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India needs over $400 billion investment to fight climate change, says report

India needs over $400 billion investment to fight climate change, says report Since the country is set to far exceed most of its 2015 Paris Agreement targets on climate change, analysts are keenly watching whether India raises its pollution curtailment targets or signals a net carbon neutrality deadline at the two-day Climate Summit PTI | April 22, 2021 | Updated 21:30 IST The government had ramped up ethanol blending within petrol ratio from 1.4 per cent in 2014 to 5 per cent in 2020 The country needs over USD 400 billion in capital investment which could save over 100 GW of energy and 1.1 billion tonne of greenhouse gasses between 2015 and 2030, if it goes ahead with the measures to control pollution under the Paris climate agreement, says a report. Since the country is set to far exceed most of its 2015 Paris Agreement targets on climate change, analysts are keenly watching whether India raises its pollution curtailment targets or signals a net carbon neutrality deadline

A fresh push for green hydrogen

A fresh push for green hydrogen Updated: Updated: India must address several challenges to enhance commercial-scale operations Share Article AAA India’s first hydrogen bus flagged off by Tata Motors in Kerala in collaboration with the Indian Oil Corporation. Photo: Special Arrangement   India must address several challenges to enhance commercial-scale operations India will soon join 15 other countries in the hydrogen club as it prepares to launch the National Hydrogen Energy Mission (NHEM). The global target is to produce 1.45 million tonnes of green hydrogen by 2023. Currently, India consumes around 5.5 million tonnes of hydrogen, primarily produced from imported fossil fuels. In 2030, according to an analysis by the Council on Energy, Environment and Water (CEEW), green hydrogen demand could be up to 1 million tonnes in India across application in sectors such as ammonia, steel, methanol, transport and energy storage. However, several challenges in scaling up to comme

Next couple of years bode well for growth in the Indian industrial market, says Cummins India s MD, Ashwath Ram

ET Interviews NEWS Powered by Next couple of years bode well for growth in the Indian industrial market, says Cummins India s MD, Ashwath Ram SECTIONS Next couple of years bode well for growth in the Indian industrial market, says Cummins India s MD, Ashwath Ram Last Updated: Apr 09, 2021, 05:35 PM IST Share Synopsis The bottom line here is that we are ready with investments and with products as well, to meet the demand of tighter and tighter emission norms. Much of the world is eyeing electrification and a zero-carbon target, we are also ready to make those investments happen, says Ashwath Ram.

Hailed by the world but ignored in India: Modi has taken India far ahead in tackling climate change

Northlines Arallan Modi has done more for the environment than any other PM in recent history. Unfortunately, most journalists and intellectuals do not give him due credit for it. Therefore, it is not surprising that almost all appreciation that Modi gets is from international bodies, including the World Economic Forum (WEF), specifically for the role he played pertaining to the Paris Agreement. Recently, Modi also received the CERAWeek Global Energy and Environment Leadership Award “for his commitment to expanding India’s leadership in sustainable development”, in the words of IHS Markit vice chairman and Pulitzer Prize winning author Daniel Yergin.

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