BEIJING: China will launch the trading of green certificates for solar and wind power on July 1 in a bid to help reduce government subsidies to the renewables sector, the National Development and Reform Commission (NDRC) said on Friday.
In a pilot program, the NDRC said solar and wind producers would be issued tradeable certificates, proving that electricity has been generated through renewable energy sources.
Renewable energy users such as private and state businesses would be encouraged to buy the certificates, which would then entitle them to an unspecified payment.
LAHORE: The Lahore Chamber of Commerce and Industry on Saturday welcomed a State Bank of Pakistan decision to remove...
KARACHI: Gold prices in the local market dropped by Rs1,800/tola on Saturday.According to All Sindh Saraf Jewellers...
WASHINGTON/NEW YORK: The banking crisis set off by the swift collapse of Silicon Valley Bank has exposed a sharp...
LAHORE: Successive governments in Pakistan have regularly abdicated their powers that have created numerous security...
Brussels: The European Union and Germany on Saturday said they had struck a deal after a dispute over the planned...
ISLAMABAD: Pakistan and Russia are working jointly on seed potato production through Aeroponics technology and 2nd...
