Fossil Fuel

Failure to decarbonize and diversify revenue could cost India $178 billion by 2050, warns report 

The report finds that public revenues from fossil fuel production and consumption currently account for a staggering 34 per cent of general government revenue in Russia, 18 per cent in India...

published on : 7th July 2022

Germany to kickstart expansion of renewable energy amid sharply cutting imports from Russia

Chancellor Olaf Scholz said that the war was another reason for Europe’s biggest economy to double down on its efforts to expand the use of renewable energy.

published on : 7th July 2022

IEA: High prices, uncertainty will slow growth in gas demand 

The revised forecast is mostly due to expectations of slower economic growth rather than buyers switching from gas to coal, oil or renewable energy. 

published on : 5th July 2022

Environmental activists take to increasingly eye-catching stunts to keep climate centre stage

"Civil disobedience attracts more attention than demonstrations," said sociologist Dieter Rucht.

published on : 25th June 2022

Rapid transition to clean energy could create 1.5 crore jobs in India by 2025: Report

The report said that India could witness eight dollars or 10 per cent reduction in per capita energy expenditure by 2025 when compared with business as usual scenario.

published on : 23rd June 2022

Green fuel push by Balco for thermal plant, fuel mix with biomass briquettes

The company is utilising around 50 tons of biomass briquettes daily to reduce its reliance on fossil fuels and will further increase the quantum of biomass consumption.

published on : 19th June 2022

UN chief: Governments' inaction on climate is 'dangerous'

Guterres said global greenhouse gas emissions need to drop by 45 per cent this decade, but are currently forecast to increase by 14 per cent.

published on : 14th June 2022

Russia earns USD 98 billion from fossil fuel exports in 100 days of Ukraine war: Report

Even with countries and companies shunning its supplies over the Ukraine invasion, the global rise in fossil fuel prices continued to fill Russia;s coffers, with export revenues reaching record highs.

published on : 13th June 2022

Months after pledge at UN climate conference, India yet to submit emissions targets

The more urgent deadline was to get the submission in before the November negotiations in Glasgow and most nations did. Of the five top-emitting nations, only India has not submitted its plans.

published on : 4th March 2022

India needs diversified energy mix with focus on fossils fuels: Economic Survey

The focus should be laid on building storage for intermittent electricity generation from solar PV and wind farms to ensure on-demand energy supply.

published on : 31st January 2022

Indian Biogas Association urges Union government to set up 'Biogas Fertiliser Fund'

Biogas is indispensable for India's climate goals, thus the government needs to foster the industry with GST concessions, the Indian Biogas Association requested the Union government.

published on : 26th January 2022

Energy summit in UAE after COP26 stresses fossil fuel demand

Al-Jaber argued over $600 billion annually will need to be invested in the oil and gas industry until 2030 — just to keep up with expected global demand.

published on : 16th November 2021

Climate deal emerges at COP26 summit, India intervenes on phasing out of fossil fuel

Countries, as part of the agreement, have also agreed to meet next year to discuss further carbon cuts so that the goal to limit warming to 1.5 degrees Celsius can be reached.

published on : 14th November 2021

Dutch pension fund to divest from fossil fuel producers

The announcement comes just days before a United Nations climate conference known as COP26 opens in Glasgow.

published on : 26th October 2021

EU chief says key to energy crisis is pushing Green Deal

EU chief wanted the bloc to double down on a swift transition to clean energy from wind and sun, which can be domestically produced and will ultimately be a lot cheaper than imported fossil fuels.

published on : 20th October 2021

Study: Fossil fuel plans would far overshoot climate goals

The disparity between climate goals and fossil fuel extraction plans — termed the “production gap” — will widen until at least 2040, according to a UN-backed study released Wednesday.

published on : 20th October 2021