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Technology transfer with easy and duty-free access to American markets is a must in a bid to achieve a quantum jump in bilateral trade and in this connection serious efforts are being made by both sides, said US Consul General in Lahore Catherine Rodriguez. Speaking at a Zoom meeting with Faisalabad Chamber of Commerce and Industry (FCCI) President Hafiz Ihtasham Javed, she said that some American investors were exploring opportunities to assemble electric vehicles (EV) in Pakistan. She acknowledged that law and order situation had improved considerably in Pakistan and…

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Sino-Pak biomass energy’s cooperation could help to mitigate climate change, said Zhang Dayong, secretary-general of the Biomass Energy Industry Part Association (BEIPA).Biomass energy cooperation could be a new starting point between the two countries under CPEC, he said in an interview to Gwadar Pro. He viewed that the de-coal initiative launched by PM Imran Khan requires the country to develop clean energy to fill the energy gap.According to Zhang Dayong, biomass energy, generated by utilizing effluent and waste, has become one of the most commonly used renewable sources of energy…

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Saudi Arabia’s crown prince unveiled plans on Sunday to build a zero-carbon city at Neom, the first major construction project for the $500 billion flagship business zone aimed at diversifying the economy of the world’s largest oil exporter. Prince Mohammed bin Salman, in a rare televised appearance, said the city, known as “The Line”, would extend over 170 kilometres and be able to house a million residents in “carbon-positive urban developments powered by 100 per cent clean energy”. “Why should we sacrifice nature for the sake of development?” Prince Mohammed…

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KARACHI: The National Transmission and Despatch Company (NTDC) on Sunday night claimed that it has “fully restored” its transmission system whose fault on Saturday night threw the entire country into darkness. “The NTDC grid stations of 220kV and 500 kV and transmission system have been fully restored across the country,” the NTDC spokesman said in a press statement. “Power has been restored in Peshawar, Islamabad, Jhelum, Gujarat, Sargodha, Sialkot, Faisalabad, Gujranwala, Lahore, Sheikhupura, Okara, Sahiwal, Multan, Rahim Yar Khan, Bahawalpur, Dharki, Guddu, Rohri, Shikarpur, Dera Murad Jamali, Sibi and Quetta…

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Prime Minister Imran Khan has recently announced that there will be no more coal-based power plants in Pakistan. International climate lobbies have welcomed the statement but domestic energy circles or at least parts of them are not happy. Many people believe that Pakistan’s carbon footprint is too little and say we have vast coal reserves in Thar, which we have only begun to exploit and a lot needs to be done in this respect. The statement may be corrected or adjusted in coming days on technical advice from other parts of the…

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