A more than seven-decade-old technology is coming in the limelight on the journey to net zero
The Report notes that finance flows from developed to developing countries fall short of the levels needed to meet climate goals across all sectors and regions
Western reluctance to spend on climate action and India's inability to accelerate renewables to power faster economic growth are major hurdles to the net zero target
Carbon capture utilisation technology can play a crucial role in reducing CO2 emissions, provided the government shapes a workable regulatory framework first
Green growth is the overarching theme across the world and India is no exception, but the trend towards deglobalisation is throwing a spanner in the works
Most departments will switch over to EVs by next year in the first phase, says CM Sukhu
While the Survey documented India's position with respect to carbon emissions, it was silent on a domestic problem caused in part by coal burning: air pollution
There are good reasons for governments to utilize novel CDR methods at the same time as expanding established land-based carbon capture and storage
Most current greenhouse gas removal is achieved by planting trees and managing forests and other natural carbon sinks, which themselves are under considerable threat
Companies in India are already investing $65 billion-$100 billion to cut carbon emission from existing and new capacities
The investment buzz for the transition has begun but policy frameworks still lag the process
ESG focus is fairly advanced in developed realty markets and will soon become widespread in India, say industry players; the sector aims to achieve 80-90% green certifications in 4-5 years
GREEN DEAL: Air India, AirAsia India, Vistara ink MoU with CSIR-IIP for sustainable aviation fuel
The minister said the world must recognise that development and environment conservation need to be aligned, rather than treated exclusive of each other
India's shift to electric vehicles is also much slower than other major markets like China and the US even though PM has committed to making India a net-zero carbon-emitting nation by 2070
Decarbonisation is now seen as an urgent necessity
Intel is also committed to addressing climate impacts throughout its upstream and downstream value chain, also known as Scope 3 emissions
The global journey to net-zero will help the world in its efforts to stave off the worst of climate change
According to the report, human emissions over this past decade have been the highest in history