BYD India’s 4.1 million NEVs reduce CO2 emissions by 118 million kg on World Environment Day BYD India, a subsidiary of the world’s leading manufacturer of New Energy Vehicles, BYD, is commemorating World Environment Day by celebrating its progress toward a more sustainable future. BYD had sold over 4.1 million new energy vehicles globally as …
ONGC’s Bold Move: ₹1 Trillion Investment to Slash Carbon Emissions Oil and Natural Gas Corporation (ONGC) will invest $1 trillion in green initiatives by 2030 to reduce its carbon footprint as part of a larger effort to achieve net-zero emissions by 2038. Arun Kumar Singh, chairman, and managing director of ONGC, told reporters on Monday …
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10 Top Carbon Capture Startups and Companies in India 1. Noon IT DeCarbonic EnergySoftware|Finance|CarbonMarkets|Carbon Credits|Carbon Reduction|Cryptocurrency CEO & Founder Name: Khaiser Ahmed Founded: Founded 2020 Place: Bangalore, India About The Organization DeCarbonic, an innovative Climate Tech organization, is dedicated to utilizing its profound expertise in DeepTech to drive meaningful impact for its climate strategy. Among its impressive …
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Hindalco Aims for a 30% Increase in Low-Carbon Output in India by 2026 Indian aluminum manufacturer, led by billionaire Kumar Mangalam Birla, aims to elevate its low-carbon manufacturing to a minimum of 30% of its overall production within the next three to four years. This strategic move is driven by the growing global demand from …
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India proposes talks on international norms for ‘green, clean & low-carbon hydrogen India proposed a discussion on global standards for ‘green, clean, and low carbon’ hydrogen, proposing an emission limit of up to 2 kg of carbon dioxide equivalent per kg of hydrogen produced. Initially, the proposal was only for ‘green hydrogen,’ but after the …
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OIES Podcast – Building the Indian Carbon Market David Ledesma talks with Mohua Mukherjee about what to expect from the Indian Carbon Market, which is currently in the works and will be launched later in 2023. India, like the other signatories to the Paris Agreement, will establish emission trading rules following Article 6 of the …
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Honeywell announces tech to convert hydrogen and CO2 into aviation fuel Honeywell International Inc unveiled a new technique to convert hydrogen and CO2 into aviation fuel. The carbon dioxide is recovered from industry, which could help reduce greenhouse gas emissions from aviation, which is one of the most difficult sectors to electrify and decarbonize. SAF, …
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EU adopts 2030 climate targets on carbon emissions The European Union (EU) has passed five new laws that will allow the bloc to reduce greenhouse gas emissions in key sectors of the economy, including maritime transport and aviation. According to Xinhua, the legislation is part of the EU’s main climate action package, “Fit for 55,” …
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Big money is suddenly pouring into firms promising to help the world construct a carbon-free future, coming from the world’s three largest economies as well as scores of ambitious venture investors. It’s a transition from the world of software to the real world, following in the footsteps of a tech entrepreneur like Peter Reinhardt, who …
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Many organisations have begun investing in CDR technology to attain net carbon neutrality in order to counterbalance the near-futility of attempting to reduce world emissions quickly enough to meet our looming warming targets. What is CDR Technology? Carbon dioxide removal (CDR), also known as carbon removal, greenhouse gas removal (GGR), or negative emissions, is a …
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