Billionaire Adani Plans to Turn His Business Carbon Negative
Gautam Adani
Photographer: Ramesh Dave/Mint/Hindustan Times
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Indian billionaire Gautam Adani wants to make his ports-to-power business conglomerate carbon negative, aiding India’s goal to expand its renewable power capacity almost fivefold by 2030 to meet its climate commitments.
Adani Group intends to continue investing in clean energy technologies, such as green hydrogen and renewables-powered data centers to fulfill the group’s environment, sustainability and governance, or ESG, goals, Adani, chairman of his namesake group, said at the India Global Forum Wednesday. “We will do so by carefully balancing our energy migration from carbon positive to carbon neutral, and further on to carbon negative.”