Energy

The cyclone, which struck in May 2024, caused extensive damage, including the prolonged shutdown of the Summit LNG terminal, one of Bangladesh’s two floating, storage, and regasification units (FSRUs).

CIL's initiatives illustrate a comprehensive approach to ESG standards, integrating environmental, social, and governance objectives, the coal and mines minister said.

A small tax on just seven of the world’s biggest oil and gas companies could grow the UN Fund for Responding to Loss and Damage by more than 2000 per cent, as shown in an analysis by environmental organisations Greenpeace International and Stamp Out Poverty.

Produced using renewable energy sources like solar, wind, hydro and biomass, Green Hydrogen offers a clean and sustainable alternative to fossil fuels.

Kirti Vardhan Singh urged all nations to work with determination toward meaningful outcomes at CoP29, describing the conference as pivotal for shaping future climate action.

Round-the-clock negotiations in Baku on the always thorny topic of money are reportedly moving slowly. Delegates from developing nations are calling for more and faster progress on new funding for loss and damage and accelerated clean energy goals.

Climate talks at COP29 in Baku on Wednesday turned to the pressing issue of how to manage the demand for minerals essential to producing electric vehicles and solar panels without triggering a “stampede of greed” that exploits local communities and crushes the poor. 

Instead of investing $36 billion in LNG plants, the money could be used to develop 62 GW of renewable energy, more than double the country’s current total electricity generation capacity.