Environment

A trio of foreign think tanks are warning that natural gas offers a false hope in the fight against climate change.

Under the proposal. a $40 carbon tax. rising over time. would be levied on emissions in order to encourage a shift towards renewable energy sources such as solar and wind.

The Carbon Sequestration Project (CSP) aims to sequester atmospheric carbon in arid and semi-arid areas of Iran and improve the socio-economic status of local communities.

The other project. CarbonNet. is a A$150 million government study in the state of Victoria.

Energy consumption in China grew by just 1.3 percent in 2016.

More than half of the growth in renewable power came from wind. which rose 16 per cent. while solar energy grew by 30 per cent as costs continued to fall sharply.

Carbon prices under the European Emissions Trading System have fallen to about 5 euros a ton from about 30 euros in 2008 because of a glut of permits.

Datis Holding could play a strong role in the development of business atmosphere in the industrial. agricultural and art areas.

IRENA puts China’s renewable energy capacity at 545GW. which is 27% of the world’s capacity.

Nord Stream 2 is a project for the construction of a gas pipeline capable of carrying 55 billion cubic meters per year from Russia to Germany through the Baltic Sea.