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Latest Data Highlights Carbon Capture as Fossil Fuel Lifeline, Not Climate Savior
In a stark revelation on the eve of the United Nations Climate Change Conference, Oil Change International has exposed the shortcomings of Carbon Capture and Storage (CCS) in its report titled “Carbon Capture’s Publicly Funded Failure.” The study, spanning 50 years, unveils a disheartening trend of over-promising and under-delivering by CCS, with governments funneling over…
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ONGC Commits ₹2 Lakh Crore Investment for Net-Zero Transition by 2038
India’s Oil and Natural Gas Corporation (ONGC) has announced ambitious plans to invest Rs 2 lakh crore (approximately $27 billion) in achieving its net-zero transition targets by 2038, as stated by Chairman Arun Kumar Singh during the company’s annual general meeting (AGM). Of the total investment, Rs 1 lakh crore (around $13.5 billion) will be…
