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Carbon Removal Budget to Tackle Climate Change

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A recent Oxford University study published in Carbon Management supports a new “Carbon Removal Budget” as a strategy to combat climate change.

The proposed solution would align with the Carbon Budget, which sets the global limit on the safe release of CO2 emissions.

This includes more cutting-edge solutions like biochar and technologies that directly capture and store carbon, as well as more conventional techniques like reforestation and planting trees to reduce carbon emissions.

There are, however, limitations on the availability of carbon removal. Certain techniques for eliminating carbon dioxide, for instance, necessitate large amounts of land and substantial energy consumption, the researchers noted.

They argued that carbon removal is crucial for achieving “net zero” emissions. But it’s not in unlimited supply or free to produce, requiring permanent removal and neutralization.

Some key questions:

According to the authors, carbon removal budgets can help to answer several urgent questions.

  • How much carbon removal is needed and when?
  • What methods for carbon removal should be prioritized?
  • What impediments exist to the different types of removal supply and how can we overcome them?
  • Critically, how should we allocate the finite, even if growing, carbon removal supply between different countries, companies, and financial institutions?

“Embedding carbon removal budgets into decision-making is necessary for an effective response to climate change. It will become an essential part of net zero transition plans, whether for countries, companies, or financial institutions,” noted Dr Ben Caldecott, the Lombard Odier Associate Professor, University of Oxford Smith School of Enterprise and the Environment and lead author.

Author’s notes:

Dr Caldecott said the Carbon Removal Budget is a mechanism to value and allocate finite carbon removal capacity for global temperature goals. This is similar to the Carbon Budget, ensuring fair and effective global distribution.

He said, “For example, it is not clear why a fossil fuel company should be using carbon removal when there are ways to reduce its emissions today? Especially when we need to preserve removals for future emissions that are extremely hard or impossible to eliminate.”

Dr Injy Johnstone, Research Fellow, Oxford Sustainable Finance Group and co-author said, “Carbon removal is a scarce resource, one which not all countries or companies have the same capacity to develop and deploy, meaning we need a Carbon Removal Budget to help equitably manage both supply and demand.”

He said that companies like Microsoft are investing in carbon removal, while many other countries are considering integrating it into existing compliance emissions trading or tax regimes to drive demand.


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AcrelorMittal Belgium Pilots Carbon Capture

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ArcelorMittal Belgium is testing a new technology to convert captured CO2 into carbon monoxide for steel and chemical production.

The company plans to achieve a 35% reduction in CO2 emissions by 2030 through the use of circular carbon in blast furnaces, CCS, or CCU.

It has partnered with Mitsubishi Heavy Industries (MHI) and climate tech company D-CRBN for the project in Gent, Belgium.

D-CRBN has developed a plasma-based technology to convert carbon dioxide into carbon monoxide.

This process can be used as a reductant in steelmaking or as a basic ingredient in AMGent’s Steelanol plant for chemicals or alternative fuel production. The technology requires high-purity CO2, which can be provided by MHI’s carbon capture unit.

On its part, MHI is conducting a large-scale trial to evaluate the effectiveness of their Advanced KM CDR Process carbon capture technology, building on their ongoing pilot.

Manfred Van Vlierberghe, CEO, ArcelorMittal Belgium, said, “We are proud to be part of this unique carbon capture and usage trial in Gent, which is part of our strategy to develop the Smart Carbon steelmaking route in ArcelorMittal Belgium.”

Gill Scheltjens, CEO, D-CRBN, said, “Our technology can electrify and decarbonize existing blast furnaces and significantly reduce their coal use. The conversion of CO2 back into CO for steel production will limit the need for green hydrogen in the future and reduce the costs of emission-free products.”

Tatsuto Nagayasu, Senior Vice President (CCUS), GX (Green Transformation) Solutions, MHI’s, said, “Our collaboration with Arcelormittal and D-CRBN in Belgium provides another tool for the industry to reduce its carbon footprint – capturing emissions, converting them into a valuable feedstock, and feeding them back into the process. This initiative demonstrates our commitment to sustainable practices and innovative solutions for a greener future.”


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GoodEnough Energy to Establish BESS Gigafactory with Rs 450-cr outlay

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GoodEnough Energy plans to build a gigafactory for battery energy storage systems (BESS) with a seven GWh initial capacity in Jammu and Kashmir. The project has received over Rs 450 crore in commitments from the company.

Furthermore, by 2026, the factory will reach full capacity with a 20 GWh capacity. In addition to providing over 100 SMEs with job opportunities as suppliers and vendors, the gigafactory will help reduce CO2 emissions by over five million metric tons (MT) annually. This will increase the number of jobs created in the state.

It seeks to assist industries with high CO2 emissions in reaching their environmental goals by concentrating on the development of domestic BESS technologies with global competency. By 2026, the company hopes to cut its CO2 emissions by 15 million tons thanks to the capacity expansion.

The business manufactures BESS and provides energy backup solutions for commercial, industrial, and institutional settings. In addition to several industries with high CO2 emissions, such as the molding industry, automation, mining, hospitals, refineries, malls, and others, it seeks to support India’s net-zero goal.


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Lindstrom Commits to Science-based Climate Targets with Sustainable Clothing

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Lindström India is incorporating recycled polyester from PET bottles into its workwear collection, demonstrating its commitment to sustainability.

The move to transform plastic waste into eco-friendly uniforms is in line with the company’s global science-based climate targets, thereby demonstrating its commitment to sustainability. 

PET bottles are cleaned, shrunk, and purified before being combined with 35% cotton to create a fabric that combines comfort with polyester durability.

Recycled polyester textiles, produced from fibers, reduce demand for new raw materials and environmental impact compared to traditional polyester production, making them suitable for clothing and upholstery.

The Textile Exchange estimates that recycled polyester materials could reduce CO2 emissions by 30%, use 45% less energy and 20% less water, and prevent plastic bottle pollution.

Anisha Mukherjee, Head, Procurement & Sustainability Lead, Lindström India, said “The primary advantage of 65% recycled polyester/35% cotton fabric is reduced environmental impact. Recycled polyester, which comes from used plastic bottles, is incorporated into the production process to help keep plastic waste out of landfills. This reduces the need to produce virgin polyester.- a high energy-consuming and greenhouse gas emitting process.”

“… The longevity promotes a more sustainable approach to workwear and reduces overall textile waste. We already have a positive response from a prominent customer in South India,” said Jayant Roy, Managing Director, Lindström India.


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TPREL, Tata Communications Sign PDA for Captive Solar Plant

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Tata Power Renewable and Tata Communications have signed a Rs 105 crore deal to establish an 18.75 MW captive solar plant in Maharashtra.

According to a statement from Tata Power, the captive solar plant will produce about 40 million units (MUs) of power each year. The plant located in Aachegaon, Maharashtra, will offset more than 30,000 tonnes of CO2 emissions.

“We have partnered with Tata Communications to support their transition to renewable energy. Our customized green energy solutions such as group captive solar will not only reduce operating costs but also increase energy efficiency,” said Deepesh Nanda, CEO and MD, TPREL.


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Agriculture in carbon credit fold

Sonal Desai


The Indian farmer will now be a part of the carbon credit ecosystem. Thus, the Indian agriculture sector is stepping up efforts toward sustenance through sustainability.  

The Union Minister of Agriculture & Farmers’ Welfare and Tribal Affairs, Arjun Munda, recently launched the Framework for Voluntary Carbon Market in the Agriculture Sector and Accreditation Protocol of Agroforestry Nurseries. 

Carbon trading in the agricultural sector involves buying and selling carbon credits generated by practices that reduce greenhouse gas emissions or increase carbon sequestration. 

Carbon credits are used to offset CO2 emissions under the Cap-and-Trade guidelines set by the Paris Agreement. Farmers can participate in carbon credit schemes by adopting practices like no-tillage farming, precision nitrogen use, cover crop planting, agroforestry, soil organic carbon management, and livestock and manure management.

The agriculture sector is vital to the economy and livelihoods of millions, employing 54.6% of the country’s workforce.

The announcement is a welcome step in the Indian agriculture sector, which is stepping up efforts toward sustenance through sustainability. It has a two-pronged approach:

  • The framework aims to encourage small and medium farmers to avail of carbon credit benefits, accelerating the adoption of environment-friendly agricultural practices. 
  • The Accreditation Protocol of Agroforestry Nurseries will strengthen institutional arrangements for large-scale production and certification of planting material to promote agroforestry in the country.
Carbon credit and the Indian farmer:

India’s agriculture sector has over 40 carbon credit projects, with pilot programs paying $10-30 per acre per year, according to various studies. By mid-2023, hundreds of farmers could receive payments for climate-friendly practices.

One project that immediately comes to mind is Boomitra. A project enrolling 100,000 farmers across 300,000 acres, Boomitra, has sold millions of dollars worth of soil carbon credits to companies aiming to reduce their carbon footprint.

Similarly, hundreds of Indian farmers could receive payments for carbon credits issued for implementing climate-friendly practices that reduce carbon emissions. 

Carbon farming improves soil health and reduces GHG emissions, contributing to climate change mitigation. It involves science-based techniques like cover crops, optimized tillage, and fertilizer management. Regenerative farming methods, based on traditional farming methods, reduce soil disturbance, end synthetic pesticides, maximize soil coverage, promote crop rotation, and combine livestock rearing with crops. These methods are applied to degraded lands.

Agriculture and carbon emissions: 

Globally, agriculture is historically linked with emissions. 

In India, various studies estimate that agriculture in the country contributes 14% of total GHG emissions, with 54.6% due to enteric fermentation, 17.5% from rice cultivation, 19.1% from fertilizer, 6.7% from manure management, and 2.2% from field burning of agricultural residues. The impact of climate change rises to extreme standards in North India, especially during the winter. 

The Central government, local governance bodies, and global agencies are making a concentrated effort to stymie the impact of carbon emissions on the planet and the livelihoods of the medium and small farmers who form a major chunk of the agriculture segment. 

Center-state-local-global collaborations:

As a result of the collaborative efforts, the Indian agriculture sector is leaning toward sustainable farming practices. IFFOs and Agtech companies are championing the cause of regenerative farming methods. 

Some of the methods include:

  • Combining livestock rearing with crops and other plants.
  • Maximizing soil coverage through living roots and mulching
  • Promoting crop rotation and improving biodiversity
  • Reducing soil disturbance due to tillage
  • Using mob grazing and manure/compost to minimize the use of synthetic pesticides and fertilizers
End-note:

The agriculture sector in India is undergoing a sea change. The critical aspect is the beneficiaries are directly involved in the process and the resultant change. Although it will take a while for the impact to be visible, I believe that INDIA is being prepared to embrace a new, tech-driven, organic, and inclusive farming activity. 

At WriteCanvas, we are of the view that the hands that feed us should have equal access to quality and natural yield on their dinner table! 


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Samskip Group to unveil world’s first hydrogen fuel celled container ships

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In H22025, Multinational logistics company Samskip Group, will unveil world’s first two short-sea hydrogen-fueled container ships.

Cochin Shipyard Ltd, India’s largest shipbuilding and maintenance facility, is constructing the 135-meter ships. ABB will provide complete power, propulsion and automation systems.

Salient features of the hydrogen fueled ship:

The ships will have a 3.2 MW hydrogen fuel cell, along with diesel generators for backup power. Each vessel will reduce annual CO2 emissions by approximately 25,000 tons when powered by fuel cells and using green shore power at the port of call. The logistics group aims to achieve net-zero by 2040.

The containers are expected to perform on par with the company’s conventional vessels even though they are setting new benchmarks for environmentally friendly operations, Samskip said in a press release.

The green technology:

In addition to incorporating the hydrogen fuel cells, the ABB package includes
• Onboard DC Grid power distribution system
• Energy storage solution control (automation technology)
• Ability System 800xA for operational efficiency
• Ability Remote Diagnostic Systems for round-the-clock remote support for improved safety and performance

Quotes:

Erik Hofmeester, Head, Fleet Management, Samskip Group, said, “These ships are a milestone for the maritime industry, delivering hydrogen fuel cells as a clean and renewable technology.”

“Cochin Shipyard is proud to partner with ABB in strengthening our position as an early mover in sustainable technology and supporting India’s vision to become a Global Hub for building Green Ships,” said Madhu S Nair, Chairman and Managing Director, Cochin Shipyard Limited.

“ABB is delighted to collaborate with Samskip and Cochin Shipyard Limited on this project which will help to avoid emissions and reduce operational expenses,” said Juha Koskela, Division President, ABB Marine & Ports. “ABB is at the forefront of shipping’s most ambitious plans for decarbonization and setting new standards for green maritime transportation.”

The project is co-funded by Norwegian state enterprise ENOVA. Operating under Norway’s Ministry of Climate and Environment, ENOVA promotes a shift towards more environmentally friendly energy consumption and production, as well as the development of energy and climate technology.


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15% SDGs on track due to climate change and extreme weather

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Halfway through meeting the 2030 Agenda for climate goals, the world is nowhere closer to meeting the objective. Climate change is causing global extreme weather events, with record temperatures causing global damage.

A new United in Science report by the World Meteorological Organization indicates that only 15% of the Sustainable Development Goals are on track due to climate change and extreme weather. According to the report, the 2030 Agenda’s half-time point indicates the planet is far from meeting its climate goals, hindering global efforts to address hunger, poverty, ill health, and improve access to clean water and energy.

The authors highlight the potential of weather, climate, and water sciences to enhance food and water security, clean energy, health, sustainable oceans, and resilient cities.

Data

Between 1970 and 2021, nearly 12,000 disasters resulting in over 2 million deaths and 4.3 trillion in economic losses occurred. Over 90% of these reported deaths and 60% of economic losses occurred in developing economies, undermining sustainable development. Rising global temperatures and extreme weather conditions are causing a 66% chance of global near-surface temperatures exceeding 1.5°C.

Fossil fuel CO2 emissions increased by 1% globally in 2022 compared to 2021 and preliminary estimates from January-June 2023 show a further 0.3% rise, the authors noted in the report. The Paris Agreement’s temperature goal requires a 30% and 45% reduction in global greenhouse gas emissions by 2030, with CO2 emissions close to net zero by 2050.

On the other hand, the report highlights the benefits of weather predictions, integrating epidemiology and climate information, and early-warning systems in boosting food production, reducing poverty, and preventing climate-sensitive diseases.

Require real-time forecasting

For example, how weather predictions help boost food production and move closer to zero hunger. Integrating epidemiology and climate information helps understand and anticipate those diseases sensitive to climate. And early-warning systems help to reduce poverty by giving people the chance to prepare and limit the impact.

UN Secretary-General António Guterres warns that the global response is inadequate, and science is crucial for solutions. He emphasizes the importance of weather, climate, and water-related sciences in achieving the Sustainable Development Goals.

WMO Secretary-General Prof. Petteri Taalas emphasizes the science community’s unity in achieving the SDGs, highlighting the potential of groundbreaking technologies like climate modelling and AI to transform and safeguard sustainable development.

“The science continues to show that we are not doing enough to lower emissions and meet the goals of the Paris Agreement – as the world prepares for the first global stocktake at COP28, we must increase our ambition and action, and we must all do the real work to transform our economies through a just transition to a sustainable future for people and planet,” said Inger Andersen, Executive Director of the UN Environment Program.


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