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CO2 emissions

Five countries seek to delay EU fossil fuel car phase-out

BRUSSELS: Italy, Portugal, Slovakia, Bulgaria and Romania want to delay a European Union plan to effectively ban the...

Published 25 Jun, 2022 04:42am

Opinion

Apply the new development philosophy for high-quality development

(— First part of the “China in the past decade” series) The past decade since the 18th National Congress of ...

Published 17 Jun, 2022 06:37am

Business & Finance

‘Pro-HEVs policies can bring substantial savings’

KARACHI: Pakistan can achieve substantial savings due to policies favouring Hybrid Electric Vehicles (HEVs). The...

Published 12 Jun, 2022 06:55am

Editorials

Damping down the wildfires

EDITORIAL: Raging wildfires are a global challenge. While these wildfires have been quenched or damped down at some...

Published 12 Jun, 2022 06:55am

World

Cracking down on plastic waste: ‘Dubai Can’, but what about Pakistan?

On a mission to reduce plastic waste, the Dubai Can initiative features, among other things, water stations ...

Updated 21 Apr, 2022 01:42pm

Business & Finance

Hydrogen planes not enough to green aviation: study

PARIS: The aviation industry looks at hydrogen-fuelled planes as a solution to decarbonise the sector, but a report...

Published 26 Jan, 2022 12:16pm

Business & Finance

Steady need for new planes despite pandemic: Airbus

DUBAI: The pandemic will have no long-term impact on the need for new aircraft, according to a market outlook...

Published 14 Nov, 2021 04:12am

Markets

West Africa's largest solar plant opened

LOME: Togo has inaugurated the largest solar plant in West Africa, in a push to increase access to electricity and...

Published 28 Jun, 2021 04:38am

Business & Finance

Japan's SMFG to halt all new financing of coal-fired power plants

The move by Japan's second largest bank by assets comes after Prime Minister Yoshihide Suga announced last month that the country aims to nearly double its target for cutting carbon emissions and as governments and companies globally move towards decarbonisation.

Published 12 May, 2021 05:47pm

Markets

Renewable energy powers ahead in 2020: report

Installation of new photovoltaic solar panels should also continue to break records, hitting 160 GW by 2022.

Published 11 May, 2021 10:12am

Technology

HP commits to reducing its emissions by half this decade

HP has pledged to reduce its greenhouse gas emissions by half during this decade.
The company hopes to reach net zero emissions by 2040 and push its suppliers towards more environment-friendly practices as well.

Updated 20 Apr, 2021 08:29pm

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

Business & Finance

Germany awards second round of permits to close hard coal plants

Germany has promised to abandon coal by 2038 and achieve a mostly carbon-free energy system by 2050, but it is also trying to lessen the impact on utilities, regions, employment and the public budget.
The regulator sets a maximum price per MW of capacity to cap the public sector bill. The ultimate price takes into account bidders' offers and the CO2 emissions of the plants in question.

Published 01 Apr, 2021 07:58pm

World

Top court upholds Canada’s federal carbon tax

OTTAWA: The Supreme Court of Canada on Thursday upheld a national carbon tax that is the centrepiece of Prime...

Published 29 Mar, 2021 06:05am

Markets

Energy firms seize on carbon tech, environmental goals to build new businesses

HOUSTON: Major energy companies are turning their carbon sequestration technologies and projects into business...

Published 29 Mar, 2021 06:05am

World

EU experts to say nuclear power qualifies for green investment label: document

The European Commission is attempting to finish its sustainable finance taxonomy, which will decide which economic activities can be labelled as a sustainable investment in the EU, based on whether they meet strict environmental criteria.
The Commission asked the Joint Research Centre (JRC), its scientific expert arm, to report on the issue.

Published 27 Mar, 2021 08:49pm

Technology

Nissan makes breakthrough with engine in reducing CO2 emissions

The development would improve fuel consumption by 25% over the 40% thermal efficiency level in the upcoming e-POWER engine, the company said.
Toshihiro Hirai told reporters that the automaker is maximising the thermal efficiency of e-POWER in order to reduce CO2 emissions while driving.

Updated 26 Feb, 2021 05:07pm

Business & Finance

Volkswagen faces EU fine for missing 2020 emissions targets

Volkswagen is reducing the combustion-engined cars it offers and retooling more factories to build electric vehicles in an effort to keep up with electric carmaker Tesla.

Published 21 Jan, 2021 06:25pm

Markets

Mitsubishi Motors to focus on hybrids in SE Asia, part of regional 'electrification' push

The gasoline-fueled Xpander car has been sold in the region since 2017, starting with Indonesia and later the Philippines, Thailand, Vietnam and Malaysia.

Published 21 Dec, 2020 09:30am

Markets

Global coal demand to rise 2.6% in 2021 after record decline this year: IEA

Coal is a key driver of CO2 emissions and governments around the globe have pledged carbon neutrality in the next decades, including China, which has set its target for before 2060.

Published 18 Dec, 2020 11:31am

World

EU leaders to unblock EU budget, recovery fund, set new climate goals

This could push the application of the new rules past the 2022 elections in Hungary, which some EU officials said Hungarian Prime Minister Viktor Orban was keen on.

Published 10 Dec, 2020 11:16am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 27 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 27 Al-Abbas Sugar Mills Limited(AABS)	269.86 ▼ 0.00 (0.00%)
Agro Allianz / Jun 27 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 27 Allied Bank Limited(ABL)	68.99 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 27 Abbott Laboratories (Pakistan) Limited(ABOT)	637.11 ▼ 0.00 (0.00%)
Abson Ind. / Jun 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 27 Alfalah Consumer Index ETF.(ACIETF)	7.70 ▼ 0.00 (0.00%)
Attock Cement / Jun 27 Attock Cement Pakistan Limited(ACPL)	69.85 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 27 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 27 Al-Abbas Sugar Mills Limited(AABS)	269.86 ▼ 0.00 (0.00%)
Agro Allianz / Jun 27 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 27 Allied Bank Limited(ABL)	68.99 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 27 Abbott Laboratories (Pakistan) Limited(ABOT)	637.11 ▼ 0.00 (0.00%)
Abson Ind. / Jun 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 27 Alfalah Consumer Index ETF.(ACIETF)	7.70 ▼ 0.00 (0.00%)
Attock Cement / Jun 27 Attock Cement Pakistan Limited(ACPL)	69.85 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 24	207.70
USD PKR Interbank Buying / Jun 24	207.50
USD to Japanese Yen / Jun 24	135.23
USD to Swiss Franc / Jun 24	0.96
Pound Sterling to USD / Jun 24	1.23
Euro to USD / Jun 24	1.06
UK LIBOR % / Jun 24	1.57

Stock	Volume
S&P 500 / Jun 24	3911.74
India Sensex / Jun 24	52727.98
Tokyo Nikkei / Jun 24	26491.97
Nasdaq / Jun 24	11607.62
Hang Seng / Jun 24	21719.06
FTSE 100 / Jun 24	7208.81
Dow Jones / Jun 24	31500.68
Germany DAX 30 / Jun 24	13118.13
France CAC40 / Jun 24	6073.35

Item	Value
Crude Oil USD/Barrel / Jun 24	107.62
Karachi Cotton PKR/37.32 KG / Jun 24	21180.00
Gold 10 Grams PKR / Jun 24	122300.00
Gold Spot USD/Ounce / Jun 24	1826.88
Cotton US¢/pound / Jun 24	98.05

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