Carbon

Australia's tropical rainforests now release more carbon than they absorb. Scientists warn climate stress and tree loss could worsen global warming significantly.

Explained: Centre's U-turn on installing anti-pollution systems in thermal power plants

Justifying its reversal of the mandate, the environment ministry said current exposure levels provide no credible evidence to suggest that sulphur dioxide (SO₂), under prevailing ambient conditions, is a major public health concern.

COP29 agrees deal to kick-start global carbon credit trading

The agreement, clinched roughly a decade after international talks on forming the market began, hinged on how to ensure credibility in the system so it can reliably lead to reductions in greenhouse gas emissions driving climate change.

Confidence Petroleum says more industries want to switch to LPG

Currently, the steel industry relies on coke, derived from coal, to smelt iron ore to produce steel.

World Street | Japan's mega steel deal, Red Sea scare, X factor in free speech, China's bad debt, and Bitcoin sweet spot

From Nippon Steel's $14,9-billion acquisition to EU glare on social media content and Britain's carbon tax strategy to EU's green goals, here's a look into some of the developments from the world of business and economy

Indian Biogas Association expects Rs 1,500 crore in foreign investments in less than a year

The association said investments worth Rs 2,755 crore were struck during the Renewable Energy India Expo 2023, double over the last year.

NASA scientists announce Bennu asteroid sample contains carbon and water

Bennu asteroid sample, returned by OSIRIS-REx, contains more carbon than expected and significant amount of water, according to NASA.

Scrap availability going to be challenging as 60 nations take measures to ban exports: steel secy

The secretary also highlighted the lower usage of scrap in steel making in India and said that the usage is not meeting the government's expectations for bringing carbon emissions down.

Govt to allow carbon credit trade in global market for some sectors: RK Singh

The Union power minister said India will soon also see bids for offshore wind energy.

The Green Pivot: World can’t do without carbon, but it can do with less

A world without carbon is impossible to imagine, but there is a growing recognition of the need to manage our use of carbon-based resources more sustainably and responsibly

MC Exclusive: NEP may focus on clean energy, govt still to add 41GW of coal-fired power by 2030: Sources

The 41 GW of coal-fired capacity planned by 2030 will primarily be ‘brownfield projects’, which means it will only entail capacity expansion at existing thermal power plants.

Indian merchandise exports need to prepare for EU’s carbon tax challenge

Indian companies can take a few proactive measures to prepare themselves for tougher emission control norms being imposed in their key export markets such as the EU or UK

EU’s carbon border tax will disrupt trade and derail climate talks

Exports from developing countries will suffer the most. The EU will initially impose CBT on steel, aluminium, cement, fertiliser, hydrogen, and electricity. But the tax will be extended to cover all products by 2034

EU's carbon tax to impact India's metal exports: GTRI

The EU is introducing the carbon border adjustment mechanism (CBAM) from October 1 this year. CBAM will translate into a 20-35 per cent tax on select imports into the EU starting January 1, 2026.

We can vacuum carbon from the sky. Will it make a difference?

People are concerned about the power needs of removing carbon from the environment, but there are other challenges to sort out before then

IEX forms subsidiary to explore business opportunities in carbon market

The new company will facilitate corporates to meet their climate commitments goals.

India to bolster carbon trading market with stabilisation fund

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

Countries set out 12-month plan to speed up industry emission cuts

Announced at the COP27 climate talks in the coastal Egyptian resort of Sharm el-Sheikh, the United States, Germany, Japan and Canada were among those to back a set of 25 "Priority Actions" that they aim to unveil by next year's talks in Dubai.

India needs to invest $10 billion in battery cells for EV demand

Cleaning up transport will help the world’s third-biggest emitter of greenhouse gases meet its target of becoming net carbon zero by 2070

Watch #MCAtDavos as Sumant Sinha talks shifting energy paradigm, growth in a carbon-free way, inflation and more

Sumant Sinha of ReNew Power says that we need to set a new framework for growth in a carbon-free manner. Watch the video for more.

L&T Technology Services aims for carbon, water neutrality by 2030

The report, conforming to the Global Reporting Initiative (GRI), presents LTTS' sustainability efforts across its key elements for fiscal 2020-21.

How green champion Sweden could end up exporting its carbon sins

Besides protecting wildlife and water supplies, the ruling could force the plant that makes 75% of Sweden's cement and is the country's second biggest carbon emitter to slash output while it finds raw materials elsewhere, or even shut altogether.

New Zealand to go carbon neutral by 2050

Prime Minister Jacinda Ardern said avoiding the issue would be ‘gross negligence’ and burden future generations.

World's most popular batteries in for a change with new carbon

Currently, graphite, a form of carbon, is used as an anode in these batteries. After comparing the performance of OSPC – 1 with graphite, scientists found that the former could store twice as many lithium ions, thereby storing more power.

Railways for rapid electrification to reduce carbon footprint

The conference will also project Indian Railways as an attractive investment destination considering its plans for huge investment in next 5 years towards modernization of its electrified network and use of renewable energy.