Category:

Climate, Environment, Renewable Energy

Top $5 trillion investor group pushes firms to cut out thermal coal

In a report seen by Reuters ahead of its release on Monday, the alliance said all companies owned by the group needed to develop their own plans to transition away from thermal coal.

“If no long-term carbon footprint reduction can be produced the members will need to escalate and ultimately divest,” Günther Thallinger, Member of the Board of Management, Investment Management, Environmental, Social and Governance (ESG) at Allianz, said.

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Biden seen reversing climate deregulation

Among his main accomplishments, Trump withdrew the United Stated from the Paris Agreement to combat global warming; replaced Obama-era rules meant to cut greenhouse gas emissions from power plants and drilling operations; reduced automobile fuel efficiency targets; downsized wilderness national monuments; gave permits to energy companies seeking to build oil pipelines; and proposed opening new parts of the Arctic, Pacific, and Atlantic oceans to drilling

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Haze Chokes Delhi, pollution levels highest since November last yr

 Health experts said that during the COVID-19 pandemic, air pollution has become a serious health concern for about the two crore residents of the national capital.

According to a doctor at the Sir Ganga Ram Hospital, intake of every 22 micrograms per cubic metre of polluted air is equivalent to smoking a cigarette.

 Ajit Jain, the nodal officer for COVID-19 at Rajiv Gandhi Super Specialty Hospital, said air pollution was turning the pandemic catastrophic.

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European Development Finance group to exit fossil fuel investments by 2030

The move comes a week before the world’s 450 DFIs meet for the first time at a major conference in France to discuss accelerating their efforts to help in the fight against climate change as well as to boost sustainable development more broadly.

A key factor will be how open lenders in coal-reliant Asia are to any toughening of policy.

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IKEA opens pilot second-hand store in Swedenaims to reduce more greenhouse gas emissions

IKEA has a target to be circular – which includes using renewable or recycled material only, and helping customers prolong the life of their products – by 2030.It aims to reduce more greenhouse gas emissions than its value chain emits – from the production of raw materials through to customers’ use and disposal – by the same year

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Telangana EV Policy: First two lakh e-2 wheelers exempted from road tax, registration fee

“To make Telangana a major base for EV and ESS (energy storage system) sectors and to attract investments worth USD 4.0 Billion and create employment for 120,000 persons by 2030 through EVs in shared mobility, charging infrastructure development and EV and ESS manufacturing activities,” the policy said

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Where’s the meat? UK’s first vegan butchers launches

Demand for vegan products has surged in recent years in Britain, with increasing numbers of people cutting out animal-derived ingredients completely, while others reduce the amount of meat and dairy they consume each week.
Law firm EMW reported a 128% jump in new trademarks registered for vegan food in the UK last year, with both large corporates and small companies registering such trademarks as vegan ice cream and pastries.

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