NEW DELHI: GAIL India Ltd, the country's largest gas utility, plans to invest over Rs 45,000 crore over the next five years to expand the National Gas Pipeline Grid and city gas distribution network to help push for greater use of environment-friendly fuel, its chairman Ashutosh Karnatak said. The gas pipelines are planned to take the fuel to the east and northeast regions as well as to consumers in the south as part of the government push to raise the share of natural gas in India's energy basket to 15 per cent by 2030 from the current 6.2 per cent, he said. GAIL's push for the creation of infrastructure is in line with Prime Minister Narendra Modi's vision of creating a gas-based economy that is less reliant on polluting fuels for meeting its energy needs. "Before we transition to zero-emission technologies (for both automobiles and factories) say by 2040/2050, natural gas is best suited for tapering emissions from current levels," he said. "Natural gas is 'happy fuel' as it has a … [Read more...] about GAIL to invest over Rs 45,000 cr to create infra for gas-based economy
Environmental impacts of natural gas
To meet the court system's needs, though, people have to trust the technology involved. Some AI use cases in the legal system have already come under serious scrutiny, such as its use in sentencing guidelines. In 2016, the Wisconsin Supreme Court ruled that it was all right for the Wisconsin Department of Corrections to use a private vendor's proprietary algorithm to help determine how long someone should be in jail -- even if the vendor doesn't explain how the algorithm works. After a man named Eric Loomis was found guilty of a drive-by shooting, his sentence was informed in part by the "high risk" label a risk-assessment tool gave him. Loomis appealed to the US Supreme Court, but the high court refused to take up his case. … [Read more...] about AI in the court: Are robot judges next?
”I am happy that a few months after we launched the gas policy, we are seeing this happening. We want to ensure that the payment issues are dealt with and made on time so there is a good financing for the project,” he said. … [Read more...] about Buhari’s mandate to shift dependence from oil yields results – Kachikwu
Still environmentalists worry. They say hosting a capital city would threaten biodiversity in Kalimantan, where there are protected species like orangutans. And the island is already at the heart of several climate controversies. A global hunger for palm oil has motivated businesses to burn down ancient rainforests and plant palm trees. … [Read more...] about Indonesia Moving Capital Out of Jakarta
NEW DELHI: Shares of PSU were trading with losses in Wednesday's afternoon session. Shares of Oil India (down 4.76 per cent), Coal India (down 4.67 per cent), Oil & Natural Gas Corporation (down 4.15 per cent), NTPC (down 3.5 per cent), Bharat Electronics (down 2.95 per cent), Power Grid Corporation of India (down 2.69 per cent), REC (down 2.05 per cent), Power Finance Corporation (down 1.97 per cent), National Mineral Development Corp (down 1.9 per cent), General Insurance (down 1.37 per cent), New Indian Assurance (down 1.03 per cent), Steel Authority of India (down 1 per cent), Bharat Petroleum Corporation (down 0.96 per cent), Indian Oil Corporation (down 0.65 per cent), National Aluminium Company (down 0.44 per cent), Container Corporation of India (down 0.3 per cent) and Bharat Heavy Electricals (down 0.12 per cent) were the top losers in the index. The Nifty PSE index was trading 2.23 per cent down at 3102.25 around 12:13 pm. Benchmark NSE Nifty50 index was down 45.65 … [Read more...] about Share market update: PSU shares decline; Oil India falls 5%