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Equinor to Spend More on Renewables, Sets Medium-Term Climate Goals

Equinor will increase the share of investment it dedicates to renewable energy and so-called low-carbon solutions as it seeks to broaden its business, the Norwegian oil and gas producer said in a strategy update on Tuesday. The company will increase its dividends and introduced a new share buyback initiative, it said. Equinor will increase the […]

World ‘Way Off Track’ On Climate: UK Business Lobby

World ‘Way Off Track’ On Climate: UK Business Lobby

Britain, which hosted the weekend G7 leaders’ summit, will also anchor the COP26 UN climate gathering in Glasgow in November. World efforts to tackle climate change are “way off track”, the head of Britain’s main business lobby group said Monday after a G7 pledge to step up action. Tony Danker, director-general of the Confederation of […]

Equinor to Spend More on Renewables, Sets Medium-Term Climate Goals

With Trump gone, NATO wages war on climate change threat

Trump called climate change a “hoax” and pulled the United States out of the international Paris Agreement to fight climate change If the U.S. military were a nation state, it would be the world’s 47th largest emitter of planet-warming greenhouse gases, a 2019 study found. Though the British universities of Lancaster and Durham took account […]

Equinor to Spend More on Renewables, Sets Medium-Term Climate Goals

STATEMENT: G7 Leaders Agree to Enhance Climate Action But Leave Developing Countries Without Adequate Climate Finance

WASHINGTON : G7 leaders met in the U.K. over the weekend, where they discussed a broad agenda including next steps for climate action. Together, they agreed to reach net zero emissions no later than 2050 and to halve their collective emissions by 2030. These and other commitments were noted in a new Communique. There were […]

Equinor to Spend More on Renewables, Sets Medium-Term Climate Goals

Finance Risks Falling Behind In a Greening World

The effects of climate change are all around us. Last year was the hottest on record; the last decade, the hottest ever recorded. Almost a decade and a half after the global financial crisis, experts warn that the effects — from rising sea levels, flooding, droughts and wildfires — could make financial crises more than […]

Equinor to Spend More on Renewables, Sets Medium-Term Climate Goals

Keventer Agro Offsets 3,300+ Metric Tons of Carbon Emission From its Manufacturing Facility’s Rooftop Solar Plant

Kolkata :  Keventer Agro Ltd, one of the fastest-growing food companies in Eastern India announced today that it has offset more than 3,300 metric tons of greenhouse gas emissions from its Barasat manufacturing facility’s rooftop solar plant since its commissioning in September 2019. This translates into an average monthly offset of 165 metric tons which […]

Equinor to Spend More on Renewables, Sets Medium-Term Climate Goals

IndusInd Bank Plans to Raise Climate Financing to 3.5% in Two Years

Private sector IndusInd Bank on Saturday said it will reduce carbon emissions to 50 per cent in next four years and raise climate financing to 3.5 per cent in two years. Private sector IndusInd Bank on Saturday said it will reduce carbon emissions to 50 per cent in next four years and raise climate financing […]

Equinor to Spend More on Renewables, Sets Medium-Term Climate Goals

Why the Green Climate Fund Should Give Developing Countries Greater Direct Access to Finance

At its latest board meeting in March 2021, the Green Climate Fund (GCF) approved $1.2 billion in funding for 15 climate change projects in developing countries. However, funding for only two of these projects, or 1.5% of the total amount, went directly to developing country institutions. The GCF, one of the financial mechanisms the Paris […]

Equinor to Spend More on Renewables, Sets Medium-Term Climate Goals

RIL May Go Big in its New Energy Business Amid Climate Concerns

As environmental concerns regain momentum across the globe and companies are setting carbon neutral targets, oil-to-telecom major Reliance Industries (RIL) plans to give a major push to its new energy and new materials business. New Delhi: As environmental concerns regain momentum across the globe and companies are setting carbon neutral targets, oil-to-telecom major Reliance Industries […]

Equinor to Spend More on Renewables, Sets Medium-Term Climate Goals

What is Carbon Lock-in and How Can We Avoid It?

Put yourself in the shoes of a government planner, power company executive, school superintendent, manufacturer or homeowner. You need to buy an expensive piece of equipment that could be used for decades to come. Spending on projects like power plants, boilers, buildings, vehicles and other types of infrastructure is always an exercise in current budget […]

Equinor to Spend More on Renewables, Sets Medium-Term Climate Goals