Emission News

The Scottish government scrapped a plan to cut carbon emissions by 75% by 2030, conceding the target is unachievable and that it needs to recalibrate its approach to tackling climate change.

Many countries where Beijing has committed to projects say coal plants are needed to ensure affordable and reliable energy.

Union Minister Nitin Gadkari launched the world's first BS-VI (Stage-II), electric flex-fuel car today. The launch of a new 100% ethanol-fueled variant of Toyota's Innova is being seen as a broader push by the Modi government for using alternative fuels. This could help India bring down its oil import cost and cut emissions as well.

India is in the final stages of forming policies to kick-start the Indian carbon market. A draft of the carbon credit trading scheme has recently been notified. For a country that primarily runs on fossil fuels, India has set an ambitious emission cut goal for itself. But setting the goal to become emission neutral by 2070 is one thing. Achieving it will require a well-planned approach. And this is a step forward in that direction.

Modi Govt. is big on schemes that incentivise the industry to manufacture things India needs. In line with India’s zero plans by 2070, the Modi government is now planning a 17,000 crore incentive scheme to encourage electrolyzers and green hydrogen production. In January this year, the Modi cabinet approved the national green hydrogen mission with an ambitious goal - to make India a global hub for the production, utilisation and export of Green hydrogen.

The UK, once a climate champion, is now jeopardizing its global standing by failing to meet climate targets and lacking leadership in tackling the climate crisis, according to the UK's Climate Change Committee. Delays in policy development and implementation, as well as a narrow approach to solutions, are cited as reasons for the country's failure. The committee warns that urgent action is needed to quadruple emissions reduction outside the electricity supply sector. The UK risks falling behind other major economies in green investment and market share if it does not act quickly.

India Is Preparing The Groundwork For Its Own Carbon Border Tax To Strike Back Against A Similar Move By The European Union (Eu), Two People Aware Of The Discussions In The Government Said. New Delhi Is Peeved By The Eu’s Move To Link The Environment With Trade, Though There Were No Such Considerations While Europe Industrialised. The Finance And Commerce Ministries Are Discussing The Contours Of Such A Mechanism, Particularly About Measuring The Carbon Content In Products Imported From Europe, Said One Of The People Cited Above, Both Of Whom Spoke On Condition Of Anonymity.

State-Run Bharat Petroleum Corporation Ltd (Bpcl) Is In Talks With Switzerland-Based Fluid Engineering Major Sulzer Chemtech For A Tie-Up In The Sustainable Aviation Fuel Space. The Oil Marketing Company (Omc) Has Been Working On Developing Jet Fuel From Used Cooking Oil (Uco), Commonly Known As The Uco-To-Atf Method. Bpcl Has Indegiously Developed The Catalyst For Sustainable Aviation Fuel Using Cooking Oil. It Has Been Successfully Developed And Is In The Laboratory Stage. For Scaling It To The Demonstration And Commercial Stage, It Is Now Looking To Partner With A Global Player. The Commercialization Of The Product Is Likely To Take A Few Years. #bcpl #bharatpetroleum #jetfuel #cookingoiljetfuel #sustainablefuel #mint Click here to download the Mint App https://livemint.onelink.me/MrDS/p0kx3pdg

India's domestic electric vehicle (EV) market is predicted to grow 49% between 2022 and 2030, reaching 10 million sales annually by 2030. However, the source of electricity that powers EVs must be decarbonised if they are to truly be zero-emission agents. Is that possible?