Trends - carbon emissions - Business Recorder

carbon emissions

Banks get carbon emissions standard they sought for stock, bond deals

LONDON: Banks will need to account for a third of the emissions linked to their capital markets deals when they...

Published 02 Dec, 2023 05:09am

Govt mulling slapping carbon tax on exports to EU

ISLAMABAD: The government is mulling imposing carbon tax on exports to the European Union (EU) to deal with Carbon...

Updated 16 Oct, 2023 08:45am

World

Saudi should ‘review’ emissions targets

RIYADH: Saudi Arabia should review its goals for lowering carbon emissions and consider adopting targets to be met...

Published 09 Jul, 2023 03:47pm

Business & Finance

Carbon-reduction target: Global maritime sector agrees deal

LONDON: The International Maritime Organization, overseer of the highly-polluting shipping industry, sealed a...

Published 08 Jul, 2023 06:20am

Danish minister may arrive this week

ISLAMABAD: Danish Minister for Development Cooperation and Global Climate Policy, Dan Jorgensen is likely to visit...

Updated 12 Jun, 2023 12:16pm

Perspectives

Renewable energy and EVs: time is running out

Pakistan is the third most vulnerable country to climate change, which is slowly inflicting heavy damage on the...

Updated 07 Mar, 2023 09:07pm

Pakistan

Why our people with no involvement in carbon emission suffered: Murad

KARACHI: Chief Minister Sindh Syed Murad Ali Shah has said that people of Pakistan, particularly of Sindh are...

Published 31 Oct, 2022 07:34am

Pakistan

Heavy price paid by country: Pakistan should be compensated for carbon emission crimes of other states: PDP chief

KARACHI: Pasban Democratic Party (PDP) Chairman Altaf Shakoor has said the recent ‘monsoons on steroids’ are...

Published 04 Sep, 2022 06:17am

World

US Supreme Court limits federal power to curb carbon emissions

Ruling to undermine President Joe Biden's plans to tackle climate change

Published 30 Jun, 2022 09:17pm

Markets

Canada overestimating hydrogen’s potential cut carbon emissions

CALGARY: Canada has overestimated how much using hydrogen could reduce greenhouse gas emissions over the next ...

Published 27 Apr, 2022 05:19am

Markets

CDC Group, Gul Ahmed Metro Group forge joint venture to scale renewable power in Pakistan

Will mitigate Pakistan’s carbon emissions, cutting 728,000 tonnes of carbon dioxide per year for the planet

Published 03 Feb, 2022 05:45pm

World

Indian refiner HPCL eyes net zero carbon emissions by 2040

NEW DELHI: Indian state refiner Hindustan Petroleum Corp is working on a plan for net zero carbon emissions by 2040,...

Published 31 Jan, 2022 07:35pm

World

China releases five-year green development plan for industrial sectors

BEIJING: China's industry ministry on Friday unveiled a five-year plan aimed at the green development of its...

Published 03 Dec, 2021 10:30am

Opinion

Glasgow: industrial canal's climate-fighting future

Glasgow was a vital cog in the machine of Britain's Industrial Revolution, which brought the baleful impact of ...

Published 14 Nov, 2021 04:12am

World

Saudi Aramco sets 2050 zero carbon emissions target

Saudi Aramco will achieve an ambition of being also a net zero from our operation by 2050, says Amin Nasser

Updated 23 Oct, 2021 06:07pm

World

Top crude exporter Saudi Arabia says aiming for zero carbon emissions by 2060

RIYADH: Top crude exporter Saudi Arabia will aim to achieve net zero carbon emissions by 2060, its de facto ruler...

Published 23 Oct, 2021 01:53pm

Pakistan

20pc carbon emissions already reduced under NDC: SAPM

ISLAMABAD: Special Assistant to Prime Minister (SAPM) on Climate Change Malik Amin Aslam Khan on Saturday said...

Published 17 Oct, 2021 04:41am

Business & Finance

Chevron triples low-carbon investment, pledges $10 billion through 2028

"With the anticipated strong cash generation of our base business, we expect to grow our dividend, buy back shares and invest in lower carbon businesses," Chief Executive Michael Wirth says

Published 14 Sep, 2021 04:49pm

Business & Finance

Surge in electric vehicle sales power lithium prices as shortages loom

"Right now it's very simple: the market is so tight that players are fiercely competing for any spot tonnage available," says Max Deudon

Updated 13 Sep, 2021 07:01pm

Markets

China’s July crude steel output falls

BEIJING: China’s crude steel output fell in July to the lowest monthly level since April 2020 as authorities...

Published 17 Aug, 2021 04:42am

Business & Finance

Indian carmakers seek extra year to meet fuel efficiency rules

NEW DELHI: Indian automakers are seeking an extra year to meet tighter rules on fuel efficiency, aimed at reducing...

Published 04 Aug, 2021 04:14am

Pakistan

PM launches countrywide monsoon plantation drive

Says people should participate in the tree plantation campaign to enhance the country's forest cover
Directs authorities to ensure plantation at empty spaces in cities

Updated 26 Jul, 2021 01:36pm

Markets

Covid recovery to drive all-time emissions high: IEA

The IEA's Sustainable Recovery Tracker found that just $380 billion of this had been provided for clean energy projects

Published 20 Jul, 2021 10:11am

World

Global warming blamed for 1 in 3 heat-related deaths

PARIS: More than a third of summer heat-related fatalities are due to climate change, researchers said Monday,...

Published 01 Jun, 2021 04:59am

Business & Finance

Russia's first LNG refuelling ship completes sea trials

"The next stage will be the testing of systems for loading, storing and discharging of LNG," it said.
The shipping sector is under pressure to reduce carbon emissions and last year adopted stricter rules on sulphur content in marine fuel.

Published 28 May, 2021 07:06pm

World

Dutch court orders Shell to deepen carbon cuts in landmark case

Court tells Shell to cut emissions by 45% by 2030.
Ruling says Shell's current targets 'not enough'.
Shell can appeal verdict.
FACTBOX: Big Oil's climate targets.

Published 26 May, 2021 08:15pm

World

Merkel rejects bringing forward Germany's exit from coal

"Those affected need some reliability on the path to climate neutrality," Merkel said. "I don't want to unravel this again after one year."
Climate activists say that without an earlier coal phase-out, the more ambitious climate protection targets which Merkel's government just agreed on cannot be achieved.

Published 15 May, 2021 05:53pm

Business & Finance

ArcelorMittal looking for partners, subsidies for cleaner steelmaking in Germany

Company wants to build up innovative processes.
Needs funding for technologies to curb CO2.
Wants carbon border tax to shield EU from CO2-heavy steel.

Published 26 Mar, 2021 06:03pm

Business & Finance

PetroChina expects its carbon emissions to peak around 2025

Spending on greener products including wind, solar, geothermal and hydrogen power will expand "significantly year on year," Dai said, without giving detail.
He said the next five-to-10 years would be "the window for energy transitions" and the company was working on precise timelines.

Published 25 Mar, 2021 06:40pm

Business & Finance

Chinese steelmaker HBIS aims to reach carbon emissions peak in 2022

State-owned HBIS follows bigger rival China Baowu Steel Group in setting a 2050 carbon neutral goal. Baowu had said in January it aimed to achieve the feat after reaching peak emissions in 2023.
China, the world's largest steel market and biggest polluter, has vowed to reach a peak in national in carbon dioxide emissions by 2030 and become carbon neutral before 2060.

Published 12 Mar, 2021 07:11pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 23	278.42
USD PKR Interbank Buying / May 23	278.22
USD to Japanese Yen / May 23	156.74
USD to Swiss Franc / May 23	0.91
Pound Sterling to USD / May 23	1.27
Euro to USD / May 23	1.08

Stock	Volume
S&P 500 / May 22	5307.01
Nasdaq / May 22	16801.54
Dow Jones / May 22	39671.04
India Sensex / May 23	74667.86
Tokyo Nikkei / May 23	39034.80
Hang Seng / May 23	18845.59
FTSE 100 / May 23	8373.47
Germany DAX 30 / May 23	18748.98

Item	Value
Crude Oil USD/Barrel / May 23	76.94
Karachi Cotton PKR/37.32 KG / May 23	19935
Gold 10 Grams PKR / May 23	207476
Gold Spot USD/Ounce / May 23	2362.37
Cotton US¢/pound / May 23	79
Petrol/Litre / May 24	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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