Environment panel meet to approve ethanol plants

The expert appraisal committee of the ministry of environment, forest and climate change (MoEFCC) will consider a dozen applications on January 6-7 from companies to set up grain-based ethanol distillery units across India. The interest to set up fresh units for ethanol production comes at a time when the government is going all out to

Keeping Pace with the Climate Transition

The transition to a low-carbon economy could occur faster than investors may think. Climate change has already become one of the most prominent line items on the world’s agenda. But we believe that its impact on the global macroeconomy is just beginning and increasing in pace. In our view, investors should think of the transition

Climate tech got an enormous cash infusion in 2021

In 2021, the world got a glimpse of the impacts of climate change, from extreme heat waves on the West coast of the U.S. to unprecedented flooding in New York City. But the world also saw an increased response: more funding went to companies working on climate solutions than in any previous year. As of

Climate change at the centre of India’s environmental policies in 2021

Placing climate change at the centre of its environmental policies, India took bold pledges in 2021 with Prime Minister Narendra Modi asserting at the crucial international climate summit COP 26 that it is the only country delivering in “letter and spirit” the commitments under the Paris Agreement. From pledging to become net zero emitter of

Why the collapse of Biden’s BBB would be a major blow to the climate fight

The collapse of Joe Biden’s Build Back Better legislation would have disastrous consequences for the global climate crisis, making it almost impossible for the US to comply with its greenhouse gas reduction pledges made under the Paris accords. The US president’s sweeping economic recovery and social welfare bill is in serious trouble after the Democratic

India votes against UN draft resolution on climate change

India on Monday voted against a draft resolution at the United Nations Security Council (UNSC) linking climate to security, saying it was an attempt to shift climate talks from the United Nations Framework Convention on Climate Change (UNFCCC) to the Security Council and a “step backward” for collective action on the issue. The resolution was

Coal industry did not show potential of clean tech quickly enough -WCA boss

The coal industry was not quick enough to explain the potential of clean technologies that can give the fossil fuel a place in a sustainable energy matrix, Michelle Manook, chief executive of the World Coal Association (WCA), told Reuters on Wednesday. Coal is considered a heavy polluter and environmentalists warn using it is an obstacle