Month: January 2022

President Dr Arif Alvi Saturday said that all-weather strategic cooperative partnership between Pakistan and China envisioned a prosperous region with the establishment of economic and trade linkages through the China-Pakistan Economic Corridor (CPEC), a flagship of Chinese One Belt, One Road initiative. During an interaction with the Chinese media, the president said Pakistan and China enjoyed excellent relations which were based upon all-weather strategic cooperative partnership. Dilating upon the long history of ties between the Iron Brothers, the president said both the countries had been cooperating in diverse fields through…

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The U.S. government has held talks with several international energy companies on contingency plans for supplying natural gas to Europe if conflict between Russia and Ukraine disrupts Russian supplies, two U.S. officials and two industry sources told Reuters on Friday. The United States is concerned Russia is preparing for the possibility of a new military assault on the country it invaded in 2014. Russia denies it plans to attack Ukraine. The European Union depends on Russia for around a third of its gas supplies, and U.S. sanctions over any conflict…

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Energy operators of the gas grid said this morning they will have the capacity to blend 20 per cent of hydrogen fuel into the regular gas grid from next year. This means the grid will be able to deliver more hydrogen to households across Britain, a move that could see a drop in households’ carbon emissions. “Whether it be heating our homes, powering our businesses or generating cleaner electricity, hydrogen will help drive up our energy security, while driving down our carbon emissions – and Britain’s gas grid companies are…

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The global agreement reached at the United Nations’ COP26 summit in Glasgow last weekend may help solve one of the trickiest problems in climate policy: how to boost confidence in the voluntary market for carbon credits.   Such credits, or offsets, allow companies to pollute at home in exchange for investing in greener projects elsewhere. Voluntary markets are currently something of a Wild West, with no unified standards or governance — and experts say at least some of the credits they generate do little or nothing to curb climate change.  The voluntary…

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