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COP28 Presidency and IEA highlight decarbonisation initiatives to keep 1.5C in reach – EQ
In Short : These efforts are significant as they underscore the critical role of international cooperation in addressing climate change. By demonstrating a commitment to decarbonization and emphasizing specific initiatives, the COP28 Presidency and the IEA are setting a positive example for other nations and organizations. Such leadership is instrumental in driving momentum towards achieving […]
Ministry of Power & Ministry of Environment, Forests & Climate Change to develop Carbon Credit Trading Scheme for Decarbonisation – EQ Mag
Indian Carbon Market (ICM) to spur mobilization of investments for transition to low-carbon pathways: Shri Abhay Bakre, DG, BEE ICM to help India in achieving the NDC goal of reducing Emissions Intensity of the GDP by 45 percent by 2030 against 2005 levels The government plans to develop the Indian Carbon Market (ICM) where a […]
Funding important to make decarbonisation affordable: Ruia, Essar Capital – EQ Mag
Speaking at the India Energy Week, the director of Essar Capital said that funding is important to make decarbonisation affordable: Ruia As countries chart out decarbonisation plans, an Essar group executive said funding for reducing carbon dioxide emissions and improving technologies was essential to make it affordable. “The single biggest opportunity for us is to […]
President Hoyer to Bloomberg TV: “We need to stay the course on decarbonisation” – EQ Mag Pro
In a recent interview in New York with Bloomberg TV at the margins of the UN General Assembly and New York Climate Week, EIB President Werner Hoyer discussed the current energy crisis and efforts to develop renewable energy and infrastructure. Questioned by presenters Alix Steel and Guy Johnson on the EIB’s energy lending policy, President […]
Fortescue Announces Execution Plan For Industry Leading Decarbonisation – EQ Mag Pro
– US$6.2 billion capital investment by 2030 to eliminate fossil fuel risk and reduce operating costs by US$818 million per year. Fortescue Metals Group Ltd (Fortescue, ASX: FMG) has today updated its world leading heavy industry decarbonisation strategy, aiming to eliminate fossil fuel use and achieve real zero terrestrial emissions (Scope 1 and 2) across […]
Carbon Capture Remains A Risky Investment For Achieving Decarbonisation – EQ Mag Pro
Shute Creek in the U.S. underperformed its carbon capture capacity by around 36% over its lifetime, Boundary Dam in Canada by about 50%, and the Gorgon project off the coast of Western Australia by about 50% over its first five-year period. The 90% emission reduction target generally claimed by the industry has been unreachable in […]
New York Looks to Hydrogen to Drive Decarbonisation
New York Governor Andrew M. Cuomo has announced that New York plans to explore the potential role of green hydrogen as part of the state’s comprehensive decarbonization strategy. To support this effort to study green hydrogen and its possible applications, the state is collaborating with the National Renewable Energy Laboratory (NREL), joining two hydrogen-focused organizations […]
India Takes a Step Forward Towards Decarbonisation And Promotion of RE , Hydro PSP And BESS
The waiver of ISTS charges on transmission of the electricity generated from solar and wind extended till 30th June 2025 The waiver of ISTS charges also allowed for Hydro PSP and BESS. The waiver of transmission charges allowed for trading of Renewables in the power exchanges. Ministry of Power has issued order today for extension […]
Geopolitical Implications of Green Hydrogen Economy
Action to mitigate climate change is set up to be a major global theme politically and economically for the coming decades. This is no longer merely about environmental conservatism; it is also about long-term industrial and economic sustainability. In the competition between countries, access to technology, natural resources, and human capital needed to deliver this […]