Friday, May 9News That Matters

Tag: emissions

Fossil Fuel Giants Linked to 1998 India Heatwave, Billions in Economic Damage Traced to Emissions

Fossil Fuel Giants Linked to 1998 India Heatwave, Billions in Economic Damage Traced to Emissions

Breaking News, Climate Actions
A new study published in Nature reveals that five major fossil fuel companies Chevron, ExxonMobil, Saudi Aramco, Gazprom, and BP significantly intensified the 1998 heatwave in India, contributing to massive economic losses and highlighting the direct link between corporate emissions and extreme climate events. How Big Oil Fueled the 1998 Heatwave The 1998 heatwave in India, considered the deadliest in half a century, has now been scientifically linked to human-induced climate change. According to researchers from Dartmouth College in the US, emissions from five of the world’s largest oil and gas companies caused a measurable spike in temperatures increasing the intensity of the five hottest days during that period by 0.08°C. The study found that Chevron alone was responsible f...
Green Dragon Awakens: China’s Clean Energy Surge Could Cut Emissions 30% by 2035

Green Dragon Awakens: China’s Clean Energy Surge Could Cut Emissions 30% by 2035

Breaking News, Climate Actions
China is on the brink of a climate breakthrough. If it continues its current pace of clean energy development, the world’s largest greenhouse gas emitter could reduce emissions by 30% by 2035. With the right 2035 climate targets, China has the power to steer global climate efforts back on track and secure its place as a true environmental leader. China’s Climate Turning Point Amid growing global climate uncertainty, China has a chance to reaffirm its leadership by setting bold science backed climate goals. Experts say a 30% reduction in carbon emissions by 2035, compared to 2023 levels, is within reach if policies align with current clean energy momentum. Power Sector from Coal to Clean The fastest gains can come from electricity. By maintaining its current pace, China could cu...
India First Pollution Trading Market in Surat Cuts Emissions by 30%

India First Pollution Trading Market in Surat Cuts Emissions by 30%

Breaking News, Climate Actions, Environment
A ground-breaking cap-and-trade programme to control industrial air pollution in Surat, Gujarat, has led to a significant 20–30% reduction in particulate matter emissions while lowering costs for factories and boosting regulatory compliance a new study has revealed. Published in the May 2025 issue of The Quarterly Journal of Economics, the study evaluated the Surat Emissions Trading Scheme (ETS) the world’s first market-based initiative for trading in particulate matter emissions and India’s first pollution trading scheme of any kind. Developed by the Gujarat Pollution Control Board (GPCB) in partnership with the Energy Policy Institute at the University of Chicago, the Surat ETS required 318 large coal-based industrial plants to install real-time emissions monitoring systems. Instea...
142,400 Tonnes of CO2 Emissions Protect 140 Million Hectares and Raise $633 Million in Sustainable Investments

142,400 Tonnes of CO2 Emissions Protect 140 Million Hectares and Raise $633 Million in Sustainable Investments

Breaking News, Climate Actions, Environment
A new report from the World Economic Forum’s UpLink initiative has highlighted the significant environmental and economic contributions of early-stage innovators working on sustainability solutions. The Annual Impact Report 2025 revealed that UpLink-supported ventures have prevented 142,400 tonnes of carbon dioxide emissions over the past two years, equivalent to the annual emissions of more than 30,000 cars. In addition to reducing emissions, these ventures have played a crucial role in protecting 140 million hectares of terrestrial and aquatic ecosystems, an area nearly one-fifth the size of the Amazon rainforest. The report also stated that these initiatives treated 2.5 billion litres of hazardous wastewater and tracked 28 million tonnes of waste, contributing to global efforts in po...
Sea Level Could Rise Up to 1.9 Meters by 2100 if Emissions Continue

Sea Level Could Rise Up to 1.9 Meters by 2100 if Emissions Continue

Breaking News, Climate Actions, Environment, Fact Check
A new study warns that global sea levels could rise as much as 1.9 meters by 2100 if carbon emissions remain unchecked 90 centimeters higher than the latest estimates by the UN’s Intergovernmental Panel on Climate Change (IPCC). The research, conducted by scientists at Nanyang Technological University (NTU) in Singapore and Delft University of Technology (TU Delft) in the Netherlands, introduces a more accurate projection method that accounts for extreme climate scenarios. Published in Earth Future, the study highlights that traditional sea-level rise estimates vary widely due to uncertainties in climate models. While most models include well-understood factors like glacier melt, they struggle to predict less certain events such as sudden ice shelf collapse. To address this, the researc...