US Special Envoy on Climate Change John Kerry emphasizes the importance of rapid electrification in India’s transport sector in reducing greenhouse gas emissions, pollution, and enhancing security. Kerry highlights the potential benefits of embracing a circular economy and expanding access to low-carbon public transport. The commitment to electrify 50,000 buses and the collaboration between government and industry are also emphasized. Challenges faced by the transition to electric buses are acknowledged, along with the potential incentives for manufacturers and operators.
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Hindustan Unilever (HUL), India’s largest consumer goods firm, is embarking on a global first by experimenting with innovative technology to produce essential raw materials for detergents. The company aims to drastically reduce greenhouse gas emissions by utilizing Green Ammonia and collaborating with suppliers and vendors. HUL’s recent Clean Future Summit highlighted its commitment to sustainability and introduced its new technology for manufacturing soda ash and silicate. HUL plans to scale up low GHG soda ash production and create near-zero soda ash and green silicate using carbon capture technology and biomass utilization.
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A study published in Science’s Policy Forum reveals that researchers have overcome a barrier in the Endangered Species Act, allowing them to consider climate change when evaluating the impact of projects. The study quantifies the impact of human-caused greenhouse gas emissions from specific sources on polar bear cub survival. The findings emphasize the need for stricter regulations to curb global warming and save the species from extinction.
G20 economies must invest $35 trillion this decade to achieve net zero greenhouse gas emissions by 2050, according to McKinsey. CO2 emissions need to decrease by almost 50% by 2030. Business-led innovations and public-private collaboration are key to meeting sustainability goals. New incentives, policy changes, and technology advancements can help bridge the investment gap. High growth opportunities in sectors like healthcare and renewables can fuel economic growth.
