Category:

Climate, Environment, Renewable Energy

‘Biden’s climate plan will give free pass to worst polluters like China, Russia, India’

US President Donald Trump has repeatedly blamed China, India and other countries for allegedly not doing enough for the climate.

He has also blamed India and China for his decision in 2017 to withdraw from the historic Paris climate accord, saying the agreement was unfair as it would have made the US pay for nations which benefited the most from the deal.

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Indian Oil gets USTDA support in its green tech endeavour

The US Trade and Development Agency’s (USTDA) funding will support state-owned IOC’s evaluation of technologies to capture and utilise carbon dioxide produced during refinery operations, presenting a novel and cost-effective environmental strategy that can be expanded to other refineries in India, according to a statement on Wednesday.

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UN chief urges Japan, others to meet goals on climate change

Clean energy delivers more jobs, cleaner air, better health and stronger economic growth,” U.N. Secretary-General Antonio Guterres said.

It makes no sense economically to burn money on coal plants that will soon become stranded assets,” he added. There is simply no rational case for coal power in any investment plan.”

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Germany’s Merkel says world needs to do more to combat climate change

The European Commission will next month propose a new 2030 climate target for a 50% or 55% emissions reduction against 1990 levels, compared with an existing goal for a 40%.
Germany is Europe’s largest greenhouse gas emitter, and the country’s environment ministry said last week that, while it can meet its climate target for 2020, it would have missed the goal if the economic havoc wrought by the coronavirus pandemic had not caused a large drop in emissions.

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Climate change bigger economic risk than Pandemic, ECB’s Schnabel says

With climate change posing an even bigger risk, the ECB must keep this issue high on its agenda as it reviews its policy framework, Schnabel told Reuters in an interview.

“Climate change is probably the biggest challenge we are facing, much bigger than the pandemic,” Schnabel said.

“Even though this health shock was entirely unrelated to monetary policy, it nevertheless has huge implications for monetary policy,” she said. “The same is true for climate change and this is why central banks cannot ignore it.”

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Climate change to drive large future Cat losses

It’s a mess at least partially of our own making, said Susan Cutter, director of the Hazards and Vulnerability Institute at the University of South Carolina.

“We are seeing an increase of intensity of these phenomena because we as a society are fundamentally changing the Earth and at the same time we are moving to locations that are more hazardous,” Cutter said Wednesday.

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