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 to accelerate the net-zero transition in transport

The role of transport was front and center at COP26 in Glasgow, Scotland. Leaders from nations, cities, international organizations, NGOs – and notably the private sector – zeroed in on the role of transport as one of three critical sources of carbon emissions as well as the only sector still increasing in its greenhouse gas

Why it matters to go beyond net-zero plan

’Net-zero’ pledges have been made globally over the past few years, committing organisations to manage greenhouse gases emissions. In 2021, more firms and governments committed themselves to becoming net-zero before 2050 with the aim of fighting climate change. Net-zero targets are a critical tool to fight climate change and stakeholders are pushing companies to make

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

Will shift to hydrogen economy break old geopolitical constraints?

The rapid growth of a global hydrogen economy could significantly shift geoeconomics and geopolitics as new interdependencies arise, according to a new analysis by the International Renewable Energy Agency (IRENA). Geopolitics of the Energy Transformation: The Hydrogen factor posits that hydrogen will change the geography of energy trade and the way energy relations are regionalised.

Carbon offset credits set to soar on net zero ambitions

The price of carbon offsets – widely used by those seeking to counterbalance their pollution – is expected to rise by as much as 4800 per cent by 2050, as major emitters scramble to meet net zero targets. Carbon offsets were in 2020 being sold for about $US2.50 a tonne but with many countries pledging

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,

Goldman says carbon net zero shift will likely boost inflation

The global push to achieve net zero carbon emissions will likely result in a meaningful boost to inflation, according to analysts at Goldman Sachs Group Inc.    Based on the assumption that carbon taxes would rise to $100 a ton by 2030, the analysts led by Jan Hatzius calculated the likely rise in prices in

Ethanol industry poised to play major role in net-zero emissions

After a couple of years of more downs than ups, there’s optimistic news on the ethanol front looking toward 2022 and beyond. Geoff Cooper, Renewable Fuels Association president and CEO, sees opportunities for the industry in a net-zero carbon emissions future, as well as the Environmental Protection Agency’s proposal to return the Renewable Fuels Standard