What’s in the news? Prime Minister Narendra Modi along with the leaders of Singapore, Bangladesh, Italy, USA, Brazil, Argentina, Mauritius and UAE, launched the Global Biofuel Alliance on 9 September 2023, on the sidelines of the G20 Summit in New …
What’s in the news? The Union Cabinet has approved the Scheme for Viability Gap Funding (VGF) for development of Battery Energy Storage Systems (BESS). The approved scheme envisages development of 4,000 MWh of BESS projects by 2030-31, with a financial …
Hydrogen Hydrogen is a colourless, odourless, tasteless, non-toxic and highly combustible gaseous substance. It is also the lightest, simplest and most abundant member of the family of chemical elements in the universe. Hydrogen is a clean fuel and an efficient …
Context Pension Fund Regulatory and Development Authority (PFRDA) has said that it will allow pension funds to invest in sovereign green bonds (SGrBs). What are Green Bonds? Green bonds are bonds issued by any sovereign entity, inter-governmental groups or alliances …
Context: This article highlights that the present commitments made by the developed world in terms of climate finance are absolutely insufficient and suggests measures in this regard. Issues surrounding climate finance Inadequate finance: At COP15 in 2009 (Copenhagen, Denmark), developed …
What is ethanol blending in petrol? Ethanol is a biofuel, that is, a fuel produced by processing organic matter. The auto fuels we commonly use are mainly derived from the slow geological process of fossilisation, which is why they are …
Hydrogen Hydrogen is a colourless, odourless, tasteless, non-toxic and highly combustible gaseous substance. It is also the lightest, simplest and most abundant member of the family of chemical elements in the universe. Hydrogen is a clean fuel and an efficient …
Context The government’s bid to raise the level of ethanol blending in petrol to 20 per cent (E20) by 2025, instead of 2030, needs a serious rethink. Why does E20 by 2025 need a revisit? A recent report released by …