World Gold Council Members commit to TCFD Reporting

The World Gold Council announced that its members, 33 of the world’s gold miners, have committed to reporting their positions and progress on climate-related risks in line with the recommendations of Taskforce for Climate-related Financial Disclosures (TCFD). The TCFD recommendations and reporting framework is now widely recognised as the preferred method for embedding climate change […]

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India to set rules for companies to ease their shift to green energy

India will be crafting rules shortly that will encourage companies to switch to renewable power entirely, a key step toward decarbonizing the nation’s fossil fuel-dominated economy. The new regulations will allow companies to purchase renewable electricity from state distributors at “green tariffs,” said power minister, RK Singh at the virtual BloombergNEF summit.  Hurdles for businesses […]

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UK brings forward end to coal power target, urges other countries to follow lead

Britain will bring forward its target to end the use of coal in electricity generation by a year to October 2024, minister Anne-Marie Trevelyan said on Wednesday, urging others to follow suit and wean themselves off burning fossil fuels for power, Reuters reported Before hosting the United Nations’ Climate Change Conference (COP26) in November, Britain […]

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India plans to fully extract coal resources and ramp up investments before green initiative fully kicks in

The Indian government feels it is the right time to completely extract the available coal resources in the country in a bid to usher in more capital into investments, develop backward regions and expand industries. The statement comes in the backdrop of a growing debate on climate change and assumptions that the demand of coal may […]

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World’s coal producers now planning more than 400 new mines: Global Energy Monitor

The world’s coal producers are currently planning as many as 432 new mine projects with 2.28 billion tonnes of annual output capacity, research published by Global Energy Monitor showed, putting targets for slowing global climate change at risk. China, Australia, India and Russia account for more than three quarters of the new projects, according to a study by […]

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IFFCO to launch world’s first nano urea in liquid form priced at Rs 240 per 500 ml bottle

Leading farmers’ cooperative, Indian Farmers FertiliserCooperative Ltd. (IFFCO) is soon to launch the world’s first ‘Nano Urea’ for farmers across the world, Press Trust of India reported. The production will commence from June. The indigenously developed ‘Nano Urea’ is in liquid form and is priced at Rs 240 per 500 ml bottle, which is 10 per cent cheaper than the cost […]

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Suzlon Group wins 252MW order from CLP India

India’s clean energy solutions provider, Suzlon Group, has secured an order for developing a 252 megawatt (MW) wind power project from CLP India. For the project, Suzlon will install 120 units of S120-140 million wind turbine generators with a Hybrid Lattice Tubular (HLT) tower, with rated capacity of 2.1 MW each. Further, it will not only be involved […]

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Scientists find high emissions of ozone-destroying gases, pointing to illegal manufacture and use

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Scientists have discovered higher-than-expected levels of ozone-destroying chlorofluorocarbon (CFC) gases in the atmosphere—strongly suggesting illegal manufacture, use and emissions, the Environmental Investigation Agency reported on Tuesday. The findings were published in Nature Communications on 18 May by a group of scientists from the Massachusetts Institute of Technology, Stanford University and the University of Bristol. Their […]

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