The Earth's average temperature has been above 1.5 degrees celsius for 12 months in a row, which is the hottest on record. This is due to human-caused warming and the recent El Nino cycle. The warming is expected to continue even after El Nino ends, and could reach 2 degrees celsius by 2050. This is a significant concern, as it will lead to more extreme weather events.
European carbon capture specialists are launching a program to help Indian businesses develop technologies to remove CO2 from the air. This 'carbon removal' (though controversial) is seen as crucial to fight climate change, as reducing emissions along with single dependency on natural removal mechanism alone, might not be enough. The technology is expensive but has the potential for a massive market.
China halted approvals for new coal-based steel mills for the first time ever. This green push aims to meet their carbon neutrality goals by 2060. Electric arc furnaces, which rely on recycled materials and electricity, are being favored over coal-powered options. This shift could significantly reduce emissions in the steel industry, China's second largest polluter.