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Eco/Invest/Demography

Exxon unveils carbon-removal tech venture in green image push

The move comes as Exxon looks to burnish its environmental credentials as it engages in a proxy fight with hedge fund Engine No. 1, which is attempting to appoint candidates on the oil company’s board and push toward a more renewables-focused future.

The oil major said it would invest $3 billion on lower-emission solutions through 2025, by which time it plans to reduce the intensity of its oilfield greenhouse gas emissions by 15%-20% from 2016 levels.

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South Korea unveils $43 billion plan for world’s largest offshore wind farm

The project is a major component of President Moon Jae-in’s Green New Deal, initiated last year to curb reliance on fossil fuels in Asia’s fourth-largest economy and make it carbon neutral by 2050. 

“With this project, we are accelerating the eco-friendly energy transition and moving more vigorously toward carbon neutrality,” Moon said at the event.
The envisaged 8.2 GW amounts to the energy produced by six nuclear reactors, or the effects of planting 71 million pine trees, officials said.

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COVID-19: India records 12,408 new cases, 120 fresh fatalities

The number of people who have recuperated from the disease surged to 1,04,96,308 pushing the national COVID-19 recovery rate to 97.16 per cent, while the COVID-19 case fatality rate stands at 1.43 per cent.

The COVID-19 active caseload remained below 2 lakh.

There are 1,51,460 active cases of coronavirus infections in the country which comprises 1.40 per cent of the total cases, the data stated.

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Seeing positive signs, but Indian aviation sector still in eye of storm: Airbus India

“I think it is time for Indian carriers to scale up their operations and gain control of the international traffic as well. Also, we observe that air travellers have adapted to COVID-19 with a preference to point-to-point non-stop travel to avoid connections. Again, that is the opportunity to develop long haul travel from India,” he stated.

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No blanket permission given for surveillance under NETRA, NATGRID: Centre To HC

The ASG told the court that the permissions are only given in cases that affect the sovereignty and integrity of India, defense of the country, security of the State, friendly relations with foreign States, public order, etc.The affidavit further states that the standard operating procedure (SOP) for carrying out surveillance mandates that permission for the same shall be sought only if the information required cannot be acquired by any other reasonable means.

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High levels of toxic heavy metals found in some baby food – U.S. report

Representative Raja Krishnamoorthi, a Democrat who chairs the panel that released the report, said it found “these manufacturers knowingly sell baby food containing high levels of toxic heavy metals … It’s time that we develop much better standards for the sake of future generations.” A Food and Drug Administration (FDA) spokesman said the agency was reviewing the report.

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Delhi govt floats tender to set up 100 EV charging stations

Each station will have five charging points, making it a total of 500 such points. The charging stations will be set up within a year, Jain said.

There will be a mandate for minimum 20 per cent slow chargers and 10 per cent fast chargers at these charging stations to cater to all kinds of EVs. Majority of these sites will be at Metro stations and DTC bus depots, he said.

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DPIIT ‘definitely’ working on new e-commerce policy: Govt official

“Who should be accountable for counterfeit products sold through an e-commerce company. Data is an important issue. The entire data issue will be governed by what actually the data law will be, which is before Parliament. That is why we are not in a hurry to finalise it (the policy)… So, whatever will be the final outcome of that data bill, it will apply to everybody who will deal with data,” the official said a regulator for the sector may come if required.

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