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  • 26 July 2025

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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

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

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Future Fuels is a digital news platform committed to advancing sustainability in the maritime industry. We cover the technologies, fuels, and innovations driving the transformation of global shipping—from battery-electric vessels and alternative fuels to clean propulsion systems, smart energy solutions, and evolving regulations.Driven by a clear vision for a zero-emissions future, we provide in-depth news, analysis, and expert insights on the sustainable technologies transforming the maritime industry.

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  • Home
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