Energy & Power - December 16, 2019
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The UN climate talks in Madrid ended in a sheer disappointment. The talks, originally scheduled to be hosted by Chile and later held in the Spanish capital following Chile's pullout amid political unrest, failed to give the world any hope of the fulfilment of climate goals. Countries failed to reach consensus on many of the expected outcomes, including rules to set up a global carbon trading mechanism and a system to channel new finance to countries facing the impacts of climate change. Negotiations put politics and fossil-fuel interests above people and the planet. Many countries, led by the United States, Australia and Brazil, once again exposed their apathy to the suffering of millions. Major emitters failed to show clear signals about increasing ambition by 2020 and rich countries reneged on the promise to provide finance for loss and damage. The key polluting countries responsible for 80 percent of the worlds climate-wrecking emissions, stood mute. The countries like Bangladesh identified as one of the biggest victims of climate change feel helpless when they return empty-handed from the UN talks that was expected to give clear guidelines on the world's actions to tackle the climate crisis.
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Wartsila Power Plants Helping BD Meet Power Shortage
The technology groupwärtsilä has been contracted to supply two more power plants to Bangladesh.
US Firm To Withdraw From Deal
The White House pushed back recently at a European suggestion it was softening its stance on the Paris climate accord, insisting Washington will withdraw from the agreement unless it can re-enter on more favorable terms, reports AFP.
Strong Overseas Demand For Australia Coal
Strong Asian demand for coal from Australia is depriving domestic power generators of fuel and driving electricity prices higher, energy providers and mining sources said.
New Zealand Leads In Zero Emission Renewable Grid Electricity
New Zealand leads the world in zero-emission renewable grid electricity now at 85%.
LNG Price To Be Affordable, Stable
LNG Price To Be Affordable, Stable
Lift Duty On Import Of Furnace Oil
Textile millers have demanded duty-free import of heavy fuel oil or furnace oil to keep their factories up and running.
India To Join Building Rooppur Nuclear Plant
India has said it is collaborating with Russia to build the Rooppur Nuclear Power Plant in Bangladesh.
Security Gets Vulnerable
Solar Mini Grid Has Opened A New Door
Present population of Bangladesh is approximately 170 million.Among them 30 million live on the Costal belt Off-Grid Area. The Solar Mini Grid is bringing change in life by scattering light to those Off-Grid Areas people.
Infrastructure Imbroglio
It was on March 22, 2012 when the Power Division of the government at a seminar unveiled a mega plan for increasing power generation in the country. Presenting the keynote paper, the then Chairman of Bangladesh Power Development Board Engr.
