Interest from Asian buyers in liquefied natural gas (LNG) exports from Mexico’s Pacific Coast has reached a full-blown frenzy amid soaring natural gas prices and demand, according to Mexico Pacific Limited LLC (MPL) CEO Doug Shanda. Shanda spoke with NGI’s Mexico GPI about the firm’s LNG export terminal planned for Puerto Libertad in Sonora state. “We saw a lot of interest at the end of last year,” Shanda said, but “this year, it’s just been incredible.” [Get in the know. Access to pipelines, processing plants and LNG facilities is imperative…
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Almost All of The World’s Coal Is Now ‘Unextractable’, Scientists Warn
The vast majority of the world’s fossil fuels are effectively “unextractable” and must remain in the ground if we want even half a chance at meeting our climate goals, according to a new study. For nations like Indonesia and Australia, the world’s leading exporters in coal, that will require abandoning 95 percent of their natural deposits come 2050, researchers at University College London have calculated. In that same time frame, Middle Eastern nations will have to leave all their coal reserves in the ground and the United States will have…
Read MoreClimate change: ditch 90% of world’s coal and 60% of oil and gas to limit warming to 1.5°C – experts
Global mean surface temperatures reached 1.2°C above the pre-industrial average in 2020, and the Intergovernmental Panel on Climate Change warned in its recent report that Earth could hit 1.5°C in as little as a decade. The 0.3°C separating these two temperatures make a world of difference. Scientists believe that stabilising our warming world’s temperature at 1.5°C could help avoid the most serious effects of climate change. Fossil fuels such as coal, oil and natural gas are the source of just over 80% of the world’s energy. Burning them accounts for…
Read MoreSungrow Signs a 50 MW Distribution Contract at Solar Pakistan 2021
LAHORE, Pakistan, Sept. 8, 2021 /PRNewswire/ — Sungrow, the global leading inverter solution supplier for renewables, showcased the latest PV and energy storage product solutions at Solar Pakistan 2021 and signed a 50 MW distribution contract onsite, furthering its commitment to renewable energy and fueling the national transition to a low carbon economy. The 50 MW agreement was forged between Sungrow and the reputed local distributor Energy For You to supply featured residential and commercial inverter solutions to power Pakistani installations within a year. The Solar Pakistan expo, which was…
Read MoreSindh govt begins registration of electric vehicles
Sindh Excise Minister Mukesh Kumar on Tuesday announced that the registration of electric vehicles (EVs) and motorcycles has begun. The decision has been taken keeping in view the increasing demand of people buying electric vehicles and motorcycles while customers have been facing difficulties due to the delay in the registration process. Earlier in June, in order to implement the decision of the federal cabinet for incentivising electric vehicles, the government has notified exemption of registration fee and motor vehicle tax on two- and three-wheeler and heavy commercial vehicles and four-wheelers…
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