Norway’s wealth fund challenges Big Oil on climate transition

Norway’s sovereign wealth fund, a major global investor, criticises Big Oil’s transition efforts as carbon emissions continue to rise. Carine Smith Ihenacho, the Chief Governance and Compliance Officer at Norges Bank Investment Management, states that the oil and gas industry is falling short in emissions reduction, and global emissions are still on the rise. This […]

India’s quest for net zero carbon emissions: not credible by 2050?, Rajat Verma comments

To reach its 2050 net-zero carbon emissions goal, India might require an investment of up to $7 trillion, a target that appears more achievable by 2070, says Rajat Verma, Founder & CEO of battery recycling company LOHUM. Verma estimates that this transition necessitates an annual investment of approximately $300 billion, a significant increase from India’s […]