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Modi govt slashes excise duties on petrol by Rs 5, and diesel by Rs 10 -R. Suryamurthy

-The Telegraph The cut was announced a day after the declaration of by-election results in 29 Assembly seats and 3 Lok Sabha seats, wherein BJP suffered setback in some states The Narendra Modi government has finally buckled under pressure from consumers, voters and the Opposition and slashed excise duties on petrol by Rs 5 a litre and on diesel by Rs 10 a litre. From Thursday in Calcutta, the price of petrol will...

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NTPC, states procuring biomass pellets to contain stubble burning

-Livemint.com NTPC Ltd plans to procure 2.5 million tonne of biomass pellets as a Fuel to generate electricity at its projects NEW DELHI: As part of the Centre’ plan to contain pollution by crop stubble burning, state-run NTPC Ltd plans to procure 2.5 million tonne (mt) of biomass pellets as a Fuel to generate electricity at its projects. These pellets will be mixed with coal as Fuel to generate electricity. With the onset...

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Urban poor bearing the brunt of high inflation: Crisil

-The Hindu Rising Fuel prices remain a festering pressure point for households The urban poor have been the worst-hit by the high inflation that has prevailed over the past one-and-a-half years, and the persistent uptick in Fuel prices continues to pose a major threat for them, rating agency Crisil said in a note on Friday. While inflation shrinks purchasing power across the board, the impact on different income classes varies with their share...

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Carbon dioxide emissions in 2020 above decadal average

-The Hindu Pandemic disruption didn’t significantly dent overall greenhouse gas emissions A report from the World Meteorological Organisation (WMO) on Monday said the increase in CO2 from 2019 to 2020 was slightly lower than that observed from 2018 to 2019 but higher than the average annual growth rate over the last decade. This is despite the approximately 5.6% drop in fossil Fuel CO2 emissions in 2020 due to restrictions related to the...

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UNEP production gap report: Net-zero targets by countries are empty pledges without plans -Samrat Sengupta

-Down to Earth Governments are planning to produce more than double the production of fossil Fuels than what the world requires to limit global temperature rise to 1.5 degrees Celsius The climate crisis has become clearer than ever, but it has not been able to compel major emitters to improve action on the ground so far. Governments across the world are still planning to produce more than double the fossil Fuels than...

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