A growing number of US cities and states have proposed or even passed legislation that would require producing all electricity from renewable energy sources like solar and wind within a few decades. That might sound like a great idea. But a growing body of evidence shows it’s not. It increasingly appears that insisting on 100 percent renewable sources—and disdaining others that don’t produce greenhouse gases, such as nuclear power and fossil-fuel plants with carbon-capture te
Waste incineration is not exactly something that makes people think of improved air quality. But in the community of Hinwil in the Swiss canton of Zurich, the two aspects are being combined in a project that’s unique worldwide. On the ground, a local waste management authority converts trash to slag by burning; above, Climeworks turns carbon dioxide into plant food. It’s an efficient cycle as the waste incineration provides energy for the CO2 extractors on the roof. They brin
NEW DELHI: India needs to do more to attract foreign investment in technologies that can cut emissions from burning coal, a global coaltrade association said on Friday, given that the fuel will be a main source of electricity in the country for decades.
India, the world's second-biggest greenhouse gas emitter, has set ambitious targets to raise the contribution of solar and wind power to its energy mix, though it has also said coal will maintain its dominance for at least
The Congressional budget deal passed early Friday morning includes funding for technology known as carbon capture, a method of altering fossil fuel emissions that could be developed to stem the effects of climate change. The deal expands and extends tax credits for the development of carbon capture technology, which aims to separate carbon dioxide from oil and gas emissions before they're released into the atmosphere. The technology has not been widely adopted, but some compa
There is a material possibility that investee companies considered prime in the ESG (environmental, social and governance) rankings by asset managers may in fact be subprime. If public announcements from global financial institutions are to be believed, 2018 may be remembered as the year when the primary goal of business became more than business. On 16 January, BlackRock, the world’s largest asset manager with $6.3 trillion under its management, in a letter warned CEOs (chie
Climate risk has arrived as a business issue to be reckoned with. Big money managers like Vanguard and Blackrock have publicly highlighted the environment as a top investment concern. It's becoming clear that companies that ignore sustainability concerns will face investor scrutiny. Climate risk has arrived as a business issue to be reckoned with. Over the last year, the investment community sent a clear message that they are focused on environmental sustainability and expect
Solar Power Generation in India Jumped 86 Percent in 2017 India recently achieved the milestone of 20 GW in cumulative solar installations and has high hopes for increasing solar power generation further in the coming quarters. India’s increasing efforts towards expansion of renewable energy have led to a substantial increase in solar power generation over the past year. In the calendar year 2017, the total solar electricity generation in the country yielded over 21.5 billion