fossil fuel Current Affairs - 2020

CO2 Emissions of India falls in 4 decades

According to the study conducted by Centre for Research on Energy and Clean Air (CREA), the Carbon dioxide Emissions in India has declined the least in four decades. Highlights The study says that the carbon dioxide emissions in India has reduced by 15% in March and by 30% in April. The study also says that Read More…

April 26: World Intellectual Property Day

Every year, the World Intellectual Property Day is marked on April 26 to encourage creativity and innovation. The day was established by the World Intellectual Property Organization (WIPO) in 2000. This year, the World Intellectual Property Day is being marked under the theme Theme: Innovate for Green Future Significance The day is marked to celebrate Read More…

IISD: India’s Renewable Subsidies decline by 35%

The Council on Energy, Environment and Water (CCEW) and International Institute of Sustainable Development (IISD) recently released a report called “Mapping India’s Energy Subsidies, 2020”. Highlights The report says that India’s energy subsidies have declined by 35% in 2019 as compared to 2017. On the other hand, the oil and gas subsidies have increase by Read More…

CCPI Index, COP25: India among top 10 countries

On December 10, 2019, at the COP25, the Climate Change Performance Index was presented. The Index measures renewable energy share, emissions and climate policies of 57 countries and the European Union. Highlights: India India ranked 9th in the ranking provided. The ranking was to the “high category”, where the countries have ambitious 2030 targets. The Read More…

European Investment Bank to stop Fossil Fuel Funding by 2021

The European Investment Bank is to stop funding oil and coal projects at the end of 2021. Since 2013, the European Union through the bank has funded 13.4 billion Euros for fossil fuel projects. In 2018, it was around 2 billion Euros. The Union has been reducing its funding to fossil fuel projects and is Read More…