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Centre to boost EV Infra, new bio-manufacturing scheme in the offing: FM
Finance Minister Nirmala Sitharaman said through rooftop...
Cold snap helps India’s wheat crop but warm weather forecasts pose risk
Although India's fertile plains have seen a chilly winter, a lack...
Markel appoints Head of Renewable Energy,first ever based in Asia
Commenting on the new appointment,Rohan Davies, divisional managing director of energy, Market, said,“Tom’s solid track record and wealth of international experience in renewable energy are invaluable as we continue our ambitious plans for growth in this important sector.“Markel has a strong reputation of delivering leading risk-transfer products and service in the energy space. With Tom strategically based in the rapidly growing Asian market, his appointment as Markel’s new global head is a reflection of our commitment to renewable energy in our global portfolio.”
Climate change, COVID-19 stoke wildfire’s economic risk, Fed says
Wildfire risk is a combination of the likelihood of a big fire happening – which climate scientists have shown has been rising as the planet warms – and the economic destruction, in terms of lives and livelihoods destroyed that it could cause.
Railways sets target of becoming net zero carbon emitter by 2030
The Railways has 51,000 hectare of land potential of installing 20 GW land-based solar plants. The solar power so generated will be fed to central or state grid or directly to 25 kV AC traction system.
WHO reports record daily increase in global coronavirus cases, up over 230,000
The biggest increases were from the United States, Brazil, India and South Africa, according to a daily report. The previous WHO record for new cases was 228,102 on July 10. Deaths remained steady at about 5,000 a day.
Early detection of Covid cases has resulted in low fatality rate: Vardhan
India’s total coronavirus cases have increased to 8,49,553. The country now has 2,92,258 active cases out of the total that were confirmed positive. Yesterday, the tally breached the 8-lakh mark. The total number of deaths that have been reported so far has increased to 22,674. India reported 28,637 new cases in the last 24 hours.
Climate battles are moving into the courtroom, and lawyers are getting creative
Two decades ago, only a handful of climate-related lawsuits had ever been filed worldwide. Today, that number is 1,600, including 1,200 lawsuits in the United States alone, according to data reported Friday by the London School of Economics.
Cars, a cocktail and a celebrity: South Koreans succumb to Tesla fever
Tesla’s rising popularity among affluent professionals in South Korea, who have been relatively unscathed by the pandemic, is one of many feathers in its cap.Highlighting the threat it poses to established brands, Tesla last week surpassed Toyota Motor Corp as the world’s most valuable automaker while its second-quarter deliveries smashed expectations at a time when sales at rivals have been laid low by the pandemic.
South Korea’s generous subsidies of 12.43 million won ($10,380) for the Model 3 have definitely helped sales, bringing the car’s price down to less than $40,000, but the Silicon Valley automaker has also generated a genuine buzz.
Siberian temperatures hit June record, fires spread: EU data
The World Meteorological Organization is also seeking to confirm reports of a temperature reading of more than 100°F (38°C) in Siberia, which would be the highest temperature recorded north of the Arctic Circle.
“What is worrisome is that the Arctic is warming faster than the rest of the world,” said Carlo Buontempo, director of the Copernicus Climate Change Service.
Germany is first major economy to phase out coal and nuclear power
The plan is part of Germany’s ‘energy transition’ – an effort to wean Europe’s biggest economy off planet-warming fossil fuels and generate all of the country’s considerable energy needs from renewable sources.
Achieving that goal is made harder than in comparable countries such as France and Britain because of Germany’s existing commitment to also phase out nuclear power by the end of 2022.
Eyes in the sky: Investors reach for new tools to gauge climate change risk
A small but growing network of asset managers, academics, start-up entrepreneurs and campaigners are working to harness an armada of recently deployed satellites to better predict the economic impact of global warming.
While climate scientists caution that the discipline is in its infancy, advocates say the early findings have one over-riding virtue: dynamiting any remaining complacency about the scale of the disruption that lies in store.