Many Indian companies have been exploring CCS and CCU. CCS is about capturing carbon from the source and sequestering it into oceans or rocks and CCU entails utilising captured carbon as a raw material
Scientists have identified 27 amplifying feedback loops, often known as global warming accelerators, some of which may not be properly taken into consideration by climate models, according to the researchers
The study 'The Carbon Space Implications of Net Negative Targets', released on Tuesday, also estimates that the net-zero commitments made by the 10 big emitters are inadequate and would surpass the 1.5 degrees Celsius carbon space by 33 per cent by 2050.
No one is immune to the risks caused by climate change, not even corporations who presumably have full-fledged business plans. Let’s take this opportunity to look at what businesses can do to better assess and manage climate change risks.