Trends - CO2 - Business Recorder

CO2

9th review struggle with IMF

Since November of last year, Pakistan is still waiting for the release of the next tranche of $1.1 billion from the...

Published 21 May, 2023 04:00am

World

EU Parliament to cast final vote on Europe’s biggest climate policy

STRASBOURG: The European Parliament holds its final vote on Tuesday on whether to approve sweeping reforms to make...

Published 18 Apr, 2023 11:18am

World

‘Big sponge’: new CO2 tech taps oceans to tackle global warming

SAN PEDRO: Floating in the port of Los Angeles, a strange-looking barge covered with pipes and tanks contains a...

Published 17 Apr, 2023 12:33pm

EU strikes deal to boost carbon market, Europe’s biggest climate policy

BRUSSELS: European Union negotiators reached a political deal on Sunday to overhaul the bloc’s carbon market,...

Updated 19 Dec, 2022 09:42am

World

EU strikes deal to ban combustion-engine cars by 2035

BRUSSELS: The European Union on Thursday struck an agreement on legislation to phase out new CO2-emitting vehicles...

Published 28 Oct, 2022 10:52am

Opinion

Germany energy transition needs faster CO2 cuts from autos, industry

Two major pillars of the German economy - its mammoth car market and manufacturing sector - are clear laggards in...

Published 20 Sep, 2022 05:51am

World

Norway’s future CO2 cemetery takes shape

OYGARDEN: On the shores of an island off Norway’s North Sea coast, engineers are building a burial ground for...

Published 04 Sep, 2022 10:09am

World

Industry steps up lobbying ahead of bumper EU climate votes

BRUSSELS: European Union lawmakers have been inundated by lobbyists ahead of votes this week on more ambitious EU...

Published 06 Jun, 2022 10:48am

Markets

EU countries support plan for world-first carbon border tariff

BRUSSELS: European Union countries on Tuesday backed the bloc’s plan to impose a world-first carbon dioxide...

Published 16 Mar, 2022 05:40am

Markets

Global carbon markets value surged to record $851bn

LONDON: The value of traded global markets for carbon dioxide (CO2) permits grew by 164% to a record 760 billion...

Published 01 Feb, 2022 04:07am

Business & Finance

German inflation rises to 28-year high of 4.5%

BERLIN: German consumer prices rose at their fastest pace since 1993 in October on the back of higher energy prices,...

Published 28 Oct, 2021 05:39pm

World

Brazil's Bolsonaro accused of 'crimes against humanity' at ICC

PARIS: Brazilian President Jair Bolsonaro was accused Tuesday of "crimes against humanity" at the International...

Published 12 Oct, 2021 11:00am

World

EU drafts plan to toughen carbon market

BRUSSELS: The European Union is planning to toughen its carbon market to cut emissions faster and put a price on...

Published 28 Jun, 2021 04:38am

World

Gabon paid for protecting forests, in African first

LIBREVILLE: Gabon has become the first African nation to receive a financial reward for protecting its forests as...

Published 23 Jun, 2021 04:26am

Business & Finance

Europe powers up electric car battery drive

European factories could employ 800,000 people, the commission estimates, but they would need to be trained quickly.

Published 20 Jun, 2021 10:34am

World

'No time to waste' warns Japan climate activist

That significantly firmed up Tokyo's climate commitments and was a "major step forward," Hirata said.

Published 16 Jun, 2021 11:34am

Opinion

Big oil may get more climate lawsuits after Shell ruling

A Dutch court’s decision to force Royal Dutch Shell to make deeper, faster cuts to its climate warming emissions ...

Published 29 May, 2021 03:59am

Markets

Dutch court to rule in Shell climate case

The campaigners asked the court during hearings in December to order Anglo-Dutch multinational Shell to reduce emissions by 45 percent by 2030 in order to help achieve that goal.

Published 26 May, 2021 10:34am

World

Germany sets more ambitious climate goals after landmark ruling

BERLIN: The German government said Wednesday it would set more ambitious targets to reduce CO2 emissions after a...

Updated 06 May, 2021 10:18am

World

'Historic' legal blow for Merkel's climate plan amid Green surge

KARLSRUHE, (Germany): Germany's highest court ruled Thursday that the government's flagship climate protection plan...

Updated 30 Apr, 2021 10:33am

ArcelorMittal, Vattenfall form hydrogen consortium with Shell, Airbus, others

FRANKFURT: ArcelorMittal, the world's top steelmaker, and Swedish utility Vattenfall have teamed up with Shell,...

Published 27 Apr, 2021 03:02am

World

CO2 emissions set to surge, IEA warns

The IEA expects both solar and wind to post their largest annual rises ever, at around 17 percent.

Published 20 Apr, 2021 11:22am

Markets

Total postpones South Africa drilling application, consultancy letter says

An official at SLR Consulting confirmed the authenticity of the letter but did not disclose reasons for the delay.

Published 14 Apr, 2021 02:33pm

World

The global race to develop ‘green’ hydrogen

PARIS: It’s seen as the missing link in the race for carbon-neutrality: “green” hydrogen produced without...

Published 05 Apr, 2021 03:56am

Markets

EU carbon market emissions excluding aviation fell 12.6pc in 2020

Around 45% of the European Union's output of greenhouse gases is regulated by the Emissions Trading System (ETS), the bloc's flagship policy to tackle global warming by charging for the right to emit carbon dioxide (CO2).
Emissions from power and heating generation fell by 17.1%, to 632.8 million tonnes, the analysts said on Thursday.

Published 01 Apr, 2021 05:45pm

World

EU experts to decide nuclear power qualifies for green investment label

BRUSSELS: Experts tasked with assessing whether the European Union should label nuclear power as a green investment...

Published 30 Mar, 2021 05:45am

World

Warming drives ‘fundamental’ changes to ocean, scientists warn

PARIS: Climate change has wrought major changes to ocean stability faster than previously thought, according to a...

Published 25 Mar, 2021 05:08am

World

Greenland’s ice melted away at least once in last million years

PARIS: The ice sheet atop Greenland which holds enough frozen water to swamp coastal cities worldwide has melted to...

Published 18 Mar, 2021 03:56am

World

CO2 pollution returns, climate goals at risk: IEA

PARIS: Global CO2 emissions have returned to pre-pandemic levels and then some, threatening to put climate treaty...

Updated 03 Mar, 2021 09:37am

Business & Finance

Betting on death of petrol cars, Volvo to go all electric by 2030

The carmaker's global network of 2,400 traditional bricks-and-mortar dealers will remain open to service vehicles and to help customers make online orders.

Published 02 Mar, 2021 12:22pm

Gainers
Losers
Leaders

Stock	Price
Punjab Mod / Dec 6 First Punjab Modaraba(FPJM)	1.80 ▲ 0.20 (12.50%)
Popular Islamic / Dec 6 Popular Islamic Modaraba(PIM)	10.50 ▲ 1.00 (10.53%)
Bawany Air Products / Dec 6 Bawany Air Products Limited(BAPL)	11.28 ▲ 1.00 (9.73%)
Tri-Star Power / Dec 6 Tri-Star Power Limited(TSPL)	11.88 ▲ 1.00 (9.19%)
Trust Sec.& Brok. / Dec 6 Trust Securities & Brokerage Limited(TSBL)	12 ▲ 1.00 (9.09%)
Nazir Cotton Mills / Dec 6 Nazir Cotton Mills Limited(NCML)	3.91 ▲ 0.31 (8.61%)
First Elite Cap.Mod / Dec 6 First Elite Capital Modaraba(FECM)	3.50 ▲ 0.27 (8.36%)
Sakrand Sugar / Dec 6 Sakrand Sugar Mills Limited(SKRS)	9.94 ▲ 0.71 (7.69%)
Tariq Corporation / Dec 6 Tariq Corporation Limited(TCORP)	19.18 ▲ 1.34 (7.51%)
Matco Foods Ltd / Dec 6 Matco Foods Limited(MFL)	37.86 ▲ 2.64 (7.50%)

Stock	Price
Universal Ins. / Dec 6 The Universal Insurance Company Limited(UVIC)	6.45 ▼ -0.70 (-9.79%)
Power Cem(Pref) / Dec 6 Power Cement (Pref)(POWERPS)	7.80 ▼ -0.80 (-9.30%)
Unicap Modaraba / Dec 6 Unicap Modaraba(UCAPM)	1.81 ▼ -0.16 (-8.12%)
Universal Network (GEM) / Dec 6 Universal Network Systems Limited (GEM)(GEMUNSL)	26.11 ▼ -2.12 (-7.51%)
MithchellsFruit / Dec 6 Mitchells Fruit Farms Limited(MFFL)	225.64 ▼ -18.30 (-7.50%)
Otsuka Pakistan / Dec 6 Otsuka Pakistan Limited(OTSU)	159.25 ▼ -12.91 (-7.50%)
Olympia Mills / Dec 6 Olympia Mills Limited(OML)	16.31 ▼ -1.31 (-7.43%)
F.Credit & Inv / Dec 6 First Credit and Investment Bank Limited(FCIBL)	5.51 ▼ -0.43 (-7.24%)
Philip Morris Pak. / Dec 6 Philip Morris (Pakistan) Limited(PMPK)	510.70 ▼ -39.30 (-7.15%)
Saif Textile / Dec 6 Saif Textile Mills Limited(SAIF)	10.22 ▼ -0.77 (-7.01%)

Stock	Volume
Cnergyico PK / Dec 6 Cnergyico PK Limited(CNERGY)	58,087,694 ▲ 0.24
WorldCall Telecom / Dec 6 Worldcall Telecom Limited(WTL)	57,079,786 ▲ 0.01
Fauji Cement / Dec 6 Fauji Cement Company Limited(FCCL)	41,984,500 ▲ 0.28
Pak Refinery / Dec 6 Pakistan Refinery Limited(PRL)	30,480,397 ▲ 1.12
P.T.C.L. / Dec 6 Pakistan Telecommunication Company Ltd(PTC)	28,170,500 ▲ 0.47
Hascol Petrol / Dec 6 Hascol Petroleum Limited(HASCOL)	26,337,000 ▲ 0.36
Fauji Foods Ltd / Dec 6 Fauji Foods Limited(FFL)	26,128,740 ▲ 0.52
Oil & Gas Dev. / Dec 6 Oil & Gas Development Company Limited(OGDC)	23,810,103 ▼ -1.28
Pak Petroleum / Dec 6 Pakistan Petroleum Limited(PPL)	23,518,237 ▼ -0.58
Maple Leaf Cement / Dec 6 Maple Leaf Cement Factory Limited(MLCF)	22,423,667 ▲ 0.19

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Stock	Volume

Item	Value

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