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May 23, 2022 PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

fossil fuels

China’s energy crunch
BR Research

China’s energy crunch

Energy crises are snarling at economies in almost every part of the globe, and prices of fossil fuels are going...
Published 07 Oct, 2021 07:35am
India's Reliance to invest over $10bn in green energy business
Business & Finance

India's Reliance to invest over $10bn in green energy business

  • Reliance's plan mirrors strategies of global oil majors such as Royal Dutch Shell Plc and BP Plc that have set a goal to become net zero carbon by 2050 amid pressure from investors and climate activists.
  • It will also invest 150 billion rupees in value chain and other partnerships relating to its new renewable energy business, he said.
Published 24 Jun, 2021 07:34pm
Oil industry lobby weighs support of carbon pricing
Business & Finance

Oil industry lobby weighs support of carbon pricing

  • The American Petroleum Institute, which includes most of the world's biggest oil companies, is considering endorsing carbon pricing "among other policy solutions to reduce emissions and reach the ambitions of the Paris Agreement,"
  • A draft statement of the policy shift reviewed by the Wall Street Journal said the group does not endorse a specific carbon pricing tool such as a tax on carbon emissions or emissions trading scheme.
Published 02 Mar, 2021 08:46pm
IEA launches global group to tackle fallout from energy transition
Markets

IEA launches global group to tackle fallout from energy transition

  • The commission, chaired by Denmark, will include energy ministers from Canada, Norway, Mexico and Oman.
  • We believe the real success of this transition is critically hinging on whether or not citizens will benefit from the opportunities and how we navigate the disruptions of clean energy transitions.
Published 26 Jan, 2021 08:59pm