Friday, August 1News That Matters

Tag: greenhouse gases

India Drafts Emission Intensity Rules for Industries to Power Carbon Trading and Meet 2030 Climate Goals

India Drafts Emission Intensity Rules for Industries to Power Carbon Trading and Meet 2030 Climate Goals

Breaking News, Climate Actions, Thoughts & Talks
India has released a draft framework to set mandatory targets for reducing industrial emissions under the Greenhouse Gases Emissions Intensity (GEI) Target Rules, 2025. The draft, issued by the Ministry of Environment, Forest and Climate Change, is aimed at accelerating India’s commitment to cut emissions intensity of its GDP by 45% by 2030 compared to 2005 levels. These rules will support the Carbon Credit Trading Scheme (CCTS), 2023, creating a structured system for reducing and trading greenhouse gas emissions in energy-intensive industries. The draft rules are currently open for public comments and suggestions for a 60-day period from the date of notification. What is Greenhouse Gases Emissions Intensity (GEI)? Greenhouse Gases Emissions Intensity (GEI) refers to the amoun...
CO2 Levels Hit 8,00,000 Year High 2024 Warmest Year on Record

CO2 Levels Hit 8,00,000 Year High 2024 Warmest Year on Record

Breaking News, Climate Actions, Environment
The State of Climate 2024 report by the World Meteorological Organization (WMO) has confirmed that carbon dioxide (CO2) levels are now at their highest in the past 8,00,000 years with measurements reaching 420 parts per million in 2023. Alongside CO2, other greenhouse gases like methane (CH4) and nitrous oxide (N2O) have also hit record levels intensifying global warming. Temperature Crosses 1.5°C Threshold The WMO’s analysis using six international datasets, found that 2024 became the first year where global temperatures exceeded the 1.5°C threshold annually a key limit set by the Paris Agreement. The global mean near-surface temperature was 1.55°C above pre-industrial levels driven by long-term warming and the early-year El Niño effect. Celeste Saulo, WMO Secretary-General said ...