How extending easy finance to the logistic industry can have a lion’s share in EV EVOLUTION?
The adoption of electric vehicles (EVs) in India has grown significantly over the last few years. There is a three-time jump in EV sales in 2022 compared to 2021. More than 90% of the EVs sold are either two-wheelers or threewheelers. The growth in EV sales could mainly be attributed to policies, such as production-based incentives and the FAME scheme. However, we are still way behind the Government’s target of achieving 70% of all new commercial vehicles and 80% of all two-wheeler and three-wheeler sales to be electric by 2030.
Rising Fossil Fuel Prices: A Good Time to Switch to EV Fleets?
India is one of the fastest-growing large economies in the post-Covid era. The transport sector, a major contributor to India’s GDP, is currently dominated by internal combustion engine (ICE) vehicles and, therefore, is dependent on fossil fuels.
The Challenges of Setting up an International Power Grid
The International Energy Agency published a report entitled ‘Southeast Asia Energy Outlook 2022’ last month. It said that the rapid economic growth in most Southeast Asian countries since 2000 is now threatening their energy security, as they struggle to keep pace with their growing energy needs.
The scene is not very different for other regions of the world.
The impact of Covid-19 on India’s power demand
National economic activities were hit hard by the pandemic, and the power sector was no exception. The sector deviated from the expected energy supply and peak power demand growth trajectory during the pandemic years, and is now on the path of recovery.
OPINION: Is the RE+EV combination a recipe for Karnataka’s clean energy transition?
Renewable energy (RE) and electric vehicles (EVs) are currently the best bet for moving towards a sustainable future. A study by the International Council on Clean Transportation (ICCT) published last month says that with appropriate EV policies, India can scale down 45 per cent-50 per cent of its cumulative CO2 emissions from the road transport sector between 2021 and 2050.
Climate change: Why ‘loss and damage’ is a big deal
A warming of the planet by 1.1°C due to human-induced climate change is being reported. Today, we are dealing with the consequences of higher temperatures, erratic and unpredictable rainfall, intense storms, and sea-level rise. To rein in temperature rise, rapid cuts in greenhouse gas (GHG) emissions are essential, as are making significant investments to protect ecosystems and communities from severe impacts that will worsen over time.
Annual Report 2021-2022
Here is the CSTEP Annual Report for 2021-2022.
The world attempts to bend a curve
We began ‘Climate On Our Mind’ on World Environment Day with the word Resilience. It made sense. We are now face-to-face with the crisis. But resilience is the final act — the third of three pillars holding up how we are addressing Climate Change. In today’s post — we look at the first two: Mitigation and Adaptation — actions that will determine the future and how we cope with it.
Accelerating circular economy solutions to achieve the 2030 agenda for sustainable development goals
Circular economy seems a vital enabler for sustainable use of natural resources which is also important for achieving the 2030 agenda for sustainable development goals. Therefore, a special session addressing issues of “sustainable solutions and remarkable practices in circular economy focusing materials downstream” was held at the 16th International Conference on Waste Management and Technology, where researchers and attendees worldwide were convened to share their experiences and visions.