Fossil fuels

Tax – Paid Green Bond Issuance

The Government of India issues green bonds to develop the clean energy sector in the country. The bonds act as security for a loan. Usually, the bonds are tax-free. Taxes are exempted to increase the number of green projects in ..

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“Who is Financing Fossil Fuel Expansion in Africa?” Report

The report titled “Who is Financing Fossil Fuel Expansion in Africa?” was released at the COP27. Some of the organizations that wrote the report include Urgewald, Oilwatch Africa, and Africa Coal Network. A total of 37 African non-profi0074s wrote this ..

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G20 Countries Spent Nearly 700 Billion USD to Support Fossil Fuels in 2021

On November 1, 2022, the Climate Policy Factbook was released by BloombergNEF and Bloomberg Philanthropies. What are the key findings of the factbook? The G20 countries continued to provide substantial financial aid for fossil fuel production and consumption in 2021. ..

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Climate Transparency Report 2022

The eighth edition of the Climate Transparency report was released recently. Key findings The report, which assessed the climate actions by G20 countries found that the members’ support to produce fossil fuels have reached new heights at 64 billion USD ..

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Jorhat Green Hydrogen Pilot Plant

Oil India Limited (OIL) has commissioned India’s first commercial-grade green hydrogen production plant at Jorhat, Assam. Overview: To produce hydrogen, this plant will be using renewable energy from Oil India’s 500kW solar plant pump station. The produced hydrogen will be ..

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China-Russia to begin the biggest Nuclear Power Project

On May 19, 2021, China and Russia began the biggest Nuclear Power Project. The Russian President Vladimir Putin and the Chinese President Xi Jing Ping attended the ceremony that began the construction of the project on May 19, 2021. Background ..

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