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Climate, Environment, Renewable Energy
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Experts hail SC ruling on climate change but warn against impacts of renewable energy projects
Manshi Asher, a researcher and an activist working on environment...
Zurich Insurance to halt coverage of new fossil-fuel exposures
Zurich says its policy update is limited to new fossil-fuel...
Sustainable investment group UNPRI reviews Liberty Mutual membership over Australian coal mine plan
Liberty Mutual has faced a backlash from community groups, Aboriginal traditional owners and farmers who are opposed to the development of the mine that they say will worsen climate change and carries a risk of polluting local waterways that lead out to the Great Barrier Reef.
Climate finance, joint research planned between US and India
According to the International Energy Agency (IEA), India is the third-largest global emitter of carbon dioxide, after China and the US, despite extremely low per capita CO2 emissions and is under pressure to commit itself to net zero emissions by 2050, in line with pledges made by several other countries..
IEC’s path-breaking Waste-To-Energy Technologies to become a Game-changer in Solid Waste Management Sector
Ineffective waste management affects environmental balance badly. It pollutes the land, water, and air, which ultimately affects human health. Air pollution affects the life span of vehicles and consumer durables. If Waste-To-Energy plants are installed, it will minimize pollution and improves human health by enhancing air quality. It will provide 24X7 renewable power and generate employment too.
Volcanoes and hurricanes become destinations for ethical money
“Reliable contingency financing for disasters is a very important tool for society,” said Joanna Syroka, senior underwriter and director of new markets at Fermat Capital Management in London. “We’ve seen an increase in inquiries from end-investors who want to understand what ESG means in insurance-linked securities over the past year.”
Reliance Industries, other energy majors form hydrogen coalition
This alliance seeks to bring in best-in-class hydrogen technology, equipment and know-how to create a hydrogen supply chain in the country. By prioritizing national hydrogen demonstration projects, innovations to further reduce the cost of hydrogen will become prominent, locally.
Oil companies defeat New York City appeal over global warming
“Global warming presents a uniquely international problem of national concern,” Circuit Judge Richard Sullivan wrote for a three-judge panel. “It is therefore not well-suited to the application of state law.”
It rejected the city’s efforts to sue under state nuisance law for damages caused by the companies’ “admittedly legal” production and sale of fossil fuels, and said the city’s federal common law claims were displaced by the federal Clean Air Act.
U.S. envoy Kerry heads to India to try and lift ‘climate ambition’
India, whose per capita emissions are way lower than that of the United States, European countries and even China, is concerned that binding itself to such a target could constrain the energy needs of its people.
Kerry kicks off his trip on Thursday that will also take him to the United Arab Emirates and Bangladesh, which experts say is especially vulnerable to climate change as it has large numbers of people living in areas barely above sea level, and lacks infrastructure to protect them
Global nat cat insured losses at $ 89 billion in 2020, fifth-costliest year since 1970:Swiss Re
According to Swiss Re’s Sigma report, released on Tuesday, natural catastrophes in 2020 caused global economic losses of USD 190 billion of which the insurance industry covered USD 81 billion.
Green Climate Fund chief urges reopening of U.S. finance tap
Glemarec told the Thomson Reuters Foundation from his base in South Korea that the fund had allocated a record amount at its board meeting last week.
It approved $1.2 billion for 15 new climate projects – from a private equity fund for green energy and transport in India to help for farmers in Micronesia to keep their food crops safe from extreme weather and rising seas. The board also green-lighted projects aimed at reducing emissions from forests in the Republic of Congo and protecting Cuba’s coastal ecosystems.
Global warming is ‘fundamentally’ changing The structure of our World’s Oceans
Climate change has disrupted ocean mixing, a process that helps store away most of the world’s excess heat and a significant proportion of CO2.
Water on the surface is warmer – and therefore less dense – than the water below, a contrast that is intensified by climate change.