Pakistan is aiming to set up a carbon emission market and partner itself with China, the world’s biggest polluter. “We are looking at a credit-based market initially, which means you can offset in Pakistan and you can sell to bilateral countries,” said Malik Amin Aslam, quoted Bloomberg. The advisor informed the establishment of market would allow Pakistan expand their global trade…
Read More
The circulation debt of energy sector has reached Rs1,665 billion, the Ministry of Energy officials told the Public Accounts Committee (PAC) sub-committee on Wednesday. The energy officials said that they had prepared plans to upgrade the transmission and distribution system including the reduction in circulation debt. The plan has been approved by the Asian Bank and the World Bank, while…
Read More
THE news that the regulator has asked for another massive increase in the price of gas, which might be as high as 221pc for some categories of consumers, has sent a shockwave through the business community. Those who rely on gas as a primary fuel, whether for boilers or captive power plants, could see their energy cost rise at a time when…
Read More
