Epsilon Carbon Secures INR 100 Crore Sustainability Linked Funding From Standard Chartered Bank In Short – Epsilon Carbon obtains INR 100 crore in sustainability-linked funding from Standard Chartered Bank. In Detail – Carbon-based product global manufacturer Epsilon Carbon Pvt Ltd has secured Rs 100 crore sustainability-linked working capital funding from Standard Chartered Bank. The facility […]
JK Cement to Offtake Green Energy from CleanMax’s Wind & Solar Farm in a Bid to Reduce Carbon Footprint
Mumbai : JK Cement has entered into a power purchase agreement (PPA) with CleanMax Enviro Energy Solutions, Asia’s leading C&I renewable energy company for 6.42 MW wind – solar generation capacity in the state of Karnataka. The PPA is for a duration of 25 years and at a tariff 50% less than the prevalent DISCOM […]
Carbon credits serve to greenwash business-as-usual, says TAI, won’t cut emissions
A focus on carbon credits may serve to hamper Australia’s efforts to reduce its emissions, warn researchers from The Australia Institute. In a submission to the Chubb Review, TAI senior researcher Polly Hemming and climate program director Richie Merzian argue carbon credits will distract from implementing policies that actively will reduce emissions. Effective policies include […]
Roshnee aimed at 850 MT of carbon emission reduction in one decade – EQ Mag Pro
The forth coming Budget is likely to make an allocation of Rs 10,000 crore to implement Roshnee. The scheme was initially proposed to be floated with a corpus of Rs 5,000 crore. The Centre’s Roshnee scheme has been aimed at reducing at least 850 million tonne of carbon emission from the system in the next […]
Carrefour Raises Climate Goals as Targets 2040 Carbon Neutrality – EQ Mag Pro
French retailer Carrefour SA said it aims to become a carbon-neutral company by 2040 by quickening its initiatives to reduce emissions of greenhouse gases. Carrefour aims to reduce its emissions by 70% in 2040 versus 2019 levels, 15 percentage points more than its previous target, the company said Sunday in a statement. The retailer said […]
Japan OKs plan to push clean energy, nuclear to cut carbon
Japan adopted a new energy policy on Friday that promotes nuclear and renewables as sources of clean energy to achieve the countrys pledge of reaching carbon neutrality in 2050.The new basic energy plan, adopted by the Cabinet just in time for the climate summit in early November, calls for drastically increasing use of renewable energy […]
ESG goals: L&T aims to be carbon neutral by 2040 and water neutral by 2035
With an intention to integrate its Environmental, Social and Governance (ESG) goals with business targets, Larsen & Toubro (L&T), country’s largest engineering and construction company, on Thursday said it is working towards becoming a ‘net zero’ company and has set a goal to achieve carbon neutrality by 2040 and water neutrality by 2035. A net […]
Rio Tinto announces bold $7.5 bln spend to halve carbon emissions by 2030
MELBOURNE : Anglo-Australian miner Rio Tinto (RIO.AX) announced on Wednesday a $7.5 billion plan to reduce carbon emissions by 50% by 2030, a reduction three times greater than its previous target, but shares fell as investors reacted to the higher spend. As steel and iron ore producers continue their push to cut carbon emissions in […]
White House does not rule out carbon tax despite Manchin comment
Some Democrats, including Senator Ron Wyden, have focused on a carbon tax as a possible alternative as Manchin opposes a key measure in the spending bill called the Clean Energy Payment Program (CEPP.) That measure, which would reward power utilities for investing in renewable energy such as wind and solar and fine those who do […]
Huawei Digital Power lights up Dubai and calls for collective efforts for low-carbon, smart society
Huawei Digital Power lights up Dubai and calls for collective efforts for low-carbon,smart society l Huawei Digital Power lights up Dubai with a spectacular light show on Burj Khalifa with the theme ‘Building a Low-carbon and Green Future’ which successfully concludes Global Digital Power Summit 2021 with more than 500 participants from67 countries attending. Huawei […]