Germany and Austria came out strongly against the European Union proposal to classify some natural-gas and nuclear projects as sustainable investments, with both countries accusing the bloc of “greenwashing.” In Berlin, the Greens — who joined Germany’s new ruling coalition following September’s election — criticized the regulatory plan as damaging the credibility of the EU green rulebook, known as taxonomy,…
Read MoreDay: January 4, 2022
Azam takes charge as PM’s aide
Prime Minister Imran Khan has appointed Azam Jamil as his Special Assistant for Tourism Coordination. With an illustrious career in the hospitality and tourism industry starting with Intercontinental Hotels in the mid-seventies and spanning well over four decades, Azam has been responsible for spearheading some of the key projects and institutions that shape Pakistan’s tourism industry in the present day.…
Read MoreHaque Nawaz joins board of Gas & Oil Pakistan
Haque Nawaz has joined the Board of Directors of Gas & Oil Pakistan Ltd. He holds master’s degrees in Business Administration and Organic Chemistry. Mr Nawaz is a director at the board of Bank of Azad Jammu & Kashmir since June 2021 and has previously worked as the acting Auditor General of Pakistan. He also served as Joint Secretary as…
Read MoreREAP, PSA demand immediate withdrawal of tax proposal to impose 17pc GST on renewable energy equipment in Pakistan
KARACHI: Both the Renewable & Alternative Energy Association of Pakistan (REAP) and the Pakistan Solar Association (PSA) have urged the federal government to immediately withdraw its proposal to impose 17 per cent GST on solar and wind power generation equipment as otherwise Pakistan’s continuing drive to ensure its energy security through clean power sources would be severely compromised. A press…
Read More85 locations identified for EV charging stations at motorways
There are up to 85 locations across motorways, which are available for the development of DC-fast charging infrastructure for Electric Vehicles (EVs) to prevent ‘range-anxiety’ in adoption of modern electric cars in the country, a report identified. Titled ‘Developing Electric Vehicle Charging Infrastructure Across Highways and Motorways of Pakistan’, the report was prepared to highlight the issues and potential being…
Read MorePrice of compromised sovereignty
The most recent wake-up call for the Pakistani elite was last week’s mini budget. Nearly every aspect of this mini budget exposes a profound crisis at the heart of what is and what will be Pakistan for the over 110 million Pakistanis below the age of 23. Let’s count some of the more obvious crises to begin with. Shaukat Tarin,…
Read MoreSSGCL facing 250mmcfd shortfall
Sui Southern Gas Company Ltd (SSGCL) has said that it is facing a shortfall of around 240-250 million cubic feet per day (mmcfd) of gas primarily because of depleting indigenous supplies and constant increase in demand. Clarifying a news report published in Dawn’s Jan 2 issue under the headline ‘Eight-hour gas supply hampering Karachi export industry’, the gas utility said…
Read MoreImposition of 17pc tax on solar energy equipment assailed
The government’s decision to impose 17 per cent sales tax on solar panels, inverters and related equipment will jeopardise the very essence of the National Renewable Energy Policy which aims to acquire a 30 per cent share of renewables in energy mix by 2030. Pakistan Solar Association chairman Rana Ghulam Abbas said the increase in prices of solar energy systems/equipment…
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