CARBON EMISSIONS
World's largest fusion project reaches major milestone with India's help
Scientists have completed the main magnet system for the ITER nuclear fusion project, with India playing a crucial role in building essential infrastructure. This international collaboration aims to demonstrate fusion as a safe, carbon-free energy source. The project, involving over 30 countries, seeks to prove fusion energy production at an industrial scale, potentially offering a limitless and clean energy future.
Canada elections: A look at Mark Carney's promises amid anti-Trump wave and trade tensions with US
Mark Carney's Liberals retained power in Canada, fueled by anti-Trump sentiment, but fell short of a majority. Carney pledged to counter Trump's trade war, aiming to build the strongest G7 economy. He promised support for industries, retirees, and Quebec's identity, while criticizing Trudeau's carbon tax and advocating for capped immigration.
How Mark Carney led Liberal Party towards potential victory despite Justin Trudeau's waning popularity before polls
Mark Carney's Liberal Party secured victory in Canada's federal election. This win marks a turnaround fueled by Donald Trump's actions. The Liberals are projected to win more seats than the Conservatives. Justin Trudeau's resignation and Carney's leadership were crucial. Trump's policies and tariffs became central issues. Canada faces challenges like US tariffs and cost-of-living crisis.
In Canada elections, Mark Carney is the political newcomer and hopes to stay PM: 10 points
Canada elections: Liberal party leader Mark Carney is pitted against Pierre Poilievre's Conservatives and opinion polls show Carney’s Liberals have a narrow lead ahead of voting. Mark Carney has had a distinguished career. He is riding on an anti-Trump wave in Canada. Carney entered the race after securing 85.9% for Liberal Party’s leadership after former Prime Minister Justin Trudeau’s resignation.
Meet Jagmeet Singh, Canada’s first ethnic minority politician and New Democratic Party leader
Jagmeet Singh, the first ethnic minority leader of a major Canadian party, faces challenges as the NDP leader heads into the 2025 election. Despite past achievements like securing dental care commitments, recent polls show low support for his left-wing party. Singh, a former human rights activist, pledges to address student debt and climate change.
Back to the future: How an electric safari is changing the wild ride
Sahil Baig's electric Gypsy in Tadoba highlights retrofitting's potential in India's electrification. Globally, the retrofitting market is booming, driven by falling battery costs. Indian startups face certification hurdles, but government support and specific use cases offer promise. Electric retrofitting emerges as a cleaner, smarter solution for pollution, from wildlife reserves to city streets.
India considers allowing 49% foreign stakes in nuclear power plants
India is considering allowing foreign companies to hold up to a 49% stake in its nuclear power plants, according to government sources. This move aims to boost nuclear capacity and reduce reliance on coal as part of the country’s carbon reduction goals.
$50 million prize funded by Musk foundation goes to Indian carbon-capture company
Mati Carbon, an Indian company, has won a $50 million XPRIZE for its innovative method of spreading crushed rock on fields to capture atmospheric carbon dioxide. This approach, known as enhanced rock weathering, accelerates natural processes while also benefiting farmers.
Katy Perry receives massive blow after facing backlash for her Blue Origin Space mission
Katy Perry received a massive blow as the singer delivered a heartbreaking news days after her Blue Origin space flight. Katy Perry returned to Earth last week after reaching space aboard Amazon founder Jeff Bezos's Blue Origin New Shepard rocket but she has faced massive backlash on social media for her space mission.
Sam Altman to step down as Oklo chairman
OpenAI CEO Sam Altman will step down as chairman of nuclear technology startup Oklo, enabling potential partnerships between Oklo and leading AI firms, including OpenAI. Following the announcement, Oklo shares fell over 11%. CEO Jacob DeWitte will assume the chairman role as Oklo pursues its first modular reactor by 2027
Commodity Radar: Aluminium remains brittle amid Trump’s tariff heat. Here’s how to trade this base metal
India has raised concerns with the US over renewed tariffs on steel and aluminium, aiming for a bilateral resolution next week, as aluminium prices consolidate amid global trade concerns and supply shifts.
AI economic gains likely to outweigh emissions cost, says IMF
The IMF projects AI will boost global GDP by 0.5% annually from 2025 to 2030, outweighing its carbon costs. However, benefits won’t be evenly shared. Rising energy demands from AI could triple electricity use, but sustainable policies and targeted action are needed to ensure equitable, environmentally conscious AI deployment.
Too hot to handle: Are India’s AMCs missing the climate cue?
Indian mutual funds face a significant climate preparedness gap, with most AMCs scoring poorly on risk cognizance and emission disclosure. They largely ignore Scope 3 emissions and invest in high-emitting sectors, despite offering sustainability-themed funds. Stronger regulations, proactive industry initiatives, and increased investment in sustainable assets are crucial to protect investors and support India's net-zero goals.
Amaravati to be world's first fully renewable-powered city
Amaravati, Andhra Pradesh's planned capital, aims to be the world's first city powered entirely by renewable energy, targeting 2,700 MW of green energy. This Rs 65,000-crore project integrates solar, wind, and hydropower, setting a global benchmark for urban sustainability.
Healthcare startup Risa Labs raises $3.5 million from Binny Bansal, others
The seed funding round also saw participation from Oncology Ventures, General Catalyst, z21 Ventures, Odd Bird VC, and angel investor Ashish Gupta. The startup plans to use the capital to deploy its AI-based automation platform across 100 cancer centers in the US over the next two years.
AI generates loads of carbon emissions. It’s starting to cut them, too
While AI's energy consumption raises climate concerns, it also offers solutions. AI optimizes transportation, reducing fuel use in vehicles, ships, and trains. It enhances threat detection by monitoring power lines and identifying wildfires early.
India may set up nuclear watchdog as private sector set to enter atomic energy space
India is considering establishing a regulatory authority to oversee the nuclear fuel supply chain and waste management, aiming to prevent misuse as the nation expands its nuclear energy capacity. Amendments to the Atomic Energy Act are underway to facilitate private sector participation while ensuring stringent oversight of fuel import, utilization, and disposal, aligning with global safety standards.
GHCL sets ambitious target to cut scope 1 & 2 emissions by 30% by 2030
GHCL Limited, a leading Indian soda ash producer, has committed to reducing Scope 1 and 2 carbon emissions by 30% by 2030 through renewable energy adoption and low-carbon interventions. The company is also decarbonising logistics, promoting circular resource use, and undertaking ecological restoration projects.
Govt, industry must create significant incentive, logistics structure for SAF: SpiceJet CMD Ajay Singh
SpiceJet CMD Ajay Singh urges government-industry collaboration to boost sustainable aviation fuel (SAF) production, crucial for emission reduction. He proposes locating SAF refineries near airports to cut transportation costs and integrating SAF production into existing oil refineries. Singh emphasizes the need for significant incentives and logistical support to scale up SAF production from 0.
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