The bank will be celebrating its centenary year of existence then, he said.
Pledges to slash carbon emissions are well and good. But governments need to start delivering concrete benefits
The construction and real estate sectors are responsible for over 40 percent of global carbon emissions. With plenty of money to spend, they follow the investors today, users tomorrow principle. As Indian states embark on a green hydrogen journey, money and expertise come from future users
Carbon capture is the centerpiece of Exxon’s climate-related efforts primarily because unlike renewable energy, which competes with oil and gas, capturing carbon complements Exxon’s core business and thereby may extend its lifespan. Its $4.9 billion acquisition of Denbury Inc is also useful for the Inflation Reduction Act’s carbon capture credits, which effectively provide Exxon with extremely patient venture capital
Total annual emissions touching 8 million tonnes of CO2 is equivalent to emissions generated by 1.615 million petrol cars driven for a year or the emissions from 20 gas-fired power plants in a year, the report suggested.
Net zero means achieving a balance between the greenhouse gases put into the atmosphere and those taken out.
Noel N Tata said, "We have developed a project that covers the entire Tata Group-Aalingana (embrace) which aims net-zero emissions by 2045 ..."
The $620 billion wealth fund is a major backer of many of Saudi Arabia’s green ambitions. Earlier this month it raised $3 billion with its debut dollar bond sale that also marked its first foray into ethical finance
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The company will target Scope 1 and 2 emissions under its net zero aim, Shrikant Madhav Vaidya, chairman of the state-owned refiner-cum-fuel retailer, said.
According to a research released on Thursday, India's net-zero emission target by 2070 will necessitate an expenditure of more than USD 10 trillion. At COP-26, Prime Minister Narendra Modi declared India's zero-emissions ambition for 2070. (26th United Nations Climate Change Conference in 2021).
At the recently concluded COP26, Prime Minister Narendra Modi announced India’s aim to achieve net-zero emissions by 2070.
UltraTech is among world's leading cement and concrete manufacturers to affirm their commitment to net zero concrete by 2050 and agree to an ambitious intermediate goal of preventing 5 billion tonnes of CO2 emissions by 2030.
India also expects the developed world to make $1 trillion available for climate finance as soon as possible, Modi said.
If the science says ‘global net-zero by mid-century’, there is a strong moral case for developed countries adopting an earlier date based on their historical emissions, instead of expecting developing countries (such as India) to make deep carbon-cuts in the same time frame
At its general assembly in Boston Monday, the International Air Transport Association (IATA) said it is now aiming for "net zero carbon emissions" by the middle of the century, a bold but necessary goal in the face of global warming, according to its CEO Willie Walsh.
Shell’s deal with PetroChina is part of a growing trend, in which fossil fuel shipments are paired with carbon offsets
Decarbonisation of the transport sector by mid-century will require a holistic and integrated approach. Leveraging technology to create a cleaner road sector is essential, but it needs to be combined with other interventions
The move towards reducing emissions will be tough, slow and often controversial, but India is much better placed than most other countries in the world to make the transition