Page 2 - Carbon Emissions

Microsoft partners with global solar leader Qcells to curb carbon emissions

Tech giant Microsoft has announced that it has partnered with global solar leader Qcells to curb carbon emissions and power the clean energy economy

Green buildings and infra will ensure environmental sustainability

Green infrastructure brings nature into work for human benefits ranging from economic, social, environmental and health benefits

CMAI inks pact with AREAS for exchange of knowledge on policy, innovation

The MoU aims to work towards a common goal of strengthening the country's journey towards becoming a carbon-neutral economy and aid in the development of the Indian carbon market

Jindal Stainless reduced 1.4 lakh tonnes of CO2 emissions in FY22, says MD

The country's largest stainless steel maker Jindal Stainless took various initiatives to reduce 1.4 lakh tonnes (LT) of carbon emissions in the last financial year, its Managing Director Abhyuday Jindal said on Monday. The company aims to be carbon neutral by 2050. To achieve the goal, JSL has also created a position of Chief Sustainability Officer (CSO) and appointed Kalyan Kumar Bhattacherjee to the key post, Jindal said in a company statement. "We reduced 1.4 LT CO2 in FY22 through various initiatives. From investing in Renewable Energy, Green Hydrogen production to introducing EVs at our manufacturing plants, we are continuously building an ecosystem that supports our environmental, social, and governance goals (ESGs)," he said. Bhattacherjee will be responsible for leading sustainability initiatives, reducing carbon emissions for the company's current and future capacity expansion plans with the goal to achieve the net-zero target by 2050, JSL said. Bhattacherjee said JSL is

RBI announces green bonds, to be auctioned in 2 parts of Rs 8,000 cr each

The proceeds from the bonds will be deployed in public sector projects which help in reducing the carbon intensity of the economy, said RBI

JK Tyre best in 'ESG' rating in industry, targets carbon net zero by 2050

The company is working on being more environmentally responsible by producing more from less and reducing energy intensity, greenhouse gas emissions

IEX forms subsidiary to explore business opportunities in carbon market

Indian Energy Exchange (IEX) on Tuesday announced setting up a wholly-owned subsidiary, International Carbon Exchange Private Ltd (ICX), to explore business opportunity in the voluntary carbon market. The ICX will enable participants to buy and sell voluntary carbon credits at competitive prices through its transparent & reliable platform and facilitate reduction of global GHG (green house gases) emission by 45 per cent by 2030 to get on track to limit global warming to 1.5 degrees, an IEX statement said. The new company will facilitate corporates to meet their climate commitments goals. The Exchange platform will provide a robust market signal for attracting further investments in the sustainable projects and help corporates to allocate capex towards energy transition in most optimum manner, it added. As per industry estimates, the annual demand for voluntary carbon credit globally is expected to reach around 1.5 Gigatons, with India contributing around 200 million tonnes by ...

Green hydrogen will not be limited by borders: ReNew Power Founder & CEO

'People are looking to get into the manufacturing supply chain, governments are looking at expanding transmission infrastructure,' said ReNew Power founder & CEO, Sumant Sinha

India to bolster carbon trading market with stabilisation fund: Sources

Money in the fund would be used by a market regulator to buy carbon credits if prices fell too low, an officials said

Best of BS Opinion: Unilateral carbon pricing, cyber threats, and more

Here is the best of Business Standard's opinion pieces for today

Unilateral carbon pricing

India needs to work on carbon border tariffs

Carbon credit market: Why power ministry is best suited to run this project

The power ministry feels it is in the best position to decide what types of products should be introduced in the carbon credit market

Asian bourses join billion-dollar race to launch new carbon exchanges

Trading and prices have slumped, while concerns mount about how much offsets actually contribute to fighting climate change

Ficci releases roadmap to achieve 600 mn jobs, 6x rise in income by 2047

The roadmap also focuses on doubling female participation in the labour force to 45-50%, cut carbon emissions by 80-100%, and provide access to clean water for all

Parliament passes bill to mandate use of renewable energy, carbon trading

The Bill is expected to be a step for India toward fulfilling its goals of cutting emissions and the use of renewable energy

IEX says it has become India's first carbon-neutral power exchange

IEX says it is committed to contributing towards fulfilling India's net zero emissions target by creating an ecosystem for the reduction of emissions

USDA announces another climate-smart agriculture project worth $325 million

The federal government on Monday announced another $325 million for agricultural projects that are intended to reduce greenhouse gas emissions. The latest list of 71 recipients for the U.S. Department of Agriculture's Climate-Smart Commodities programme primarily involve small and underserved farmers and ranchers. The payments follow $2.8 billion awarded in September to 70 projects, mostly larger-scale efforts backed by universities, businesses and agricultural groups. USDA Secretary Tom Vilsack announced the latest round of funding at Tuskegee University, a historically Black college in Alabama, saying it's vital that small operations benefit from the programme. It's important that we send a message that it's not about the size of your operation, that you don't only benefit from the programmes like this if you're a large-scale producer, Vilsack told The Associated Press. If you're a producer that historically has not been able to participate fully and completely in programmes at

Funding reality check for India's dream to achieve net-zero by 2070

The Modi government could take a leaf out of Norway's playbook to meet its 2070 emission target instead of passing the buck to the private sector

Kerala seed farm declared as first carbon neutral farm in the country

Kerala Chief Minister Pinarayi Vijayan on Saturday declared a seed farm, located in Aluva here, as the first carbon neutral farm in the country. A significant reduction in carbon emission has helped the seed farm, under the Agricultural Department, achieve the carbon neutral status, he said making the announcement. The total amount of carbon emission from the farm, located at Thuruthu in Aluva, in the last one year was 43 tons but its overall procurement was 213 ton, he said. Compared to the emission rate, as many as 170 tons of more carbon have been procured at the farm, which helped it to be declared as the first carbon neutral seed farm in the country, the Chief Minister explained. "Carbon neutral farms will be set up in all 140 Assembly constituencies...Efforts have already been launched to make 13 farms in Kerala carbon neutral," he said Carbon neutral agricultural methods would be implemented through women's groups and such interventions would be made in the tribal sector a

Climate talks should have done more on pollution cuts: US climate envoy

US climate envoy John Kerry said last month's international global warming talks didn't do enough to speed up cuts in emissions of heat-trapping gases. Kerry told The Associated Press in an interview Wednesday that there was progress on some aspects of reducing carbon pollution during the United Nations summit in Sharm El-Sheikh, Egypt. But he said there could and should have been much more and that what was done on the issue was overshadowed by a historic, but what he called potentially pyrrhic, agreement to establish a compensation fund for poor nations victimized by a warming world. We needed to significantly accelerate the reduction of emissions," Kerry said. "I would have liked to have seen greater outcome from Sharm with respect to mitigation, which is what climate negotiators call cutting carbon pollution. But we're just going to have to keep pushing, he added. We have to increase the mitigation and that's the one thing that I thought should have been highlighted even more,