Spain’s carbon emissions fell below 1990 levels last year, helped by more renewable energy, a drop in coal-fired power and an economy slowed by the pandemic, a statement released by the environment ministry said on Thursday. Carbon emissions fell 13.7% in Spain in 2020 from 2019 levels to 272 million tons, about 6.4% less than […]
Amazon Says Its Carbon Footprint Grew 19% Last Year
The Seattle-based company said that, while its carbon footprint grew, the amount of carbon it emitted for every dollar spent on the site fell 16% in 2020. The logo of Amazon is seen at the company logistics centre. NEW YORK : Amazon said Wednesday that its carbon footprint grew 19% last year as it rushed […]
India says will oppose ‘regressive proposal’ by rich nations on carbon tax
India will instead seek more action from European nations and the US, says Environment Minister. India and other developing nations will oppose plans by the European Union and the US to penalize imports of carbon-intensive goods to curb emissions at the global climate summit to be held in Glasgow this November. “It is the most […]
TCS targets net zero emissions by 2030
Tata Consultancy Services to leverage Vision 25×25, Renewable Energy, and Digital Technology to reduce carbon emissions by 70% by 2025, and become a Net Zero Emitter by 2030. Tata Consultancy Services (TCS) has announced its plans to reduce its absolute greenhouse gas emissions across Scope 1 and Scope 2 by 70% by 2025 (over 2016 […]
HDFC Bank commits to becoming Carbon Neutral By 2031-32
Lucknow: HDFC Bank on Thursday announced plans to become carbon neutral by 2031-32. As part of this initiative, the Bank is looking at reducing its emissions, energy, and water consumption. The Bank will continue to incorporate and scale up the use of renewable As part of its ESG strategy, the Bank will also focus on […]
Clean Energy | Green Hydrogen Can Play a Vital Role in Reducing India’s Carbon Footprint
Just as was the case with solar power, where India led from the front in forming the International Solar Alliance, India has a unique opportunity to become a global leader in green hydrogen Hydrogen, which is the most abundant element in the universe, is the next big thing in the planet’s fight against climate change. […]
Australia and Korea Can Become Renewable Energy Superpowers Together
Australia and South Korea have a long history of friendship and co-operation. My country is Australia’s fourth-largest trading partner, and this year we will mark the 60th anniversary of diplomatic relations. But big changes are under way, raising the question of how we can evolve our relationship in a decarbonising world. South Korea’s economy is […]
Farmers struggle to break into booming carbon credit market
When Microsoft Corp made a massive purchase of carbon credits in January, it turned to a relatively new source: farmers who plant crops meant to trap carbon in the soil. The credits are financial instruments generated by projects that reduce or avoid the release of greenhouse gases, such as solar farms or tree plantings. When […]
Low-income countries play carbon leapfrog in green energy shift
Expansion of Vietnam’s wind and solar farms is proving crucial to powering its economic growth Just as Brazil’s rivers supply it with hydroelectric power and faults in the earth’s crust provide Indonesia with geothermal energy, so Vietnam hopes abundant sunshine and a shallow coast will provide clean energy to drive economic growth. Like many low- […]
KitKat to be carbon neutral by 2025, boosting sustainability efforts
KitKat, one of the world’s most popular chocolate brands, has today pledged to become carbon neutral by 2025. KitKat aims to reduce the emissions generated through the sourcing of its ingredients, the manufacturing of the product and its distribution by more than 50% as part of the plan. Most emissions occur when producing KitKat’s ingredients […]