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Ministry of Power Introduces Amendments to Carbon Credit Trading Scheme
In a significant update to the Carbon Credit Trading Scheme, the Ministry of Power has introduced key amendments aimed at expanding the participation scope and strengthening the framework for carbon credit initiatives. Notably, clause (k) in paragraph 2 has been revised to include the crucial phrase “either generate or,” thereby widening the spectrum for entities…
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Almonds Ai Unveils Green Loyalty Program™ Paving the Way to India’s Net Zero by 2070
Almonds Ai, a B2B channel engagement and experiences solutions company, has unveiled its groundbreaking Green Loyalty Program™, an innovative initiative designed to propel India towards achieving net zero by 2070. The loyalty program platform seeks to empower businesses by fostering sustainability awareness, promoting eco-friendly behaviors, and endorsing environmentally conscious practices among their customer base. This…
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India-US MoU Paves the Track for Net Zero Carbon Emission in Railways by 2030
In a significant development aimed at bolstering sustainability efforts in the transportation sector, the Union Cabinet, led by Prime Minister Shri Narendra Modi, has approved the signing of a Memorandum of Understanding (MoU) between India and the United States for International Development/India (USAID/India). The MoU, inked on June 14, 2023, is a strategic collaboration to…
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Adani Total Gas and Flipkart Forge Partnership to Decarbonize E-commerce Logistics in India
Adani Total Gas Limited (ATGL), a prominent energy and city gas distribution company in India, has entered into a Memorandum of Understanding (MoU) with Flipkart, the country’s leading ecommerce marketplace. The collaboration aims to align with Flipkart’s vision of minimizing carbon footprint across the various stages of goods transportation, encompassing sourcing locations, warehouses, and customer…
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UltraTech Cement’s Decarbonization Drive: Targets 85% Green Energy by 2030
UltraTech Cement Limited, India’s foremost cement and Ready-Mix Concrete (RMC) company, has unveiled ambitious plans to significantly enhance the proportion of green energy in its overall energy mix, aiming for an impressive 85% by 2030. As an interim milestone, the company intends to triple its current green energy share, rising from 22% to 60% by…
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Latest Data Highlights Carbon Capture as Fossil Fuel Lifeline, Not Climate Savior
In a stark revelation on the eve of the United Nations Climate Change Conference, Oil Change International has exposed the shortcomings of Carbon Capture and Storage (CCS) in its report titled “Carbon Capture’s Publicly Funded Failure.” The study, spanning 50 years, unveils a disheartening trend of over-promising and under-delivering by CCS, with governments funneling over…