Poland turns to fossil fuel soulmate Trump as coal output flags
"Whenever you need energy, just give us a call," US President Donald Trump said on a visit to Poland in the summer. Now, with winter setting in, Warsaw is taking…
Bio-fuels and our exports
Pakistan’s current account deficit has created many problems for the economy. The country’s major imports are from the oil sector. There is a misplaced notion that nothing can be done…
End of fossil fuel era in sight
Worldwide fossil fuel use could end as early as 2050. By then renewable energy could entirely power the countries that today account for more than 99% of all energy use,…
Profit vs planet
Climate change is a ticking time bomb, wreaking havoc globally. Rapid urbanisation, industrial development and excessive consumerism have put huge pressure on natural resources. Under these circumstances, an important question…
The sun rises on the power grid
The economic landscape constantly evolves through innovation and obsolescence – a process economist Joseph Schumpeter called ‘creative destruction’. New technologies and models replace outdated ones, as seen in the historical…
A fund for the frontlines?
The fifth meeting (B5) of the Board of the Fund for Responding to Loss and Damage (FRLD) has concluded in Bridgetown, Barbados, with a decision to launch the start-up phase…
Green or gone? Our carbon challenge
It is no secret that Pakistan has been battered by an economic crunch for decades now. The investment climate is in the doldrums, as evidenced by the low investment-to-GDP rate…
Visionary effort
The launch of the URAAN Pakistan framework began a debate in economic and political circles. While some critics discard it as yet another policy intervention attempt with limited implementation prospects,…
Our carbon bill is coming due
The European Union’s introduction of the Carbon Border Adjustment Mechanism (CBAM) is a significant development in global trade and climate policy. Under the CBAM, starting in 2023, importers to the…
Solar flipflops and the energy crisis
Pakistan’s energy landscape is in upheaval. The government’s recent slash of the net?metering buyback rate -- from Rs27 to Rs10 per unit -- has sparked fierce debate. Awais Leghari, the…
