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

Germany calls nuclear power ‘dangerous,’ rejects EU plan

The German government has said that it considers nuclear energy dangerous and objects to European Union proposals that would let the technology remain part of the bloc’s plans for a climate-friendly future. Germany is on course to switch off its remaining three nuclear power plants at the end of this year and phase out coal

Panel formed to prepare energy transition roadmap for India

The government is planning to draw up an energy transition roadmap for the oil and gas sector that could prove to be a key step on India’s path to net-zero emissions by 2070. The oil ministry has set up the Energy Transition Advisory Committee headed by former petroleum secretary Tarun Kapoor, who demitted office in

It takes green to go green

President Biden made headlines with his recent executive order directing federal agencies to achieve net-zero greenhouse emissions by 2050, including meeting ambitious goals this decade to decarbonize federal vehicles, buildings and electricity use. While the President’s plan would make only a dent in US emissions overall, the real aim is to use the government’s vast

India sets sights on record green bond issuance entering 2022

India’s green bond issuance is set to reach a new record in 2022, following an exceptionally strong 2021. Corporate and bank issuers in India are likely to tap the climate-related debt market more actively as the world’s third-largest emitter of carbon dioxide will need as much as $10 trillion to be carbon-neutral by 2070, experts