Speaking at the Climate Ambition Summit, Prime Minister Imran Khan took a clear position that Pakistan will not be utilising coal for power generation, and that indigenous coal would be used to produce energy either through ‘coal to liquid’, or through ‘coal to gas’, such that coal does not have to be burned. The idea is a moonshot, but with the right set of policy actions, and direction, it is certainly possible. Pakistan has one of the largest lignite reserves in the world at Thar Coalfields, which it started mining…
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Competitive power market consultation begins tomorrow
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) will begin on Tuesday (tomorrow) public consultation over a plan it had approved last month to set off operations of wholesale competitive electricity market in April 2022. The design and implementation plan of the Competitive Trading Bilateral Contract Market (CTBCM), which was approved last month, entails action plans from institutional restructuring and strengthening the policy and regulatory framework, with its main objective being gradually introducing competition through non-discriminatory open access for all market participants and bringing transparency, predictability and credibility in the…
Read MoreFirst Turkey-China freight train reaches its destination in historic trip
In a major milestone, the first train carrying goods from Turkey to China has reached its destination, Turkey’s transport and infrastructure minister said. “Announcing Turkey’s power in logistics to the world from every city it passed through, the China Export Train is our victory in rail transport,” Adil Karaismailoglu wrote on Twitter. The train set off from Istanbul on December 4 and covered a distance of 8,693 kilometres across Turkey, Georgia, Azerbaijan, the Caspian Sea, and Kazakhstan to reach China’s Xi’an city. It followed the Trans Caspian East-West Middle Corridor…
Read MorePakistan’s arid climate and rocky deserts may seem an unlikely place to look for a green revolution, but the nation of more than 200 million people has begun one of the world’s largest reforestation programs. The government is in the first phase of planting 3.25 billion trees at an estimated cost of around Rs 105 billion ($650 million), Malik Amin Aslam, minister for climate change said in an interview. Prime Minister Imran Khan wants to extend that to almost 10 billion by the time his term in office ends in…
Read MoreCoronavirus vaccine: Wealthy patients in Southern California offering top dollar to cut in line
LOS ANGELES — While the nation continues to see record levels of new COVID-19 cases, hospitalizations and deaths, wealthy patients in Southern California — the epicenter of the state’s COVID-19 crisis — are offering to pay top dollar to cut the line and be among the first to receive a vaccine. At a number of concierge medical practices in Southern California, doctors say they’ve received calls from their well-off clients asking if they can have early access to the extremely limited supply of vaccine doses in exchange for a financial…
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