County Bergen Financial News

Subscribe to enjoy similar stories. International travel has quickly become a top aspiration for many Indians, and exploring the world’s diverse cultures and landscapes is more popular than ever. Though daunting expenses still hold many back, careful planning and smart budgeting can make the dream a reality.

Bergen in Norway. Strictly speaking, the gleaming Northern Lights terminal is just the gateway to the actual dump, where carbon dioxide will be offloaded from ships and then pumped down into an aquifer 1.6 miles below the seabed, about 60 miles offshore, keeping it locked away. Getting to net zero mostly means stopping doing things that emit carbon. A supplement to this is capturing those emissions and storing them, like refuse in a landfill. In theory, carbon capture and storage, or CCS, offers the ultimate climate hedge for fossil fuel producers, albeit at a cost of perhaps $10 trillion through 2050.More likely, it will play a vital role in mopping up the most stubborn emissions, but will be outcompeted by faster-moving alternatives for energy transition. Moreover, the incentives required to make it work would present, in themselves, a profound risk to fossil fuel producers. Of the emissions that need to be eliminated to achieve net zero in 2050, Bloomberg NEF projects CCS accounting for 16% of them. The amount being captured annually by 2050, more than 8 gigatons, would be bigger than the total energy-related emissions of the Americas today.

Kochi: The Udupi Cochin Shipyard Limited (UCSL), a wholly owned subsidiary of the Cochin Shipyard Limited (CSL), has bagged a Rs 1,100 crore-worth international order for eight 6300 TDW dry cargo vessels. CSL said it has won an international order from Wilson ASA, Norway, for the design and construction of four 6,300 TDW dry cargo vessels. «An agreement has also been entered into for an additional four vessels of the same type, which will be formally contracted within September 19, 2024,» a CSL release said. CSL said the new order was a continuation of the contract awarded in June 2023 for the design and construction of six 3800 TDW dry cargo vessels, which are now at advanced levels of construction at the yard at Udupi in Karnataka.

West Nile virus, including fatalities among residents. Here's an overview of the situation and the potential risks associated with this mosquito-borne illness.