{"id":79059,"date":"2023-08-21T01:00:38","date_gmt":"2023-08-21T01:00:38","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/08\/21\/india-defines-green-hydrogen-by-placing-an-emissions-limit-on-production\/"},"modified":"2023-08-21T01:00:38","modified_gmt":"2023-08-21T01:00:38","slug":"india-defines-green-hydrogen-by-placing-an-emissions-limit-on-production","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/08\/21\/india-defines-green-hydrogen-by-placing-an-emissions-limit-on-production\/","title":{"rendered":"India defines green hydrogen by placing an emissions limit on production"},"content":{"rendered":"

<\/a> India has put in place an <\/strong>emission limit of two kilogram CO2 per each kg of hydrogen produced to be labeled \u201cgreen\u201d from renewables<\/strong>, Reuters<\/a> reported on Saturday, citing a statement by the country\u2019s New and Renewable Energy Ministry. \"With this notification, India becomes one of the first few countries in the world to announce a definition of green hydrogen,\" it said in the statement. The announced limit is higher than a proposed 1 kg CO2 limit for green hydrogen earlier this year, according to the newswire. It comes under an ambitious strategy by India to become a global hub for green hydrogen production by producing 5 mn metric tons of the fuel by 2030 annually.<\/p>\n

Why this matters:<\/strong> Transparency on green hydrogen production is necessary given concerns about what type of energy<\/a> is being used in the production process and its carbon footprint.<\/p>\n

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Oil giant Occidental acquires carbon capture tech firm for USD 1.1 bn<\/strong>: 1PointFive<\/a> \u2014 a wholly-owned subsidiary of US oil and gas company Occidental Petroleum \u2014 has bought Canada-based direct air capture (DAC) technologies developer Carbon Engineering<\/a> for USD 1.1 bn, according to a statement<\/a>. The transaction \u2014 expected to close by the end of 4Q 2023 \u2014 would see Carbon Engineering become a wholly-owned subsidiary of the oil producer\u2019s venture capital arm Oxy Low Carbon Ventures, the statement notes. Earlier this month, the US Department of Energy named 1PointFive and Carbon Engineeringamong beneficiaries for a USD 1 bn grant<\/a> aimed at scaling US DAC capacity. 1PointFive is developing the world\u2019s largest DAC plant in Texas, and its parent company Occidental has plans to build another 100 DAC plants, according to Reuters<\/a>.<\/p>\n

SOUND SMART- <\/strong>DAC technology<\/a> refers to the removal of CO2 directly from the atmosphere at any location, as opposed to carbon capture, which involves absorbing CO2 at the point of emission. Carbon dioxide removed under DAC technologies can be permanently stored in deep geological formations or be utilized in various applications.<\/p>\n

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n