Thursday, December 19

Tag: Green Energy

BHEL making India self-reliant in energy, infra: Heavy industries minister
2Jan By adminNo Comments
Business

BHEL making India self-reliant in energy, infra: Heavy industries minister

The minister noted that the building, equipped with a 30-kW solar power system, reflects BHEL's commitment to move further towards green energy State-owned engineering firm BHEL is not only making India self-reliant in energy and infrastructure sectors but also contributing significantly to defence and space segments, said Union Heavy Industries Minister Mahendra Nath Pandey. The minister inaugurated the newly-constructed BHEL Sadan in Noida on the occasion of BHEL Day on Monday, the company said in a statement. Addressing on the occasion he cited the clarion call of Prime Minister Narendra Modi for achieving the target of 'net zero' carbon emissions by 2070 and said that this 18-storey, eco-friendly green building constructed as per the latest technology and standards is a...
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Aiming ‘net zero carbon emissions by 2029’ for Mumbai Airport: Gautam Adani
9Dec By adminNo Comments
Business

Aiming ‘net zero carbon emissions by 2029’ for Mumbai Airport: Gautam Adani

NEW DELHI: India's second busiest airport -- Mumbai's CSMIA -- plans to reach "net zero carbon emissions" before the end of this decade. Adani Group chairman Gautam Adani on Saturday said on social media: "We proudly operate (CSMIA) on 100% green energy, making us an entirely sustainable airport. Moreover, we are third in Asia Pacific to reach Level 4+ 'Transition' of ACA Program of ACI, aligning our CO2 management with global climate objectives.Our next goal? Net ZeroCarbon Emissions by 2029!"Mumbai has among the busiest single runway airport as only of its set of cross runways can be used at a time. The billionaire businessman added on X (former Twitter): "Adani's Mumbai Airport is redefining excellence in aviation! It's now the best in Asia Pacific for Services according to ASQ, in the...
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Germany Gets Honest About What Net Zero Will Cost
3Dec By adminNo Comments
Health

Germany Gets Honest About What Net Zero Will Cost

If you had “net zero causing Germany’s government to collapse” on your 2023 bingo card, congratulations—you may end up a winner. Chancellor Olaf Scholz’s administration is falling apart because it turns out someone will have to pay for decarbonizing the eurozone’s largest economy.This shocking and horrifying revelation is brought to you by Germany’s highest constitutional court, which ruled in mid-November that Berlin’s favorite budget gimmick violates the balanced-budget amendment. The amendment, known as the debt brake, limits the federal general-budget deficit to 0.35% of gross domestic product in any year unless Parliament declares an emergency.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Brace for the Wind and Electric-Vehicle Bailouts
29Oct By adminNo Comments
World

Brace for the Wind and Electric-Vehicle Bailouts

Oct. 29, 2023 12:21 pm ETFord assured investors last week that its generous deal with the United Auto Workers wouldn’t threaten its profitability. Maybe. The same can’t be said of its electric vehicles, which lost $3.1 billion during the first nine months of this year. Those losses will doubtless grow, and anyone who thinks Washington won’t give auto makers another bailout should think again. Last week Munich-based Siemens Energy, one of the world’s top wind manufacturers, said the German government is prepared to extend as much as €16 billion (or $16.9 billion) in state guarantees to rescue it.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Chevron Bets on Peak Green Energy
24Oct By adminNo Comments
Business

Chevron Bets on Peak Green Energy

The climate lobby’s pronouncements that the end of fossil fuels is nigh appear as premature as warnings two decades ago that supply would soon run out. Chevron on Monday announced a $53 billion bid for Hess Corp. because it knows the world will need oil and gas for the foreseeable future no matter how much politicians subsidize green energy.Chevron’s Hess acquisition comes on the heels of Exxon Mobil’s $60 billion tie-up with Pioneer National Resources this month. Higher interest rates are prompting consolidation across the U.S. economy, as smaller, less-capitalized companies struggle to borrow. Oil and gas giants are flush with cash owing to the run-up in prices over the past two years.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 ...
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Ola to offer e-bikes, cheap e-scooters to phase out petrol two-wheelers
15Aug By adminNo Comments
Business

Ola to offer e-bikes, cheap e-scooters to phase out petrol two-wheelers

By Ragini Saxena Ola Electric Mobility Pvt. is expanding its electric two-wheeler lineup – with its first motorbike and cheapest scooter yet – as it seeks to lure buyers away from gasoline-fueled transportation. The Bengaluru-based startup unveiled four premium electric motorbikes, with sales and deliveries starting in December, at an event at its Ola Future Factory in the southern state of Tamil Nadu. The company is launching its cheapest battery scooter, the S1 X priced at 89,999 rupees ($1,085), to take on affordable gasoline two-wheelers. It will be available starting in December.  “After this, we believe there will be no need for anybody to buy internal combustion engine scooters in the country,” said Bhavish Aggarwal, the company’s founder. “Our goal is th...
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Nearly 40% Of U.S. Energy Workers Are Now In Green Jobs
3Jul By adminNo Comments
Business

Nearly 40% Of U.S. Energy Workers Are Now In Green Jobs

More than 3.1 million American workers, nearly 40% of the total workforce employed in the energy industry, spent more than half their time in jobs that aligned with the United States’ climate goals last year ― with gigs in solar, wind and electric vehicles making up about half the new hires. While coal-fired power plants shed close to 6,800 workers between 2021 and 2022, the U.S. energy industry added just under 300,000 new jobs last year, with about 114,000 earning paychecks manufacturing, selling or installing technologies designed to reduce the U.S. output of planet-heating gasses, according to Department of Energy’s latest job census, published Wednesday.Fossil fuels added 107,029 mining and drilling jobs as the U.S. sought to supply more of its allies and its own people with enough n...
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