climate

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...

Stellantis to pay $4.2 mn to settle emissions probe

Stellantis’ FCA US unit has agreed to pay $4.2 million to resolve a California investigation into excess emissions, covering 2014-2016 Ram ProMaster vehicles equipped...