Getting to Zero Coalition calls for a CO2 price of $200 per tonne

The Getting to Zero Coalition, a group of leading maritime companies and environmental NGOs dedicated to reducing carbon emissions from shipping, has released a new report calling for carbon pricing of about $200 per tonne of CO2. To make green future fuels more cost-competitive with conventional HFO and VLSFO, the coalition says that a combination

India & Denmark agree to work together on green fuels

India & Denmark agreed to initiate joint research and development on green fuels including green hydrogen, during the Joint S&T Committee meeting in January 2022. The Joint Committee discussed national strategic priorities and developments in Science, Technology, and Innovation of both countries with a special focus on green solutions of the future – strategy for

EU delays deadline on green finance taxonomy rules for nuclear and gas

The Commission drafted a plan late last year to add some gas and nuclear investments to the European Union’s “taxonomy,” its rule book to define which investments can be labelled as climate-friendly in the EU. The EU executive quietly distributed a text to member states in the final hours of 2021 after the much-delayed document

India to attract large investments due to COP26 commitments: ICRA

The commitments on emission control made by India at the recent Glasgow COP26 summit are expected to benefit the country in the long-term with new technologies in energy efficiency, carbon reduction and green fuels, rating agency ICRA said adding this is likely to attract investment in billions across sectors. ICRA, in its recent research report,

The conservative plot against green investment

The American Legislative Exchange Council is pushing cookie-cutter laws that could lock pension funds and taxpayers into losing deals—while propping up coal and other fossil fuel firms. It all starts with an innocuous bit of jargon. “ESG pressures by national environmental groups is driving banks, insurance companies and investment managers to abandoned fossil fuels,” argues

New global shipping task-force aims for greener, safer work

The creation of a task-force to help the global shipping sector cut its climate-heating carbon emissions and support millions of workers in the transition to greener ways of operating has been hailed as a “landmark” move by industry members. Representatives of ship-owners, seafarers and the UN Global Compact, the world’s largest corporate sustainability initiative, agreed