Hyderabad sources stated that twelve Indian companies are among 100 assessed across the globe for high increase in carbon dioxide emission. Accordingly Vedanta Limited India tops the list with 51.8 million tonnes of increased C02 emitted over a period of five years, followed by Adani Power Limited, which stands third in the list and Reliance power at sixth position.



Meanwhile China based company LafargeHolcim Limited is the second, Australia based AGL Energy Limited is the fourth and Korean Electric Power Corporation among the top 5. Furthermore it was stated that China, Saudi Arabia and USA collectively have a massive number of companies in the top 100.

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Moreover according to the 2018 Global Carbon Project report, India’s CO2 emissions are projected to rise by 6.3 per cent in 2018-19 due to strong economic growth. It said “The Indian government will need to step up its climate policy if it is to slow down growth in emissions while maintaining economic growth”.

 


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