Recent study published in the journal Nature Climate Change showed a link between the lower global carbon emission growth with India’s slowing economy. The growth in carbon dioxide emission has reduced in 2019 compared to 2018 according to the study and is linked to lower coal usage by India and China. China accounts for 50% ..
Carbon finance: GK, Current Affairs, Questions, Trivia and News
Since land acts as both the source as well as a sink of carbon, Land use, and changes in land use forms an integral part of the conversation on climate change. On one hand activities like agriculture and cattle rearing are a major source of methane and nitrous oxide. Both the gases are hundreds of ..
The Union Cabinet has recently approved Submission of India’s 2nd Biennial Update Report (BUR) to the UNFCCC (United Nations Framework Convention on Climate Change), which contains 2014 updates of national greenhouse gas (GHG) inventories. As per an official statement, in 2014, approx 2.607 billion tonnes of of CC-2 equivalent) of GHGs were emitted from all ..
The 26th BASIC Ministerial Meeting of Environment Ministers was held in Durban, South Africa. India was represented by Union Environment Minister Dr. Harsh Vardhan. In it, Dr Vardhan reiterated his appeal to make joint efforts to create a societal movement in combating climate change through “Green Good Deeds”. He told his counterparts from BASIC countries ..
In 2015, the World Bank had launched a $500 million Transformative Carbon Asset Facility (TCAF) to help developing countries pay for emission reductions and combat climate change. The Transformative Carbon Asset Facility (TCAF) will establish the world’s first programmatic carbon market. The scheme will reward countries for reducing emissions by paying a fee for each ..
The tax that is levied on the carbon content of fuels is called Carbon Tax. So, in Carbon Tax, the burning of fossil fuels viz. coal, petroleum products such as gasoline and aviation fuel, and natural gas is taxed in proportion to their carbon content. The result is an increase in the competitiveness of non-carbon ..
The Singapore government will impose a ‘carbon tax’ from 2019 to cut its greenhouse gas emissions and make companies more competitive as global agreements on climate change take effect. According to government, the tax would be levied on all facilities producing 25,000 tonnes or more of greenhouse gas emissions a year. The tax, to be ..
Wars of nations are fought to change maps. But wars of poverty are fought to map change. -mohammed ali Poverty is a manifestation of inequality and in turn this inequality is manifested in several other human activities be it our lifestyle, our consumption, our culture etc.. poverty is something that not only effects an individual ..