climate

Environmental remediation market to top $227 bn driven by regulations and ESG goals

According to a new report published by Allied Market Research, the environmental remediation market size was valued at $111.1 billion in 2023, and is projected to reach $227.7 billion...

Highlights of IEA’s Global Methane Tracker

Methane contributes to approximately 30 percent of global temperature increases since the Industrial Revolution, making its reduction crucial for mitigating near-term warming and enhancing...

Vedanta cuts 28 MT CO₂, uses 2.6 bn units green energy

Vedanta has mitigated 28 million tonnes of carbon emissions since FY23, equivalent to the CO₂ absorbed by over 1 billion trees annually. The company utilised...

Australia’s coal mine methane emissions 40% higher than official estimates

Satellite analysis reveals Australia’s coal mine methane emissions are 40 percent higher than officially reported, according to a study conducted by Ember using TROPOMI...

EU revises CO2 emission targets for car and van manufacturers

The European Commission has proposed an amendment to CO2 emission standards for new cars and vans, introducing a flexibility measure for manufacturers between 2025...

Energy-related CO2 emissions grow 0.8% in 2024: IEA

The latest IEA report said global energy-related CO2 emissions increased by 0.8 percent in 2024, reaching a record 37.8 Gt CO2, contributing to atmospheric...

Standard Chartered to reduce emissions linked to bonds for oil and gas

Standard Chartered has committed to reducing emissions linked to the bonds it arranges for oil and gas companies, reinforcing its net-zero strategy despite some...

What are implications after exit of US from Paris climate agreement?

United States President Donald Trump has ordered the U.S. to withdraw from the Paris climate agreement, marking the country’s second departure from the pact...

Google inks carbon credit deal with Indian supplier Varaha

Google has announced a significant initiative to purchase carbon credits from an Indian program converting agricultural waste into biochar, a charcoal-like material that removes...

India reveals Rs 15,000 crore fund for steel industry to cut carbon emission

India government said it is preparing the ‘Green Steel Mission’ with an estimated cost of Rs 15,000 crore to help the steel industry reduce...

Year 2024 is the warmest on record, concluding a decade of unprecedented heat

The year 2024 is poised to be the warmest on record, concluding a decade of unprecedented heat driven by human activities, according to the...