Green Energy Corridor Phase-II, would involve laying 10,750 circuit kilometres of transmission lines by 2026, Union minister Anurag Thakur told reporters. The scheme’s total estimated cost