Microsoft co-founder Bill Gates on Thursday said his climate investment fund would pledge $1.5 billion for projects to combat climate change if Congress passes the infrastructure plan. The Senate’s $1.2 trillion infrastructure bill, which hasn’t yet passed through the House, provides the Department of Energy with $25 billion for climate-focused demonstration projects. Gates’ fund, run […]
Rs 500 Crore Climate Change Mission To Be Launched in TN
A massive tree plantation programme of indigenous and diverse species, in co-ordination with multiple departments, public and private institutions will be taken up with people’s participation over 10 years. In order to combat and mitigate the impact of climate change in the coastal state of Tamil Nadu, the government said that it will launch a […]
New EIB Study: How Do EU And US Firms Perceive And Invest in Climate Change?
EU businesses’ climate-related investment continues to evolve despite COVID-19. Climate change’s ultimate impact may still be hazy for many businesses, but more EU firms are investing to protect themselves than US firms. Uncertainty about regulation and taxation cited as the biggest obstacle to climate-related investment. Although investment in energy efficiency measures has increased, Europe’s energy […]
‘UK Could Hit 40C Soon Due to Climate Change’
Last year’s average winter temperature was 5.3C, nearly 1.6C higher than the 1981 to 2010 average. The summer temperature was 0.4 above average at 14.8C, with temperatures hitting 34C for six consecutive days in August 2020. Britain has become wetter and warmer as a result of climate change, with the country’s 10 hottest years in […]
Climate Change is Most Critical Challenge: President
Addressing the 19th convocation of the Kashmir University here, he also hoped that the centres for glaciology and Himalayan biodiversity at the varsity will show the way to the world in fighting climate change. President Ram Nath Kovind on Tuesday said that climate change is the most critical challenge before humanity and global warming is […]
G20 Loath to Commit in Climate Meeting Tussle Over Carbon Wording
The G20 meeting is seen as a decisive stage ahead of United Nations climate talks, known as COP 26, which takes place in 100 days’ time in Glasgow in November. Energy and environment ministers from the Group of 20 rich nations have yet to agree on commitments to cut carbon emissions, two sources said, after […]
Indore Municipal Corporation Lists Seven More Green Projects to Boost Its Revenue
INDORE: After registering three of its projects under VCS (verified carbon standard, USA) programme, Indore Municipal Corporation (IMC) has now prepared a list of seven environment-friendly projects that can generate carbon credits and help the civic body earn revenue. IMC commissioner Pratibha Pal said that preparations to club over half-a-dozen projects eligible to get registration […]
A Global Comparison of Life-Cycle GHG Emissions From Passenger Cars
Berlin : A far-reaching new study of the life-cycle greenhouse gas (GHG) emissions from passenger cars, including SUVs, draws sharp and meticulous distinctions between the climate impacts of battery and fuel cell electric vehicles on one hand and combustion vehicles on the other. The detailed findings can be summarized straightforwardly. Only battery electric vehicles (BEVs) […]
Singapore Says S$5 Carbon Tax ‘A Start’ As It Eyes Higher Levy
Singapore is reviewing the planned increase in its carbon tax for businesses with a view to possibly raising the levy higher than earlier indicated, according to Minister for Sustainability and the Environment Grace Fu. “We think there’s room to move,” said Fu on Friday in an interview with Bloomberg Television’s Haslinda Amin and Rishaad Salamat. […]
FM Emphasis on Role of Technology in Fighting Climate Change
Sitharaman highlighted that in India, fiscal policy options are used for better environmental outcomes and concessional tax rates are in place to promote use of renewables, the finance ministry said in a series of tweets. Finance Minister Nirmala Sitharaman on Friday emphasised on the role of technology in fighting climate change and called for international […]