Category:

Non-Life

Ez4EV to soon launch on-demand mobile charging stations for EVs

The transition from IC (internal combustion) engines to e-mobility requires efficient charging infrastructure. The Ez4EV plans to solve the problem of inadequate infrastructure by deploying a network of autonomous EzUrja charging stations. With this, the company aims to become a key player in the innovative charging infrastructure market by providing ‘Infra-as-a-Service’ for the Indian EV sector.

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Resting on climate action a $11 trillion opportunity for India: Deloitte Report

Over the next 50 years, the top five most impacted industries in terms of economic activity are expected to incur a significant share of climate-related loss.

These industries — services (government and private), manufacturing, retail and tourism, construction, and transport — currently account for more than 80 per cent of India’s GDP. Together, they form the basis of the country’s contemporary economic engine, it added.

Deloitte estimates that by 2070, these five industries alone would experience an annual loss in the value added to GDP of more than USD 1.5 trillion per year.

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Govt brings new ‘BH’ registration series for personal vehicles to ensure seamless transfer across states

”This vehicle registration facility under ‘Bharat series (BH-series)’ will be available on voluntary basis to defense personnel, employees of central government/ state government/ central/ state public sector undertakings and private sector companies/organisations, which have their offices in four or more states/union territories,” the Ministry of Road Transport and Highways (MoRTH) said in a statement. This scheme, it said, will facilitate free movement of personal vehicles across states/union territories of India upon relocation.

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Climate Change: Insurers can afford to drop Oil and Gas—but many won’t

To date, just one insurer has promised to take “significant action” in this regard, according to analysts at Societe Generale SA.

Australia’s Suncorp was the first to announce it would no longer provide coverage for all new oil and gas production projects.While insurers (23 in all) have moved to end their underwriting of coal-related activities, they have been slow to act on oil and gas. That’s mainly because the insurance market for those fossil fuels is considerably larger, with estimated premiums of more than $17 billion in 2018, compared with $6 billion for coal power, said Peter Bosshard, program director at the Sunrise Project and global coordinator of Insure Our Future (IOF).

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Japan’s Fukushima nuclear water to be released via undersea tunnel

The government decided in April to start discharging the water, after further treatment and dilution, into the Pacific Ocean in spring 2023 under safety standards set by regulators. The idea has been fiercely opposed by fishermen, residents and neighboring countries including China and South Korea.

The offshore discharge using a pipeline enclosed inside a concrete tunnel is an attempt to minimize the “reputational damage” that would occur if the contaminated water is released close to marine life off the Fukushima coast.

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Climate Change: 80% of South Mumbai will be under water by 2050, Mumbai municipal commissioner

Mumbai municipal commissioner Iqbal Singh Chahal said that Mumbai is the first city in South Asia that is preparing its climate action plan and acting on it.

“Earlier, we used to hear about climate change events like melting glaciers, but not directly affecting us. But now it has come to our doorstep,” he added.

Chahal said that last year for the first time in 129 years, a cyclone (Nisarga) hit Mumbai and thereafter in the last 15 months, there have been three cyclones. After that, on August 5, 2020, about 5 to 5.5 feet water was accumulated at Nariman point.

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