Green Hydrogen is the fuel of the future, aim to export it to the world: Gadkari

Roads and Highways Minister Nitin Gadkari said on Thursday, February 10, that green hydrogen was the fuel of the future and he intends to export it to the whole world. A Toyota car fueled by green hydrogen from the Faridabad lab of Indian Oil will be tested in the city located in Haryana on March

Corporate net zero promises found to be insufficient and relying on cheap offsets

The often-misguided optimism associated with the private sector’s commitment to addressing climate change is easy to debunk. The latest evidence comes up in the Corporate Climate Responsibility Monitor 2022 published February 8, 2022, by Germany-based think tank New Climate Institute (NCI). Twenty-five of the world’s largest corporates, including Apple Inc, Accenture Plc, Google LLC, Amazon.com,

BMC aims for ‘NetZero’ via e-vehicles and energy efficiency

With plans of sustainable development and implementing mitigation measures amid the threat of climate change, BMC budget for 2022-23 has focused on new projects aiming towards ‘NetZero’ (zero emission of greenhouse gas). Curbing air pollution, pushing for electric vehicles and charging stations, setting up an independent climate action cell (CAC) as well as seeking energy

HPCL eyes net zero carbon emissions by 2040

Indian state refiner Hindustan Petroleum Corp is working on a plan for net zero carbon emissions by 2040, chairman M. K. Surana said on Monday. India, the world’s third-biggest greenhouse gas emitter, is aiming to reach net zero emissions by 2070. “HPCL is in the process of developing a validated roadmap with the help of

India may need to spend 11% of GDP to meet NetZero Goals: McKinsey

India may need to invest about 11% of Gross Domestic Product (GDP) over the next three decades as the world makes the transition to the goal of net- zero emissions by 2050, compared to the global average of about 7.5 per cent of GDP, according to consulting firm McKinsey. In a study released on Tuesday,

NetZero by 2050 needs $9.2 trillion annual investment

The energy transition will be a very expensive and complicated endeavor in which different countries and regions will be unevenly impacted, analysts and forecasters have been saying for years.  The world cannot just flip the switch off on the current energy systems and start running on renewables, however noble, emission-reducing, and climate-protecting this sounds.  As

Aura advances towards NetZero emission uranium production at Tiris

Aim-listed Aura Energy continues to advance towards net-zero emission uranium production at the Tiris uranium project, in Mauritania, with an initial study of Scope 1 and Scope 2 greenhouse-gas (GHG) emissions undertaken by consulting group Wood Group now complete, clearly defining a net-zero emission pathway for the project. Total baseline GHG emissions from the Tiris

Exxon pledges to cut emissions – but not from its oil

Oil giant Exxon Mobil announced that it aims to achieve net-zero greenhouse gas emissions by 2050. More specifically, it has the “ambition” to reach net-zero emission from its operations within the next 28 years. “We’ve got a line of sight,” Exxon’s chief executive, Darren Woods, said in an interview with the New York Times. “By

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