The Houthi assaults have continued despite waves of airstrikes by...
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Climate, Environment, Renewable Energy
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NGT asks 53 cities to submit complete report on polluting sources, steps taken to reduce pollution
“All the cities (53) should disclose the contribution by each...
India will not accept unjust carbon emission mandates: DPIIT Secy
''We have accepted a stretched-out kind of goal because India...
UN chief calls for ‘urgent transition’ from fossil fuels to renewable energy
Painting a picture of some 789 million people across the developing world without access to electricity – three-quarters of whom live in sub-Saharan Africa – the top UN official called it “both an injustice and an impediment to sustainable development”.
Uber expands “green trip” option to over 1,400 cities in North America
The company also said drivers can now rent a zero-emission vehicle through rental car service provider Avis. This option is currently only available at Los Angeles, although Uber plans on expanding it nationwide in 2021, it said.
Global temperatures reached record highs in 2020, say EU scientists
In the United States, the warmer temperatures contributed to a record 22 separate disasters that each caused more than a billion dollars of damage, including wildfires and hurricanes, according to a new U.S. government report.
Climate-risks may lead to abrupt increases in risk premia across Indian assets:RBI
The manifestation of physical risks could lead to a sharp fall in asset prices and increase in uncertainty and a disorderly transition to a low carbon economy could also have a destabilising effect on the financial system, said the report..
Earth’s margin for error narrows after another year of record heat
“The last decade was the warmest on record, and is yet another reminder of the urgency of ambitious emissions reductions to prevent adverse climate impacts in the future,” said Carlo Buontempo, director of the Copernicus Climate Chance Service.
Elon Musk surpasses Amazon’s Jeff Bezos as world’s richest person
The milestone caps an extraordinary 12 months for Musk. Over the past year his net worth soared by more than $150 billion in possibly the fastest bout of wealth creation in history. Fueling his rise was an unprecedented rally in Tesla’s share price, which surged 743% last year on the back of consistent profits, inclusion in the S&P 500 Index and enthusiasm from Wall Street and retail investors alike.
The world’s 500 richest people added a record $1.8 trillion to their combined net worth last year, equivalent to a 31% increase. The gains were disproportionately at the top, where five individuals hold fortunes in excess of $100 billion and another 20 are worth at least $50 billion.
Exxon, under investor pressure, discloses emissions from burning its fuels
Most major oil companies already report Scope 3 emissions and some have reduction targets, including Occidental Petroleum, which in November set a goal to offset the impact of the use of its oil and gas by 2050. Exxon said it made the disclosure due to investor interest.
The so-called Scope 3 data is included in its latest Energy & Carbon Summary released
ITC targets to meet 100pc electricity requirements from renewable sources by 2030
Besides investing in new renewable energy assets, the company said it also aims to achieve a 50 per cent reduction in specific emission and 30 per cent reduction in specific energy consumption by 2030 over a 2014-15 baseline.
Natural disasters cause $210 billion in damage in 2020, insurer says
Losses that were insured rose to $82 billion from $57 billion in 2019, Munich Re said. They add to the burden of the coronavirus pandemic that has hit the insurance industry hard.
“Climate change will play an increasing role in all of these hazards,” said Munich Re board member Torsten Jeworrek, pointing to hurricanes, wildfires and other storms.
“It is time to act,” he said.
10,000 govt offices to be declared ‘green’ in Kerala on January 26
The ‘green office’ would strictly adhere to the ban on plastic and disposable articles, removal of unused furniture and e-waste and installation of waste treatment facilities for the disposal of organic and inorganic waste and introduction of eco-friendly utensils.