The Energy Forum (TEF) and the Federation of Indian Petroleum Industry (FIPI), under the aegis of Ministry of Petroleum and Natural Gas, Government of India, are organising a Hydrogen Roundtable titled “Hydrogen Economy- the Indian Dialogue-2021” in a virtual mode on 15th April, 2021 to discuss emerging hydrogen ecosystems and exploring opportunities for collaboration, cooperation and coalition.
Union Environment Minister Prakash Javadekar on Wednesday said India will raise its climate ambitions but "not under pressure", and that it will not allow anybody to forget their historical responsibility.
However, the environment ministry later issued a clarification stating Javadekar "had only said that India will 'over achieve' its commitment made in Paris and not said that India will 'raise its ambitions'".
New Delhi, Apr 14 (UNI) India and France on Wednesday agreed to further joint initiatives on solar power, eliminating single use plastic and green hydrogen.
Environment and Climate change Minister Prakash Javadekar had a bilateral meeting with Minister for Europe and Foreign Affairs of France Jean Yves Le Drian in which both discussed boosting global action on climate change.
2021 is the year of Indo-French year of environment and the ministers' deliberation took place ahead of the Glasgow summit in June.
New Delhi: Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, announced it has signed an MoU with The Oberoi Group to augment its sustainability initiatives.
EESL said that it will assist The Oberoi Group in implementing several energy-efficient initiatives, including clean energy systems across its properties through its Building Energy Efficiency Program (BEEP).
These initiatives will help reduce the group’s overall carbon footprint and strengthen its energy conservation efforts, the company said.
The government is planning to use 2,000 mega-watt (MW) solar and wind power capacity for hydrogen production. It will also hold green hydrogen auctions as part of a broader plan to curb greenhouse gas emissions.
Apart from industrial use, hydrogen technology can also be used to store electricity and potentially to run vehicles.
Sources said plans were also afoot to make it mandatory for user industries like fertilisers and petroleum refineries to purchase 10% of their hydrogen requirements from domestic green hydrogen sources.
“Today’s bold announcement from Apple affirms that there is support from companies to mandate the disclosure of comprehensive, decision-useful climate-related information that financial markets, investors and stakeholders need,” said Mindy Lubber, CEO and President of Ceres, which has long called for mandatory corporate disclosure of climate risks. “In becoming the first major U.S. publicly traded company to come out in favor of the SEC issuing mandatory climate disclosure rules, Apple is demonstrating their commitment to transparency and support for necessary regulatory change.”
Bank of America last week more than tripled its environmental financing goal, saying it wants to deploy more than $1 trillion by 2030 to accelerate the transition toward a low-carbon, sustainable future, according to a Thursday press release.
Since launching its environmental business initiative in 2007, the bank said, it has financed $200 billion in sustainable activities, including asset-based lending, tax equity investments and capital raising in the energy and transportation sectors, among others. It pledged to back $300 billion in low-carbon activities between 2019 and 2030.
