Page 3 - Carbon Emissions

Carbon sinks: The good and the bad

The oceans have caught the attention of climate policymakers, but many of their ideas are too radical

Rooting for mangroves: Many reasons to expand these carbon sinks in India

The mangrove ecosystem offers economic benefits besides safeguarding the country's vast coastline

EU climate chief defends including 'carbon farming' to climate plans

The European Union's top climate official on Wednesday dismissed criticism from environmental groups over its proposal to incorporate carbon removal methods into its climate plans, insisting the plan won't undermine the bloc's efforts to tackle global warming. Dozens of organisations issued a joint call on Monday slamming the EU's plans to certify so-called offsets carbon absorbed through nature or with technological means which could then be bought by polluters to reduce their emissions balance. The groups, including Friends of the Earth, Corporate Accountability and the Centre for International Environmental Law, argue that subtracting carbon captured in this way from the 27-nation bloc's emissions total amounts to greenwashing. Frans Timmermans, vice-president of the EU's executive Commission, insisted the plans for carbon removal certificates were consistent with the bloc's legally binding climate targets. It's additional to what we're doing, and it's not instead of what we'r

Green pathways present a $1.6-trn investment window: World Bank report

The report also suggests adopting climate-responsive cooling techniques in both private- and government-funded constructions

Construction tech key for India to achieve zero emissions by 2070: H S Puri

The minister notes that the built environment generates significant carbon emissions accounting for almost 39% of gross carbon emissions worldwide

Environmental groups ask EU to drop carbon removal from climate plans

Scores of environmental groups issued a joint appeal on Monday for the European Union to drop carbon removal methods from its climate plans, arguing that some of them rely on untested technology while others may not absorb as many greenhouse gas emissions as claimed. The EU's executive Commission has proposed creating a system for certifying so-called offsets carbon absorbed through nature or with technological means which could then be bought by polluters to reduce their emissions balance. But some 170 groups including Friends of the Earth, Corporate Accountability and the Centre for International Environmental Law argue that plans to use fields, forests or machines for future large-scale removal of carbon from the atmosphere are a greenwashing fantasy. They have instead called for the Commission to commit to real, or gross, cuts in emissions, instead of net cuts that many countries and companies are currently touting in their climate plans. The 27-nation EU aims to achieve net .

Greta Thunberg, Swedish activists sue state over its climate policies

Hundreds of activists, among them Greta Thunberg, marched through the Swedish capital to a court on Friday to file a lawsuit against the Swedish state for what they say is insufficient climate action. More than 600 young people under the age of 26 signed the 87-page document that is the basis for the lawsuit which was filed in the Stockholm District Court. They want the court to determine that the country has violated its citizen's human rights with its climate policies. Sweden has never treated the climate crisis like a crisis, said Anton Foley, spokesman of the youth-led initiative Aurora, which prepared and filed the lawsuit. Sweden is failing in its responsibility and breaking the law. The action comes as scientists warn that chances are slipping away to limit future warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) since pre-industrial times. At a recent UN climate conference in Egypt earlier this month, leaders tried to keep that goal alive but did not ratchet up calls

Carbon reduction hinges on share of renewables in energy: TKM's V Kirloskar

The share of renewable energy as a percentage of total generation is only 30 per cent. Unless this goes up I don't see carbon emission coming down, Kirloskar said

Will renewable energy stocks keep your portfolio green?

India released its low-carbon emission development strategy at the UN Climate Conference. As the focus on green energy takes centre stage, is it time to add stocks from this space to your portfolio?

EVs lead climate tech funding but more needed for niche solutions: Experts

Climate tech start-ups traditionally require longer gestation periods due to which the sector has not generated strong commercial returns recently

Best of BS Opinion: Voting against self-interest, fiscal deficit, and more

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

COP27 climate deal hurtle towards overtime, countries mull EU offer of fund

27-country EU said it would back one of the toughest agenda items financing for countries wracked by climate-fuelled disasters

COP27: To decarbonise by 2050, India needs investments of at least $7 trn

And India's progress towards net zero by 2070 will depend on how successful it is in facilitating an orderly transition to a clean economy

BASIC Nations criticise developed world for backtracking on climate finance

They say fossil fuel use in Global North has risen, call it "double standards towards climate equity"; note that climate finance from developed nations continues to fall short of $100 bn a year goal

Focus is to capture, not halt, carbon emissions: Coal min Pralhad Joshi

'Both domestic exploration and buying stake in overseas mineral mines is on the agenda'

Indian Air Force procures electric vehicles to reduce carbon footprint

The Indian Air Force on Tuesday inducted a fleet of electric vehicles in keeping with the government's initiative on introduction of green mobility. Air Chief Marshal VR Chaudhari flagged off the first batch of 12 electric vehicles in the presence of other senior officers and staff. "In order to achieve reduction in carbon footprint and in keeping with the government of India's initiative on introduction of green mobility, the IAF has inducted a fleet of Tata Nexon electric vehicles," the IAF said in a statement. It said the force is planning to enhance the usage of electric vehicles in a progressive manner by procuring e-vehicles against downgraded conventional vehicles. "Augmentation of the e-vehicles ecosystem, including installation of charging infrastructure at various Air Force bases, is also planned. The first batch of electric cars introduced today will be deployed in Delhi NCR units for performance monitoring and analysis," it said. "To create a standardised inventory of

India ranks eighth, moving up two spots on Climate Change Performance Index

In 2022 and 2021, India stood at the 10th spot on the CCPI, while in 2020, it ranked ninth

For states, climate change and energy transition are Centre's concern

The focus of a majority remains on distributing free and subsidised coal-based power

Submitted long-term low emissions growth strategy: India at COP27

Reiterates its climate goals in its National Statement

What is greenwashing?

A few Indian companies and even some nations are posing a threat to the world's march toward a green future. They're not cutting emissions, but the corners. This is called 'greenwashing'. Here's more