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Net-zero aluminium could be 61 per cent more expensive, the study said, adding that decarbonising this industry would also lead to a yearly increase of Rs 26,049 crore in additional operating expenditure, as per the study. Although the country's per capita aluminium consumption is low at 2.5 kg (compared to the world average of 11 kg), the industry emitted nearly 77 million tonnes of CO2 in 2019-20, it said.
Preparing for a CBAM world: Measures such as the Carbon Border Amendment Mechanism are set to become common financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
EU's Green Regulations To Impact 43% Of India's Exports To Trade Bloc: Report menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
High cost of production owing to high cost of electrolysers, lukewarm domestic demand and exports that are yet to be scaled--these challenges facing India’s ambitious Green Hydrogen Mission will have to be overcome if it hopes to become a global leader
SeaVar joins hands with Jindal Steel and Power Group to advance low-cost carbon capture technology aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
Get latest articles and stories on Business at LatestLY. New Delhi [India], August 8: Carbon capture is a crucial step in addressing greenhouse gas emissions from legacy sources. However, the current cost of carbon capture stands at a prohibitive USD40-60 per tonne of CO2 captured, making carbon capture and utilisation uneconomical. SeaVar, a US-based start-up led by an Indian-origin team, has developed and patented an innovative non-amine-based CO2 capture process that is expected to reduce the capture cost significantly lower to USD17 per tonne of CO2 captured. This breakthrough is a result of SeaVar’s vast experience in installing systems in various industries, including power plants. The Southern California-based technology company was founded in 2007 by an experienced Indian-origin chemical engineer with 53 years of expertise in emission capture systems. Business News | SeaVar Joins Hands with Jindal Steel and Power Group to Advance Low-cost Carbon Capture Technology.
India Makes $2.3 Billion Green Hydrogen Push to Meet Climate Goals shanghainews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghainews.net Daily Mail and Mail on Sunday newspapers.