Greenhouse Emissions

India’s latest Nationally Determined Contributions (NDCs) show that its approach remains conservative, with targets so modest that business-as-usual could meet them. Is India missing a chance to demonstrate global leadership of a battle that must be fought?

Market tools don’t always work as an elegant theory suggests. Carbon pricing is held up as the way out of our climate crisis, but the evidence so far suggests it’s doing little to curb emissions but a lot to distort economic conditions—such as for trade. Think of what the EU’s CBAM is doing.

As Chinese consumers downshift from high-emission sources of nutrition to cheaper everyday protein, the country is inadvertently helping the planet. Given China’s population, a modest adjustment could mean a lot.

JPMorgan Chase, the last major U.S. bank in the coalition, could also withdraw.

Tighter carbon emission standards, as envisaged by India’s proposed CAFE norms, should incentivize automakers to make cleaner vehicles overall. The ‘super credits’ system is designed for just that.

Methane is a major greenhouse gas (GHG) that contributes to climate change.

Even as India works on regulations for formal carbon credit trading market, voluntary trading has taken off led by international renewable energy certificates.Sellers include most independent power producers generating clean energy while buyers are MNCs, including Big 4 consultants and IT majors.

New proposals under the CAFE III fuel economy standards incentivise manufacturing of battery electric vehiclesStringent emission-reduction provisions under CAFE III may be pushed to 2032, giving the auto industry breathing room to adapt to the ambitious targets