In Short : The cement sector targets net-zero CO₂ emissions by 2070, driven by sustainability efforts and innovation. With a 3.1% CAGR, production is set to reach 1,546 million tonnes. Key strategies include alternative fuels, carbon capture, and energy efficiency. Despite challenges, the industry is balancing growth and sustainability, ensuring a greener future while meeting […]
In Short : Achieving net-zero emissions requires renewable energy adoption, improved energy efficiency, and electrification of sectors like transportation and heating. Key strategies include carbon capture and storage, afforestation, sustainable agriculture, and a circular economy. Effective policies, research and innovation, and public awareness are essential. Together, these efforts support emission reductions and promote sustainable, low-carbon […]
In Short : A study suggests that the aluminium industry requires Rs 2.2 lakh crore investment to achieve net-zero emissions. This underscores the substantial financial commitment needed to transition towards sustainable production practices and combat climate change. In Detail : New Delhi : The aluminium industry in India will require a capital expenditure of nearly […]
India’s path to achieving its net-zero emissions targets by 2070 hinges on three critical factors: decarbonizing the grid, industry, and transportation sectors. These efforts underscore the nation’s commitment to combating climate change and achieving sustainability. By transitioning to cleaner energy sources, implementing green technologies in industries, and promoting eco-friendly transportation solutions, India can make substantial […]
Oman’s high-quality renewable energy resources and vast tracts of available land make it well placed to produce large quantities of low-emissions hydrogen – a fledgling industry today that can attract investment to diversify and expand the country’s export revenues while reducing its natural gas consumption and emissions, according to a new IEA report released today. […]
LONDON : U.S. bank Citi C.N on Thursday announced targets for cutting emissions tied to loans it makes to coal mining, auto, steel and real estate clients by the end of this decade, in its latest update to its plan to reach net-zero emissions by 2050. Banks globally are laying out plans for reducing emissions […]
Minister for Industry and Science Ed Husic formally launched consultations for Australia’s first National Battery Strategy to support the transition to clean energy. Minister Husic said domestic battery industries will be buoyed by Australian know-how and domestic access to minerals to help power the move to clean energy here and around the world. “Our general […]
How can the cement and concrete industry reach net-zero emissions by 2050? McKinsey hosted panelists at the World Economic Forum Annual Meeting 2023 in Davos to offer their insights. The built environment accounts for approximately 40 percent of global CO2 emissions from fuel combustion and 25 percent of global greenhouse-gas (GHG) emissions.1 As a part […]
In addition to silicon wafers, silver is a crucial PV panel material carrying electricity from solar cells. However, silver is a precious metal. A study discovered that the fast-growing solar industry could exhaust most of the world’s silver by 2050, where solar businesses will need 85% of global silver reserves. To achieve net-zero emissions, governments […]
Technology holds the key to unlocking decarbonization by identifying emission hot spots and pinpointing the areas of biggest impact. The pressure is mounting for companies to deliver on their ambitious carbon reduction goals, and technology has a critical role to play in helping them get there. Almost two-thirds of Fortune 500 companies have set ambitious […]