Day: June 17, 2021

That’s the consensus of a panel debating the global maritime shipping sector’s progress on what will be an expensive and complex voyage to decarbonization. And the role of liquefied natural gas (LNG) in accelerating that progress was a flashpoint in the panel discussion, which was organized in mid-May by shipping industry journal Lloyd’s List. For Jacob Sterling, LNG’s role is negligible at best and counterproductive at worst. “It is borderline greenwashing to call LNG a transition fuel towards the decarbonization of shipping,” A.P. Møller-Maersk’s (CPH:MAERSK-B) head of decarbonization, innovation and…

Read More

As temperatures rise to unseasonably warm levels across Texas this week, its citizens are being asked to use less energy on basics like cooking and washing clothes to ease strain on the state’s power grid that is struggling to generate enough electricity to cope with the high temperatures. The move triggers memories for many Texans of the cold snap in the winter that incapacitated much of the state’s power infrastructure and raises fears that Texas – and other US states – are not prepared to deal with the extreme weather…

Read More

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday slammed the proposed legal change that would allow the arrest of people concealing income on mere doubt by tax officers. In a statement, FPCCI leader Haji Qurban Ali said that giving the right of raid on a trader’s outlet/ office on the basis of doubt is totally immoral behaviour and it is unfair. He said there are already differences between the business community and the institutes like Federal Board of Revenue (FBR) and this proposed legal change will…

Read More

The United States is planning to increase funding to Egypt to help it convert to solar energy and move away from fossil fuels, US special envoy for climate John Kerry said in Cairo on Wednesday.Egypt is “blessed to be the number one country in the world” when it comes to making use of solar energy, Kerry told reporters following meetings with Egypt’s Foreign Minister Sameh Shukry. Egypt remains reliant on fossil fuels for its energy needs, and a gigantic cloud of air pollution often hovers over its capital of Cairo,…

Read More

(Nepra) Tauseef H. Farooqi is being criticised by some energy experts for his “inappropriate” behaviour. During the course of a public hearing on Indicative Generation Capacity Expansion Plan (IGCEP), 2021-30 held on June 15, 2021 some hot words were exchanged between the Chairman Nepra and former MD Managing Director NTDC/ Head of Energy Department LUMS, Dr. Fayyaz Ch. when he was sharing his thoughts on the presentation with the Authority and energy sector experts and representatives of federal and provincial governments. “Review my presentation critically and advise openly where I…

Read More