Category:

Climate, Environment, Renewable Energy

Xi’s carbon neutrality vow to reshape China’s five-year plan

“The understanding is that there is no time to waste if China is to achieve carbon neutrality by 2060.,said Kevin Lo, Associate Director at the David C. Lam Institute for East-West Studies in Hong Kong, who studies China’s environmental policies.

Experts say China needs to bring the share of coal in its total energy mix from 58% last year to less than 50% by 2025, and provide enhanced support for technology like carbon capture.

It could start by setting an absolute emissions cap for the first time, said Zou Ji, head of the Energy Foundation China, which has been involved in five-year plan research.

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NGT slams Centre over inadequate measures to prevent wastage of groundwater

“Overriding environmental law principle of ‘Polluter Pays’ must be invoked by all the regulators to ensure that wastage of water is not profitable and cost of such wastage is recovered which is necessary for restoration of the environment without merely limiting to statutory changes which are no substitute to ‘Polluter Pays’ principle,” the bench said.

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Less carbon, more electric vehicles: automakers prepare for potential Biden win

Trump’s and Biden’s policies for autos and transportation diverge, presenting automakers with very different sets of risks and rewards.
f elected, Biden is expected to quickly reinstate the legal basis for California’s zero-emission vehicle rules and begin the process of reversing the Trump administration’s decision to ease fuel efficiency and carbon emission requirements through 2025.

Automakers could also face sharply higher penalties for failing to meet fuel-efficiency requirements. The Trump administration rolled back those penalties, which the industry said saved at least $1 billion in annual compliance costs, but a federal appeals court in August reversed the administration action.

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Bank of England says company disclosures on climate risks will be mandatory

“Disclosing your plans can improve your credit rating, broaden your investor base, reduce your cost of finance, and economize on the fixed costs of meeting increasingly vocal investor requests for information,” the BoE’s executive director for markets, Andrew Hauser, told an Investment Association online event on Friday.

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Indian activists oppose plans to make Goa a coal transport hub

Activists say the projects are also likely to lead to the felling of thousands of trees in ecologically sensitive areas that are home to wildlife and bodies of water.

Alina Saldanha, a state assembly member from Modi’s Bharatiya Janata Party (BJP), wrote to the federal environment minister last week, saying she had “serious concerns” over environmental clearances given to some projects.

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NGT notice to Centre on plea for quashing notification on groundwater extraction

A bench headed by NGT Chairperson Justice Adarsh Kumar Goel said the Central Ground Water Authority (CGWA) was repeatedly issuing notification liberalising ground water extraction in water scarcity areas in spite of the need for stringent action, contrary to the very purpose for which it was setup.
The tribunal also issued notice to the Central Pollution Control Board (CPCB), and said water is a scarce resource on which life is dependent and its extraction has to be duly regulated.

In areas where there is water scarcity, extraction can be allowed on stringent conditions of ensuring recharge, it said.

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Climate Change means more Weather Disasters every year

The 2020 State of Climate Services report, compiled by 16 international agencies and financing institutions, calls on governments to put more money into early-warning systems that can improve countries’ ability to prepare for, respond to and mitigate the impact of such natural disasters.

“While COVID-19 generated a large international health and economic crisis from which it will take years to recover, it is crucial to remember that climate change will continue to pose an on-going and increasing threat to human lives, ecosystems, economies and societies for centuries to come,“ said WMO Secretary-General Petteri Taalas.

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Solar the new ‘king of electricity’ as renewables make up bigger slice of supply: IEA

Despite the increase in solar and wind power, carbon emissions are projected to pick up in 2021 after a 2.4 gigatonne (Gt) drop in 2020, and to exceed 2019 levels in 2027 before growing to 36 Gt in 2030, it added.

The IEA said gaps remain in many cases between long-term ambitions and specific near-term plans to curb emissions.

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U.N. chief urges development banks to stop financing fossil fuel projects

United Nations Secretary-General Antonio Guterres urged a virtual meeting of a coalition of finance ministers and economic policymakers from dozens of countries to ensure development banks phase out fossil fuel investments, rapidly scale up support for renewable energy, and back projects to help those most exposed to the impacts of climate change.

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