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Cost of new drug development is key concern for life science as focus shifts to repurposing: WTW Survey
The survey also revealed that regulation and reputation risk have...
Lawsuits targeting ‘Climate Washing’ becoming more frequent
Over 2023 some 233 new climate-related cases were filed worldwide,...
Shell will pay $111 million to end Nigerian oil-spill case
The Anglo-Dutch energy giant will pay the Ejama-Ebubu people 45.7 billion naira ($111 million) in compensation to end a legal case that began in 1991, the community’s lawyer, Lucius Nwosu, said by phone.
The origin of the Ejama-Ebubu community’s grievance against Shell dates back to a rupture in one of the company’s oil pipelines in 1970. Shell said it maintains that the environmental damage was caused by “third parties” during a civil war that was raging at the time.
Power ministry circulates draft rules on clean energy, seeks comments
The draft rules will provide in detail for Renewable Purchase Obligation (RPO); Green energy open access; nodal agencies; Procedure for grant of green energy open access; banking; and cross subsidy surcharge.
PM announces Hydrogen Mission, self-reliance in energy by 2047
Hydrogen is produced predominantly through Steam Methane Reforming, or SMR, which utilizes fossils fuels, such as natural gas or coal, and through Proton Exchange Membrane Electrolysis, which splits water into hydrogen and oxygen using a current of electricity.
Currently, all hydrogen consumed in India comes from fossil fuels. By 2050, three-fourth of all hydrogen is projected to be green — produced by renewable electricity and electrolysis.
Centre considering using MGNREGA to counter ill-effects of climate change: Giriraj
Under the scheme, he said, apart from growing fruit trees on panchayat land, ponds will also be dugout.
These ponds will be used for water conservation, he told reporters
Hottest record temperature hits Italy
Temperatures there reached 48.8 degrees Celsius (119.8 Fahrenheit) on Wednesday, Sicily’s weather service said. That — if officially verified — would top the record of 48 degrees set in Athens in 1977, according to World Meteorological Organization data posted by Arizona State University.
Worst Algeria wildfires in decades kill 65
While wildfires are a relatively regular occurrence in Algeria, this week’s were the country’s biggest and deadliest in several decades. President Abdelmadjid Tebboune announced three days of national mourning on Wednesday.French-language TSA Algerie, which visited Kabylie on Wednesday, said the wildfires left a trail of desolation all along the usually lush road linking Tizi Ouzou to Bouira. Several villages were abandoned.
Severe weather events drive global insured cat losses of $ 42 billion in first half of 2021, Swiss Re
Jérôme Jean Haegeli, Swiss Re’s Group Chief Economist, said: “Climate change is one of the biggest risks facing society and the global economy. The recent analysis from the UN’s Intergovernmental Panel on Climate Change confirms expectations of more extreme weather in the future and urgency to act to limit global warming. Working with the public sector, the re/insurance industry plays a key role in helping to strengthen communities’ resilience by steering development away from high-risk areas, making adaptation investments, maintaining insurability of assets and narrowing protection gaps.“
Global sizzling: July was hottest month in 142 years, NOAA says
In this case first place is the worst place to be, NOAA Administrator Rick Spinrad said in a press release. This new record adds to the disturbing and disruptive path that climate change has set for the globe.”
This is climate change,” said Pennsylvania State University climate scientist Michael Mann. It is an exclamation mark on a summer of unprecedented heat, drought, wildfires and flooding.
Centre notifies amended rules for identified single use plastic items
According to the Centre, the manufacture, import, stocking, distribution, sale and use of following single-use plastic, including polystyrene and expanded polystyrene, commodities shall be prohibited with effect from the 1st July, 2022.
Stricter emissions rules will hit car sales, says Maruti Suzuki chairman
Automakers last week urged the government to defer tougher emissions standards, which are due to be implemented in two stages in April 2022 and then in 2023. The changes will require carmakers to cut emissions about 13% to 113 grams a kilometer.