Author: Admin

ISLAMABAD: Global energy prices are expected to surge by 24% in 2026, reaching their highest levels since the Russia-Ukraine War, as escalating tensions in the Middle East disrupt supply chains and commodity markets, according to the latest Commodity Markets Outlook by the World Bank Group. The report forecasts an overall 16% rise in global commodity prices, driven by sharp increases in energy, fertilisers, and key metals. Brent crude is projected to average $86 per barrel in 2026, up significantly from $69 in 2025, following major supply shocks linked to attacks…

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ISLAMABAD: In a major relief for solar consumers, the National Electric Power Regulatory Authority (Nepra) has abolished the licence requirement and Rs1,000 per kilowatt fee for net-metering systems up to 25kW, reversing a controversial policy introduced earlier this year. The decision follows directives from the Power Division, which faced strong public backlash over what critics termed “taxing sunlight.” A notification issued by Nepra confirmed that the amended regulations would be effective from February 9, 2026, restoring a more consumer-friendly framework for small-scale solar adoption. Under the revised rules, only prosumers…

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ISLAMABAD: In a striking contradiction, the National Electric Power Regulatory Authority (Nepra) has reiterated that revenue-based loadshedding is illegal, yet the Power Division has made it clear the practice will continue to contain the country’s mounting circular debt. During a public hearing on a marginal fuel cost adjustment of Rs0.27 per unit, officials confirmed that discontinuing revenue-based loadshedding could add over Rs400 billion to the circular debt, which has already surged to approximately Rs1.8 trillion from Rs1.6 trillion within nine months. Amina Ahmed openly termed the practice unlawful, raising concerns…

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Berlin, Germany: Marking Earth Day, green search engine Ecosia has achieved a major environmental milestone—planting 250 million trees worldwide—solidifying its position as the world’s largest planter of native trees. To commemorate the achievement, Ecosia founder Christian Kroll, alongside Germany’s Federal Environment Minister Carsten Schneider, planted a symbolic tree outside the Reichstag Building, home to the German parliament. A Global Movement Rooted in Local Action Since its founding in 2009, Ecosia has built an extensive global reforestation network, partnering with 125 organisations and engaging over 200,000 tree planters. The company focuses…

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