Trends - CO2 emissions - Business Recorder

CO2 emissions

Stark warning on emissions as leaders divided

BAKU: Global leaders offered competing visions on how to tackle climate change at UN-led talks on Wednesday as a new...

Published 14 Nov, 2024 06:30am

World

Climate impacts set to cut 2050 global GPD by nearly a fifth

PARIS: Climate change caused by CO2 emissions already in the atmosphere will shrink global GDP in 2050 by about $38...

Published 22 Apr, 2024 04:39am

Editorials

No end to climate troubles

EDITORIAL: Earlier predictions about the effects of climate change are turning out to be so frighteningly true that...

Published 21 Apr, 2024 04:10am

Markets

Energy-related CO2 emissions hit record levels in 2023: IEA

PARIS: Energy-related carbon dioxide emissions rose to a record level in 2023, but the growth slowed from previous...

Published 01 Mar, 2024 11:48am

World

World could breach 1.5C warming threshold in 7 years: study

PARIS: The world may cross the crucial 1.5C global warming threshold in seven years as fossil fuel CO2 emissions...

Published 05 Dec, 2023 04:28pm

Markets

Thyssenkrupp posts $2.3bn impairment on steel division

FRANKFURT/DUESSELDORF: Germany’s Thyssenkrupp on Wednesday unveiled a 2.1 billion euro ($2.3 billion) impairment on...

Published 22 Nov, 2023 11:49am

Opinion

Net zero and Pakistan’s energy system: no more business as usual

Net Zero is an international agreement for climate action that aims to achieve a balanced state of greenhouse gases...

Updated 30 Oct, 2023 06:07am

Markets

G20 per capita CO2 emissions from coal rise 7pc

SINGAPORE: Group of 20 nations have increased per capita emissions nearly 7% from coal-fired power since 2015, with...

Published 06 Sep, 2023 03:37am

Opinion

Pain and gain for industry as EU carbon hits 100 euros

Europe’s carbon price hit a record 100 euros ($106) per tonne on Tuesday, a long-awaited milestone that boosts the...

Published 22 Feb, 2023 03:30am

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

Business & Finance

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	155.22
USD to Swiss Franc / Dec 18	0.90
Pound Sterling to USD / Dec 18	1.26
Euro to USD / Dec 18	1.04

Stock	Volume
S&P 500 / Dec 18	5,872.16
India Sensex / Dec 18	79,372.61
Tokyo Nikkei / Dec 18	38,741.83
Nasdaq / Dec 18	19,392.69
Hang Seng / Dec 18	19,666.12
FTSE 100 / Dec 18	8,199.11
Dow Jones / Dec 18	43,326.87
Germany DAX 30 / Dec 18	20,242.57

Item	Value
Crude Oil USD/Barrel / Dec 18	70.19
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold 10 Grams PKR / Dec 18	241,945.20
Gold Spot USD/Ounce / Dec 18	2,609.22
Cotton US¢/pound / Dec 18	68.06
Petrol/Litre / Dec 19	252.10

Gainers
Losers
Leaders

Stock	Price
First AL-Noor Mod. / Dec 19 First Al-Noor Modaraba(FANM)	3.79 ▲ 0.56 (17.34%)
S.G.Power / Dec 19 S.G. Power Limited(SGPL)	10.17 ▲ 1.00 (10.91%)
Popular Islamic / Dec 19 Popular Islamic Modaraba(PIM)	13.48 ▲ 1.23 (10.04%)
Attock Cement / Dec 19 Attock Cement Pakistan Limited(ACPL)	285.20 ▲ 25.93 (10.00%)
Data Agro / Dec 19 Data Agro Limited(DAAG)	153.16 ▲ 13.92 (10.00%)
Liven Pharma / Dec 19 Liven Pharma Limited(LIVEN)	77.33 ▲ 7.03 (10.00%)
Pak Datacom / Dec 19 Pak Datacom Limited(PAKD)	114.33 ▲ 10.39 (10.00%)
Sardar Chemical / Dec 19 Sardar Chemical Industries Limited(SARC)	37.95 ▲ 3.45 (10.00%)
Al-Khair Gadoon / Dec 19 Al-Khair Gadoon Limited(AKGL)	46.35 ▲ 4.21 (9.99%)

Stock	Price
LSE Financial Serv. / Dec 19 LSE Financial Services Limited(LSEFSL)	18.06 ▼ -2.01 (-10.01%)
Sindh Abadgar / Dec 19 Sindh Abadgar's Sugar Mills Limited(SASML)	40.47 ▼ -4.50 (-10.01%)
First Tri-Star Mod. / Dec 19 First Tri-Star Modaraba(FTSM)	12.60 ▼ -1.40 (-10.00%)
Trust Sec.& Brok. / Dec 19 Trust Securities & Brokerage Limited(TSBL)	9.55 ▼ -1.00 (-9.48%)
Imperial Limited / Dec 19 Imperial Limited(IML)	18.25 ▼ -1.91 (-9.47%)
Nazir Cotton Mills / Dec 19 Nazir Cotton Mills Limited(NCML)	11.51 ▼ -1.20 (-9.44%)
AL-Noor Sugar / Dec 19 Al-Noor Sugar Mills Limited(ALNRS)	81 ▼ -8.35 (-9.35%)
Mari Petroleum / Dec 19 Mari Petroleum Company Limited(MARI)	661.50 ▼ -67.28 (-9.23%)
Hoechst Pak. / Dec 19 Hoechst Pakistan Limited(HPL)	2,506 ▼ -252.82 (-9.16%)

Stock	Volume
WorldCall Telecom / Dec 19 Worldcall Telecom Limited(WTL)	139,290,885 ▼ -0.05
Cnergyico PK / Dec 19 Cnergyico PK Limited(CNERGY)	67,462,895 ▼ -0.11
B.O.Punjab / Dec 19 The Bank of Punjab(BOP)	60,162,802 ▼ -0.14
Pak Refinery / Dec 19 Pakistan Refinery Limited(PRL)	54,507,413 ▼ -0.33
Pak Elektron / Dec 19 Pak Elektron Limited(PAEL)	50,144,684 ▲ 0.35
K-Electric Ltd. / Dec 19 K-Electric Limited(KEL)	46,773,842 ▼ -0.11
Sui South Gas / Dec 19 Sui Southern Gas Company Limited(SSGC)	41,964,816 ▲ 2.51
Aisha Steel Mill / Dec 19 Aisha Steel Mills Limited(ASL)	36,868,206 ▲ 0.14
Fauji Foods Ltd / Dec 19 Fauji Foods Limited(FFL)	21,856,915 ▼ -0.20

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