Representational Image

Photo: CGTN

Energy Firms Build New Strategies To Uphold Environmental Standards

While achieving set environmental goals like reduced greenhouse gas emissions, major energy companies have opted to turn carbon sequestration into profitable ventures. The move is, reportedly, in accordance with the 2015 Paris Climate Agreement which aims to limit the increase in planetary warming to less than 1.5-degree Celsius. Companies like Kinder Morgan Inc, Baker Hughes Co and Exxon Mobil Corp have started to commercialise carbon… read-more

Wed, 17 Mar 2021 - 09:15 AM / by Neha Sanjeev

Tags: Green Energy, carbon emissions, global warming, Paris Climate Agreement

Courtesy: The Economic Times

Joe biden

Photo: Al Jazeera

Global Leaders Expect US To Go Zero-Pollution State By 2050

Nearly after 107 days of absence, the US has officially re-joined the Paris Climate Accord on February 19. The move came, 30 days after the President Joe Biden took charge at US office. Global leaders are anticipating, US to go zero emission of greenhouse gasses by 2050. “It’s good to have the US back….but sadly we have no time to celebrate,” said Laurence Tubiana, the French Climate Change Ambassador.

Fri, 19 Feb 2021 - 06:40 PM / by Ronit John

Tags: US, US President, Joe BIden, Paris climate accord, Paris Climate Agreement, environment

Courtesy: Indian Express

Greenhouse gas emission

Photo: Philadelphia Inquirer

EU Revises Climate Goals; Commits To Curb 55% GHG Emissions By 2030

After the culmination of a two-day summit at Brussels, the European Union leaders have agreed to cut the EU’s greenhouse emissions to 55% by 2030 with pre-1990 levels. This commitment will replace the earlier one that aimed at cutting 40% emissions by 2030. The EU members have planned to invest €1.82 trillion for procuring technology and help the member nations. The long-standing deal was finalised after coal-reliant countries pledged their… read-more

Fri, 11 Dec 2020 - 08:26 PM / by Sakshi Teresa Emmanuel

Tags: European Union, Climate crisis, Climate Change, Greenhouse gas emissions, Paris Climate Agreement

Courtesy: Al-Jazeera

Mining projects lead to loss of vegetation over large areas

Photo: Global News

Banks Financed Projects Worth $2.6tn Which Harmed Environment In 2019: Study

In an initiative by portfolio.earth which analysed Investment Banks loans revealed that in 2019, financial institutions funded projects worth $2.6 trillion which harmed environment and wildlife. The 'Bankrolling Extinction' report noted that banks lack systems to measure the environmental-degradation due to projects financed by them. While banks approved the Paris-Agreement commitment of not financing fossil-fuel projects, the report lauded … read-more

Wed, 28 Oct 2020 - 11:17 AM / by Nitesh Kumar Singh

Tags: environment, Investment banks, Paris Climate Agreement, Ecosystem, conservation, fossil fuel

Courtesy: The Guardian