Expressing displeasure over the slow pace of the government's scheme on compressed biogas "SATAT", the Parliamentary Standing Committee on Petroleum and Natural Gas has noted that it is "burdened by lack
a committee set up on March 5, 2007, to investigate a toxic spill by a paint manufacturing unit in south Kashipur near Agartala, submitted its report on March 22 after failing to meet the original
Although the Ambani brothers have parted ways, Anil Ambani and Mukesh Ambani are busy in their pursuit to expand their businesses in the energy sector. While Anil is taking the nuclear route, Mukesh
Conventional thinking has it that combating climate change will be a drain on the global economy. But Barclays Capital, a leading investment bank in the us, has recently said that combating
COLOMBO: In the face of impending electricity rate hikes, President Mahinda Rajapaksa has urged authorities to look into cheaper alternative power generating avenues to overcome the crisis, without placing the full burden on the public. The President has made these observations at the 17th session of the National Economic Council on Friday, where an extensive discussion took place to find viable answers to overcome the power crisis. The President has stressed the importance of completing the construction of Norochcholai coal power plant by 2010, and looking at other renewable natural resources such as the wind to generate power, without heavily depending on fuel. It had been noted that since the Government withdrew its subsidy on fuel where a litre of petrol was provided at Rs.55 to the CEB, the Board had suffered huge losses and had no alternative but to increase the tariff. Attention was also drawn to expedite oil exploration to gain maximum benefits to the country. The authorities pointed out that the Government was still providing the kerosene subsidy at a loss of Rs.300 million monthly. Decisions were also taken to expedite matters regarding water management while imposing tough regulatory measures to arrest abuse.
Prime Minister for alternative energy sources to reduce fuel bill ISLAMABAD (February 22 2008): Prime Minister Mohammedmian Soomro on Thursday emphasised the need on utilising alternative sources of energy including possible blending of ethanol with petroleum products. The Prime Minister said this while chairing a high level meeting held here to examine the possibility of using ethanol in petroleum products. He directed all the concerned organisations to focus on developing alternative sources of energy to help reducing the prices of petroleum products as well as saving foreign exchange. Expressing concern over the escalation of oil prices in the international market, the Prime Minister underlined the need to employ all available alternative sources of energy which could help sustenance of economic growth. He directed the Petroleum Ministry to finalise its recommendations and strategy in consultation with all the stakeholders. Secretary Petroleum informed the meeting that feasibility study for blending of ethanol with petroleum products was earlier carried out and a pilot project was launched in August 2006 which was completed in March 2007. He said the project established that the ethanol (E-10) blended fuel is environment friendly and economically viable. The meeting was apprised that ethanol is a by-product of molasses which is presently being exported. The local consumption of the product could help reduce the fuel bill and impact the economy in a positive manner. The meeting was also informed that Brazil is the leading country where ethanol is being used as a major alternative source of energy. The other countries which are switching towards this trend include USA, China, European Countries, Australia, Canada, Japan, Thailand and India. Minister for Petroleum and Natural Resources, Ehsan-ullah-Khan also attended the meeting. Copyright Associated Press of Pakistan, 2008
Virgin Atlantic head honcho Richard Branson made news with a flight powered by a mixture of traditional aviation fuel and biofuels made from nuts, including coconuts. Virgin Atlantic head honcho Richard Branson made news with a flight powered by a mixture of traditional aviation fuel and biofuels made from nuts, including coconuts. Photo
The then advisor to Prime Minister on Power Yasin Malik has said that solar energy is the best solution to the ongoing power crisis in the country.
A nationwide survey of nearly 700 people suggests that Americans would prefer more money be invested in technology to solve the nation's energy ailments than to cure cancer or other diseases. Some 37% of respondents to the poll, conducted by the Fairfax County Economic Development Authority in Virginia, said they would rank spending to raise energy efficiency and develop alternative fuel technology a top priority for future investment. That compares with 30% who ranked more cash for medical breakthroughs as most important.
Carol E. MurphyThis week, through Friday, Carol E. Murphy will be taking questions about alternative energy choices for consumers, what New York City is doing to decrease its reliance on fossil fuels and how city dwellers can decrease their "carbon footprint.' Submit your question in the box below.
Pakistan government has set an ambitious tagret of around $20 billion as foreign investment in the energy sector, for which it is actively interacting with top companies in the USA. Highlighting the salient features of the upcoming energy conference. The Minister of Information, Sherry Rehman, told Business Recorder that the international energy roundtable would be instrumental in attracting maximum foreign investment in the energy sector through institutional and legal support to foreign investment.
