Germany and Austria came out strongly against the European Union proposal to classify some natural-gas and nuclear projects as sustainable investments, with both countries accusing the bloc of “greenwashing.” In Berlin, the Greens — who joined Germany’s new ruling coalition following September’s election — criticized the regulatory plan as damaging the credibility of the EU green rulebook, known as taxonomy, and threatening to divert investment away from renewables. The country is phasing out nuclear energy and wants to shut all its atomic power plants by year’s end. “It’s a kind…
Read MoreDay: January 4, 2022
Azam takes charge as PM’s aide
Prime Minister Imran Khan has appointed Azam Jamil as his Special Assistant for Tourism Coordination. With an illustrious career in the hospitality and tourism industry starting with Intercontinental Hotels in the mid-seventies and spanning well over four decades, Azam has been responsible for spearheading some of the key projects and institutions that shape Pakistan’s tourism industry in the present day. Educated at the Aitchison College and Burn Hall, he went on to gain higher degree at the University of Karachi and was ultimately sent to Cornell University by Intercontinental Hotels.…
Read MoreHaque Nawaz joins board of Gas & Oil Pakistan
Haque Nawaz has joined the Board of Directors of Gas & Oil Pakistan Ltd. He holds master’s degrees in Business Administration and Organic Chemistry. Mr Nawaz is a director at the board of Bank of Azad Jammu & Kashmir since June 2021 and has previously worked as the acting Auditor General of Pakistan. He also served as Joint Secretary as well as Additional Finance Secretary in the Finance Division. Mr. Nawaz has also been associated with the Pakistan Military Accounts Department and the Ministry of Foreign Affairs as Deputy Chief…
Read MoreREAP, PSA demand immediate withdrawal of tax proposal to impose 17pc GST on renewable energy equipment in Pakistan
KARACHI: Both the Renewable & Alternative Energy Association of Pakistan (REAP) and the Pakistan Solar Association (PSA) have urged the federal government to immediately withdraw its proposal to impose 17 per cent GST on solar and wind power generation equipment as otherwise Pakistan’s continuing drive to ensure its energy security through clean power sources would be severely compromised. A press statement issued by the REAP quoted its Chairman, Muhammad Tariq Khattak, as saying that this highly controversial and ill-conceived proposal could set the nation on an accelerated energy poverty slide…
Read More85 locations identified for EV charging stations at motorways
There are up to 85 locations across motorways, which are available for the development of DC-fast charging infrastructure for Electric Vehicles (EVs) to prevent ‘range-anxiety’ in adoption of modern electric cars in the country, a report identified. Titled ‘Developing Electric Vehicle Charging Infrastructure Across Highways and Motorways of Pakistan’, the report was prepared to highlight the issues and potential being faced by the users in adoption of EVs by the LUMS’ energy institute in collaboration with the ministry of Climate Change and the National Center in Big Data and Cloud…
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