The long road to net zero
3 years, 1 month ago

The long road to net zero

The Hindu  

The story so far: With the announcement of a net zero emissions target for 2070 by Prime Minister Narendra Modi at the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change in Glasgow, India has joined a high-profile group of countries. The Gist Net zero can be achieved only through a structured programme that relies on sharp emissions reduction, wide support for clean energy innovation and adoption of green technologies. Net zero will involve industrial renewal using green innovation, green economy support and supply chains yielding new jobs India’s well-founded argument against committing itself to strict emissions goals is that it has historically been one of the lowest emitters of GHGs, and the impetus has to come from the developed economies that had the benefit of carbon-intensive development since the Industrial Revolution. India’s absolute emissions volume stands third, after China and the U.S. Mr. Modi’s net zero plan, which he described as “ panchamrit ”, or the five nectar elements, includes raising renewables capacity to 500 gigawatt by 2030, share of power from renewables to 50%, and reducing carbon intensity of the economy by 45%. Net zero will involve industrial renewal using green innovation, green economy support and supply chains yielding new jobs.

India Green Emissions State Million Tonnes Net Zero Ghg  indias  net  road  renewables  million  support  green  zero  power  long  tonnes  emissions

History of this topic

IIM Lucknow study reveals $1.7 trillion investment needed for net-zero goals
2 weeks, 5 days ago

IIM Lucknow study reveals $1.7 trillion investment needed for net-zero goals

India Today  

Researchers from the Indian Institute of Management, IIM Lucknow and Ahmedabad University have conducted a study outlining the necessary steps for India's industrial sector to achieve net-zero emissions by 2070. The study has been published in the prestigious journal Applied Energy and emphasises the need for transformative changes in the industrial domain of India to align with the nation's net-zero …

Watch: What is Net Zero? A key to tackling climate change
3 months, 1 week ago

Watch: What is Net Zero? A key to tackling climate change

The Hindu  

India has committed to reach the net zero emission targets by 2070. Because there’s too much carbon dioxide and methane and other greenhouse gases in the atmosphere, we have global warming and climate change. A particular system — like the atmosphere, but also like a factory or a business or an entire industry or even a whole country — can …

Net zero ‘to fuel a decade of global inflation’
5 months, 3 weeks ago

Net zero ‘to fuel a decade of global inflation’

The Telegraph  

The world’s transition to net zero will add 1.6 percentage points to inflation annually for the next decade, a large investment firm has warned. French asset manager Carmignac has said that central banks will struggle to keep inflation under control because of the high levels of spending needed for green energy projects. Raphaël Gallardo, Carmignac’s chief economist, said that central …

Labour’s net zero plans ‘will cost £116 billion’
9 months ago

Labour’s net zero plans ‘will cost £116 billion’

The Telegraph  

Labour’s plans to reach net zero will cost £116 billion, new analysis has revealed. Analysis by Aurora Energy Research, founded by academics from the University of Oxford, for Policy Exchange, found that decarbonising the UK’s power grid by 2030 would cost £116 billion over the next 11 years. Bim Afolami, a Treasury minister, said Monday’s report showed that Sir Keir’s …

Britain to miss net zero target despite billions of investment, warn analysts
10 months ago

Britain to miss net zero target despite billions of investment, warn analysts

The Telegraph  

Britain will still depend on oil and gas for a third of its energy in its net zero target year of 2050 despite billions of pounds of investment, according to a report from leading energy analysts. The UK is massively behind schedule with its plans for offshore wind farms, nuclear power stations, solar farms and other low carbon energy sources …

Some nations want to remove more pollution than they produce. That will take giving nature a boost
1 year ago

Some nations want to remove more pollution than they produce. That will take giving nature a boost

Associated Press  

DUBAI, United Arab Emirates — Why promise net zero emissions when you can go even lower, such as negative emissions? “It’s a huge challenge to become carbon neutral and then carbon negative and we are not yet there,” cautioned Kai Mykkänen, Finland’s environment minister, “but we are really targeting this.” For the rich Nordic country, the strategy is threefold. There …

What will happen to the world once we reach net-zero?
1 year ago

What will happen to the world once we reach net-zero?

The Hindu  

Humanity’s emissions of greenhouse gases have caused rapid global warming at a rate unprecedented in at least the past 2,000 years. To avoid reaching unsafe global temperatures, climate scientists have concluded we can’t prevent continued global warming without reaching a state of net zero CO₂ emissions. The urgency of reaching net zero CO₂ emissions has sparked the use of state-of-the-art …

The tough truth behind corporate net zero sustainability targets
1 year, 1 month ago

The tough truth behind corporate net zero sustainability targets

BBC  

The tough truth behind corporate net zero sustainability targets Alamy The number of companies releasing net zero pledges is growing, but how they'll get there while maintaining business operations isn't so straightforward Businesses are increasingly committing to ambitious sustainability pledges. Net Zero Tracker, an independent group that follows corporate pledges, found that half the world’s largest 2,000 publicly listed companies …

Net zero policy changes to cost drivers and renters more money, say advisers
1 year, 2 months ago

Net zero policy changes to cost drivers and renters more money, say advisers

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Around a fifth of the required emissions reductions to 2030 are covered by plans that we assess as insufficient …

What Sunak’s net zero U-turn means for the UK’s climate goals
1 year, 3 months ago

What Sunak’s net zero U-turn means for the UK’s climate goals

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. He said these measures imposed “unacceptable costs” on ordinary people, a claim climate experts strongly refute, and said the …

What is net zero and how will it affect the public?
1 year, 3 months ago

What is net zero and how will it affect the public?

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Prime Minister has announced a set of delays to key climate policies designed to …

How the UK’s net zero pledges compare to other decarbonising countries
1 year, 3 months ago

How the UK’s net zero pledges compare to other decarbonising countries

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. More than 70 countries including the UK, US, EU and China have targets to …

‘Decarbonisation of building and construction sector imperative to achieve India’s net zero target’
1 year, 3 months ago

‘Decarbonisation of building and construction sector imperative to achieve India’s net zero target’

The Hindu  

Sectors for which transition to net zero is difficult to impossible due to financial and technological challenges A Niti Ayog report released earlier this year identified power, industry, transport, and buildings as the four major sectors in India contributing to carbon emissions. To achieve India’s goals of reducing its carbon footprint by 30-35 percent by 2030 and net zero by …

UK failing to meet net zero targets, government’s own climate watchdog warns
1 year, 5 months ago

UK failing to meet net zero targets, government’s own climate watchdog warns

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The government’s own climate watchdog has said it is losing confidence …

More companies setting 'net-zero' climate targets, but few have credible plans, report says
1 year, 6 months ago

More companies setting 'net-zero' climate targets, but few have credible plans, report says

The Hindu  

A growing number of companies are pledging to cut their greenhouse gas emissions to "net zero" as part of global efforts to tackle climate change, but that goal is rarely supported by a credible plan, according to a report published Monday. While 149 countries have such targets, up from 124 in late 2020, the number of publicly listed corporations aiming …

G7 urges major economies: Net zero by 2050, emissions peak by 2025
1 year, 7 months ago

G7 urges major economies: Net zero by 2050, emissions peak by 2025

Live Mint  

The G7 nations have called on major economies, such as India and China, to make a commitment to achieve net zero emissions by 2050 and reach the peak of their emissions by 2025, as reported by PTI. "We call on all Parties – especially major economies – whose 2030 NDC targets or long-term low GHG emission development Strategies are not …

What’s Needed to Reach Net-Zero This Century, According to the IEA
1 year, 8 months ago

What’s Needed to Reach Net-Zero This Century, According to the IEA

Bloomberg  

Clean energy has become so inexpensive, and climate policy aspirations so common, that together they can potentially lower projected global warming to 1.7C above pre-industrial levels in 2100, according to the International Energy Agency. Despite a temporary drop at the height of the pandemic in 2020, global energy-related carbon dioxide emissions rose to a record high of 36.8 billion metric …

Inside climate activists’ uneasy relationship with ‘net-zero’
1 year, 8 months ago

Inside climate activists’ uneasy relationship with ‘net-zero’

Salon  

In the premier episode of Apple TV's climate show, Extrapolations, it's 2037 and Earth is in turmoil. Although the concept of global net-zero is rooted in climate science, today's carbon neutrality pledges from individual governments and corporations have been criticized in some quarters as a "con," because they allow polluters to continue emitting greenhouse gases. "Global net-zero is nonnegotiable if …

If you think net zero is expensive, wait until you see the cost of the climate crisis
1 year, 8 months ago

If you think net zero is expensive, wait until you see the cost of the climate crisis

The Independent  

Going green will “destroy our economy” – at least, according to some commentary in recent days. However, Britain’s largest asset manager – which is well-informed on the economic impacts of rising sea levels, droughts, bad harvests, floods and other extreme weather events – makes clear in a report that cost will be reduced if we act to address the cause …

Net Zero by 2070: In Big Push for Green Growth, India Sets Aside Rs 35,000 Cr for Energy Transition in Budget
1 year, 10 months ago

Net Zero by 2070: In Big Push for Green Growth, India Sets Aside Rs 35,000 Cr for Energy Transition in Budget

News 18  

As the race to Net Zero gathers pace, India on Wednesday announced that it has set aside priority capital investment of Rs 35,000 crore towards energy transition as well as energy security. Reiterating the government’s commitment to climate action, Finance Minister Nirmala Sitharaman listed ‘Green Growth’ as one of the seven big priorities along with infrastructure and investment, financial sector, …

Achievements in renewables strengthened resolve for Net Zero by 2070: President
1 year, 10 months ago

Achievements in renewables strengthened resolve for Net Zero by 2070: President

Deccan Chronicle  

NEW DELHI: President Droupadi Murmu on Tuesday said India has achieved the target of making 40 per cent of its electricity generation capacity from non-fossil fuel sources, a success that has strengthened the resolve to achieve Net Zero by 2070. In her maiden address to the joint sitting of Parliament marking the beginning of the Budget Session, Murmu said India …

No silver bullet to India’s net zero puzzle: Think tank
2 years, 1 month ago

No silver bullet to India’s net zero puzzle: Think tank

Live Mint  

India at COP27 is now a part of the elite set of countries having expressed its ambitions to curb greenhouse gas emissions at last year’s summit in Glasgow. The five-point climate action plan dubbed as “panchamrit” meaning five values is believed to boost India’s switch to renewable energy, electrification and hydrogen fuels. A latest report from the Bengaluru-based think tank …

U.N. chief slams companies engaging in ‘toxic cover-up’
2 years, 1 month ago

U.N. chief slams companies engaging in ‘toxic cover-up’

The Hindu  

The U.N.'s chief called on Tuesday for an end to a "toxic cover-up" by companies as a sweeping report said they cannot claim to be net zero if they invest in new fossil fuels, cause deforestation or offset emissions instead of reducing them. Antonio Guterres said businesses as well as cities and regions should update their voluntary net zero pledges …

UK well off track to meet 2030s carbon-cutting goals, official figures project
2 years, 1 month ago

UK well off track to meet 2030s carbon-cutting goals, official figures project

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. In the light of the new data, senior climate lawyer for environmental law charity Sam Hunter Jones said: “These …

Net zero rules watered down in scramble to boost North Sea drilling
2 years, 3 months ago

Net zero rules watered down in scramble to boost North Sea drilling

The Telegraph  

Jacob Rees-Mogg has significantly watered down net zero restrictions on North Sea oil and gas projects as ministers push for a drilling spree to boost Britain’s energy security. These would measure the oil and gas industry’s efforts to reduce the emissions created by extraction itself, the UK’s status as a net importer or exporter of energy, progress in moving to …

Achieving net zero emissions target can boost India’s GDP, says report
2 years, 3 months ago

Achieving net zero emissions target can boost India’s GDP, says report

The Hindu  

Achieving net zero carbon emissions by 2070, a target that Prime Minister Narendra Modi committed to in Glasgow in 2021, could boost India’s economy by as much as 4.7% above the projected baseline growth in GDP terms by 2036, worth a total of $371 billion, a report said on Friday. By reaching net zero by 2050, India could boost annual …

Net zero can boost India’s GDP, says report
2 years, 3 months ago

Net zero can boost India’s GDP, says report

The Hindu  

Achieving net zero carbon emissions by 2070, a target that Prime Minister Narendra Modi committed to in Glasgow in 2021, could boost India’s economy by as much as 4.7% above the projected baseline growth in GDP terms by 2036 — worth a total of $371 billion — and create as many as 15 million new jobs by 2047, said a …

Why the government’s Jet Zero strategy for ‘guilt-free flights’ is an absolute farce
2 years, 5 months ago

Why the government’s Jet Zero strategy for ‘guilt-free flights’ is an absolute farce

The Independent  

Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Get Simon Calder’s Travel email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy There’s an exquisite kind of irony in the government releasing its “Jet Zero” strategy, outlining how …

The government risks failing to deliver net zero
2 years, 5 months ago

The government risks failing to deliver net zero

The Independent  

It does not look good. “Across the board there are serious gaps,” Climate Change Chairman, Lord Deben, said in a briefing on the government’s progress toward net zero on Wednesday. “Under the present proposals we don’t believe that you can reach the statutory, the legal, targets which we need to reach.” The committee, which was set up under the 2008 …

UK 'net zero' plan to remove CO2 from atmosphere relies on burning 120 million trees, report claims
2 years, 6 months ago

UK 'net zero' plan to remove CO2 from atmosphere relies on burning 120 million trees, report claims

Daily Mail  

The UK government's plan to reach 'net zero' by 2050 by removing carbon from the atmosphere relies on burning the equivalent of almost 120 million trees a year, a new report claims. The government's Net Zero Strategy aims to achieve net-zero carbon emissions by 2050 and relies heavily on bioenergy with carbon capture and storage. Following the launch of the …

Developing countries need much longer, beyond 2050 to reach Net-Zero: Joint statement by India, China, other nations
2 years, 6 months ago

Developing countries need much longer, beyond 2050 to reach Net-Zero: Joint statement by India, China, other nations

Firstpost  

The UN has outlined that in order to keep global warming to no more than 1.5 C, as declared in the Paris Agreement, greenhouse gas emissions need to be reduced by 45 per cent by 2030 and reach net zero by 2050. United Nations: India, in a strong cross-regional joint statement on behalf of 10 nations, including China, on Tuesday …

Developing countries need much longer beyond 2050 to reach Net-Zero: Joint statement by India, China and other nations
2 years, 6 months ago

Developing countries need much longer beyond 2050 to reach Net-Zero: Joint statement by India, China and other nations

The Hindu  

India, in a strong cross-regional joint statement on behalf of 10 nations, including China, on Tuesday asserted that developing countries need to be given an additional time frame beyond 2050 to reach net-zero emissions due to their goals of poverty eradication and development and for this developed nations should do a net-negative by middle of the century and vacate the …

India could gain $11 trillion by 2070 by transitioning to green economy: Report
2 years, 6 months ago

India could gain $11 trillion by 2070 by transitioning to green economy: Report

Live Mint  

BENGALURU: India could gain approximately $11 trillion by 2070, by leading decarbonisation efforts and transitioning to a green economy, according to a report titled ‘Trail to Net Zero for India’, commissioned by Salesforce in collaboration with YouGov and Access Partnership. About 83% of respondents from India support a more ambitious target of becoming net zero by 2050, while 40% of …

Rethink net zero plans, Cabinet urges, as country faces biggest cost-of-living crisis in a generation
2 years, 10 months ago

Rethink net zero plans, Cabinet urges, as country faces biggest cost-of-living crisis in a generation

The Telegraph  

The Bank of England also raised interest rates to 0.5 per cent, warning that inflation would hit seven per cent by April amid growing fears over a cost of living crisis. Cabinet ministers are increasingly uneasy about Downing Street’s focus on its net zero target and have warned that the cost of living crisis should be given more priority in …

Counting the huge cost of net zero - and who's going to pay it
2 years, 11 months ago

Counting the huge cost of net zero - and who's going to pay it

The Telegraph  

When it comes to cutting emissions, it will cost an awful lot to make a little. The global effort to hit net zero by 2050 will cost $275 trillion in spending on physical assets, ranging from wind farms to electric cars and better-built houses, according to global consultancy McKinsey. That is equivalent to around a century’s worth of global military …

India to reach net zero emissions by 2070; industry should take note on sustainability: Bhupender Yadav
3 years ago

India to reach net zero emissions by 2070; industry should take note on sustainability: Bhupender Yadav

The Hindu  

Union Environment Minister Bhupender Yadav on November 25 asserted that India will reach net zero emissions by 2070 and asked the industry to take serious note on sustainability. "As a nation, we would reach net zero emissions removing as much as carbon dioxide from the atmosphere as we produce by 2070. Prime Minister Narendra Modi at COP-26 announced that India …

Efforts to cut car, plane and ship emissions get small boost
3 years, 1 month ago

Efforts to cut car, plane and ship emissions get small boost

Associated Press  

GLASGOW, Scotland — Several countries and companies announced plans Wednesday to stop selling cars that run on gasoline or diesel over the next two decades, as part of efforts to clamp down on a significant source of planet-warming emissions. “This welcome move signals that a growing number of countries, auto makers and transportation providers are joining the global push for …

How Indian Businesses Can Capitalise on Net Zero Carbon Emissions Target
3 years, 1 month ago

How Indian Businesses Can Capitalise on Net Zero Carbon Emissions Target

News 18  

India’s announcement of a net-zero target is a signal of climate action—a much-awaited move by many developed nations to justify their own commitments with a perceived level playing field. Apart from these, 64 Indian companies have pledged to reduce greenhouse gas emissions, according to the Science-Based Target Initiative—a global alliance that enables businesses to establish their own climate pledges. Net …

It’s Time to Delete Carbon From the Atmosphere. But How?
3 years, 1 month ago

It’s Time to Delete Carbon From the Atmosphere. But How?

Wired  

This week and next, government representatives are gathering in Glasgow for the United Nations Climate Change Conference, or COP26, the latest of an increasingly frantic string of meetings as humanity runs out of time to drastically reduce our greenhouse gas emissions. But nations don’t agree on how we’ll get there: Staving off the worst of climate change will require cutting …

Meeting climate commitments will be a challenge, say experts
3 years, 1 month ago

Meeting climate commitments will be a challenge, say experts

The Hindu  

India’s headline announcement at COP26, to become carbon neutral by 2070, suggests that it has committed itself to decisive action to curb runaway greenhouse gas emissions from mid-century. India's five-fold plan, as Prime Minister Narendra Modi spelt out on Monday say India’s non-fossil energy capacity will reach 500 GW by 2030; it will meet 50% of its energy requirements with …

India to hit net-zero climate target by 2070: Modi
3 years, 1 month ago

India to hit net-zero climate target by 2070: Modi

Live Mint  

India’s economy will become carbon neutral by the year 2070, Prime Minister Narendra Modi announced on Monday at the COP26 climate summit in Glasgow. He said India would increase its 2030 target for “non-fossil energy capacity” from 450 to 500 gigawatts. Modi said that Indian Railways has set itself a target of being ‘net-zero’ by 2030, which “alone will reduce …

Experts hail India's announcement to achieve net zero carbon emission by 2070
3 years, 1 month ago

Experts hail India's announcement to achieve net zero carbon emission by 2070

The Hindu  

Environment experts Monday hailed as "real climate action" India's pledge to achieve net zero carbon emissions by 2070, saying that by making this big promises at COP 26 at Glasgow, India has put the ball in the court of developed nations to fulfil the promise of climate finance. Aarti Khosla, Director, Climate Trends, said, “By announcing a commitment for achieving …

India pledges new climate crisis goal: Net zero by 2070
3 years, 1 month ago

India pledges new climate crisis goal: Net zero by 2070

Hindustan Times  

India will reach carbon neutrality by 2070, Prime Minister Narendra Modi announced as part of a five-point action plan that included reducing emissions to 50% by 2030, making the boldest pledge on Monday at the COP26 climate summit in Glasgow, where he also urged developed countries to deliver on their promise of climate financing. “It is India’s expectation that the …

Net zero: Just patching over emissions or path to save planet?
3 years, 1 month ago

Net zero: Just patching over emissions or path to save planet?

Al Jazeera  

Over 190 nations committed to limiting global warming in an effort to stave off the worst effects of climate change. Scientists say bringing global carbon dioxide emissions to “net zero” by 2050 is the way to meet the central goal of the Paris Agreement, although it was left to individual states to work out how to achieve what they signed …

Climate crisis: The world has a long, hard climb to ‘net zero’
3 years, 1 month ago

Climate crisis: The world has a long, hard climb to ‘net zero’

Al Jazeera  

The findings in three major documents will guide the decisions of world leaders at COP26 in Glasgow in tackling runaway climate change. If the world emulates the European Union’s commitment to halving emissions by 2030 and eliminating them altogether by 2050, possibly extracting some CO2 from the atmosphere thereafter, global average temperatures by 2100 will be roughly 1.4C higher than …

India rejects net zero carbon emissions target, says pathway more important
3 years, 1 month ago

India rejects net zero carbon emissions target, says pathway more important

The Hindu  

India on Wednesday rejected calls to announce a net zero carbon emissions target and said that it was more important for the world to lay out a pathway to reduce such emissions and avert a dangerous rise in global temperatures. India, the world’s third-biggest emitter of greenhouse gases after China and the United States, is under pressure to announce plans …

Soils can't hold enough carbon to offset Australian emissions, experts say
3 years, 1 month ago

Soils can't hold enough carbon to offset Australian emissions, experts say

ABC  

Australia's plan for net zero includes "dangerous" soil carbon assumptions and could be too expensive without a market mechanism, according to agricultural emissions experts. Key points: Experts say it is not possible to meet the net zero target, without a "massive" offset program which cannot rely on bio-sequestration Instead methods to extract CO2 from the air will be needed to …

What makes a good net zero carbon emissions pledge?
3 years, 1 month ago

What makes a good net zero carbon emissions pledge?

BBC  

What makes a good net zero carbon emissions pledge? "CO2 definitely needs to be tackled with a net zero target because those emissions need to go to zero, to avoid global warming continuously increasing," says Rogelj. "We really need to be paying attention to all of our emissions and doing everything that we can," says Kate Cullen, an associate at …

Net zero goals aren't the solution to climate change, says India ahead of COP-26
3 years, 1 month ago

Net zero goals aren't the solution to climate change, says India ahead of COP-26

India Today  

The solution to climate change is not setting net zero carbon emissions targets as dozens of nations have done, India’s environment minister said. Instead, rich countries need to acknowledge their “historic responsibility” for emissions and protect the interests of developing nations and those vulnerable to climate change, said the minister, Bhupender Yadav. India — the third largest emitter of greenhouse …

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