Climate, Energy & ESG
Recent stories on climate, energy and sustainability.
- Indian Express reports: India approves Rs 17,500 crore for energy storage projectsThe Indian government has approved Rs 17,500 crore to support grid-scale energy storage. The funding is designated for viability gap support to incentivize the construction of…
- India approves ₹2,814 crore subsidy for lithium and nickel processing plantsThe Union Cabinet has approved a capital support scheme allocating ₹2,814 crore to incentivize domestic processing of critical minerals. The program offers a 30 per cent capital…
- India targets 500 GW of new non-fossil fuel capacity within 11 yearsPrime Minister Narendra Modi announced that India aims to add 500 gigawatts of non-fossil fuel capacity over the next 10 to 11 years, according to The Indian Express. The…
- Global nature summit reaches biodiversity agreement amid ongoing financing challengesParticipating nations have reached a global agreement intended to halt the decline of nature. However, according to BBC reports, significant uncertainty remains regarding the…
- Trump announces plan to terminate Biden-era methane emissions rules for oil and gasAt a rally in Lubbock, Texas, Donald Trump announced he is terminating Biden-era regulations that hold oil and gas companies accountable for methane leaks. Trump stated the…
- The Guardian reports: Brent crude tops $117 on Middle East escalation fearsBrent crude rose 3.5% on Friday to exceed $117 per barrel, reaching its highest level since April. The Guardian reports the move follows Iranian threats against Gulf energy…
- Guardian: VW, Ford, and Tesla batteries linked to Indonesian rainforest deforestationAn analysis of corporate disclosures and trade flows indicates that batteries used by Volkswagen, Ford, and Tesla may contain nickel sourced from indigenous woodlands in…
- India targets 100 GW of nuclear capacity by 2047, ET Government reportsIndia has set a target to expand its nuclear power capacity to 100 gigawatts (GW) by 2047. The nation currently operates 8.78 GW across 24 reactors and is pursuing an interim…
- BBC reports Trump announces deal allowing Russian diesel salesPresident Donald Trump has announced a deal permitting the sale of Russian diesel petroleum products. Ukrainian President Volodymyr Zelensky criticized the agreement,…
- Equinor warns UK risks 'uninvestable' status without oil and gas field approvalsEnergy major Equinor has signaled that the UK may become uninvestable if the company does not receive regulatory approval for its proposed Rosebank and Jackdaw oil and gas…
- Recap from 4 October: Fires break out at Saudi Aramco refinery in Riyadh following Houthi strikeFires broke out at a Saudi Aramco oil refinery south of Riyadh after Yemen's Houthi forces launched missile and drone strikes. Witnesses reported smoke near the facility…
- BBC reports G7 agreed to release 100 million barrels of oil and dieselThe G7 agreed to a coordinated release of 100 million barrels of oil and diesel reserves, according to the BBC. The measure aims to head off fuel price spikes and avoid a…
- Houthis claim missile and drone attack on Saudi Aramco refinery near RiyadhYemen's Houthi forces claimed long-range missile and drone strikes targeting a major Saudi Aramco oil refinery south of Riyadh. Witnesses and news reports indicated fires and…
- G7 to release 100 million barrels of oil, diesel after Trump threat, BBC reportsThe G7 plans to release a coordinated 100 million barrels of oil and diesel, according to BBC. The move is aimed at curbing further fuel price spikes and heading off a proposed…
- Canadian Prime Minister Mark Carney fast-tracks Pacific Link oil pipeline as project of national interestCanadian Prime Minister Mark Carney designated the proposed Pacific Link oil pipeline a project of national interest. The fast-track designation aims to expedite development of…
- Union Cabinet approves ₹1.86 lakh crore green energy grid schemeIndia's Union Cabinet approved a ₹1.86 lakh crore scheme to develop green energy transmission corridors. The initiative involves upgrading existing grid networks to carry…
- The Hindu reports: Bihar approves draft green hydrogen policy targeting 10 lakh tonnes annual outputThe Bihar cabinet has approved the draft Bihar Green Hydrogen Policy 2026, establishing a regional framework for clean energy development. Under the draft initiative, the state…
- UK diesel prices reach all-time high amid oil supply disruption, RAC saysUK diesel prices have reached an all-time high following global oil supply disruptions, according to the RAC. The motoring organization attributes the record fuel costs directly…
- EU carbon border regime already applies as India weighs retaining carbon revenuesThe EU's Carbon Border Adjustment Mechanism entered its definitive regime on January 1, 2026, following the 2023–2025 transitional phase. It is already in effect as of this…
- India to set up first port-based e-methanol plant at Kandla for ₹2,300 croreIndia is establishing its first port-based e-methanol facility at Kandla through a ₹2,300 crore investment. The plant aims to produce cleaner fuel for international shipping…
- European Commission reports EU average diesel prices hit record 2.23 euros per literAccording to the European Commission, average diesel fuel prices across 19 EU member states reached an all-time high of 2.23 euros per liter. The spike follows widespread energy…
- India wastes renewable energy gains as transmission infrastructure lags, BBC reportsIndia has rapidly decarbonised electricity generation by expanding green power, according to the BBC. However, transmission capacity shortages mean the country is wasting clean…
- Developing El Niño is strongest on record weeks before expected peak, BBC reportsScientists report that the developing El Niño cycle has become the strongest on record, reaching the benchmark weeks before its expected peak. Associated weather impacts are…
- Assam lays foundation for Adani Power's ₹48,000 crore thermal plantAssam's chief minister laid the foundation stone for a ₹48,000 crore thermal power project developed by Adani Power. Featuring a generation capacity of 3,200 MW, the…
- US DFC agrees to fund up to $414 million for Global Atomic's Niger uranium projectThe US International Development Finance Corporation has agreed to provide up to $414 million to Global Atomic for its Dasa uranium project in Niger. The funding will support…
- US EPA moves to rescind greenhouse gas limits for coal and gas power plantsThe US Environmental Protection Agency announced plans to eliminate Biden-era regulations mandating carbon capture technology for coal- and gas-fired power stations. The move…
- US President Donald Trump urges Ukraine to halt strikes on Russian oil facilitiesUS President Donald Trump called on Ukraine to halt long-range strikes on Russian oil and diesel infrastructure, citing rising US fuel prices and global supply shortages.…
- Saudi Arabia shuts major East-West oil pipeline after drone attack from IraqSaudi Arabia shut down its major East-West oil pipeline following a drone attack launched from an Iraqi area bordering Iran. In response, Iraqi authorities removed a local…
- Brent crude surges past $108 a barrel as Middle East conflict escalatesBrent crude surpassed $100 per barrel for the first time since July following U.S. strikes on five Iranian tankers alongside ongoing Houthi military actions. Prices subsequently…