General Motors has spent billions over decades trying to blaze an electric trail, releasing pioneering EVs and hybrids that ultimately failed to achieve mass-market sales before being scrapped. This time…
Federal subsidies in Pakistan, particularly those directed towards the power sector, have raised significant concerns regarding transparency, effectiveness, and their impact on poverty alleviation. For the fiscal year 2023-24, the…
Pakistan’s power sector continues to be heavily reliant on government subsidies, a mechanism intended to keep electricity affordable for consumers. However, the State of Industry Report 2024 by Nepra paints…
Subsidies, especially those extended to poor people in Western and developed states, have always been resented by free market advocates who argue they amount to encouraging people to be sluggish,…
Lakshmi Narayan was one of the first to see the light: in 2020 the engineer put solar panels on his roof in India’s Bhopal city, becoming a clean energy pioneer…
Media personnel were way more insistent on manifestoes from the three national parties in the run up to the 8 February elections than the general public – a demand met…
While headlines are dominated by the politics of power, a significant proportion of the country’s population is struggling to put food on the table. And, as an economic catastrophe unfolds,…
Confronted by competition from Washington’s vast green tech investment plan, European leaders are scrambling to loosen their own subsidy rules and redeploy an array of investment funds. Thursday’s summit of…
The years 2020 and 2021 will be remembered both due to the deadly pandemic and the vast fluctuations in global energy demand and its prices. In 2020, global demand for…
Prime Minister Imran Khan has directed his adviser on finance Dr Hafeez Shaikh to form a “special cell” to review subsidies of billions of rupees being extended to different sectors…
