Glances

Global topics “at a glance”

BALKAN NATIONS CONSIDER HYDROGEN AMID EFFORTS TO REDUCE EMISSIONS QUICKLY

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Baki Bajraktari, who works at the Bulqize chrome mine in northeastern Albania, never thought that the presence of hydrogen there could be positive, especially after a tragic explosion in 2011 due to a gas pocket. However, his perspective shifted when a study published in the peer-reviewed journal Science in January revealed a reservoir containing between […]

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INDIA’S HYDROELECTRIC OUTPUT WITNESSES MOST SIGNIFICANT DECLINE IN ALMOST FOUR DECADES

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In the past fiscal year ending on March 31, India experienced a significant decline in hydroelectricity production, marking the most notable drop in at least 38 years according to an analysis of government data by Reuters. This decline was primarily attributed to unpredictable rainfall patterns, which exacerbated the reliance on coal-fired power generation amidst heightened

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ADDRESSING TRANSBOUNDARY POLLUTION FROM COAL MINING: A COLLABORATIVE EFFORT BY THE U.S., CANADA AND INDIGENOUS GROUPS

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On Monday, a joint proposal was unveiled by the United States, Canada, and various Indigenous groups to tackle the longstanding issue of pollution stemming from coal mining activities in British Columbia. This pollution has been identified as a significant contributor to waterway contamination and detrimental effects on fisheries along both sides of the U.S.-Canada border

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SEVEN EUROPEAN NATIONS HAVE COMMITTED TO ACHIEVING CARBON DIOXIDE-FREE POWER SYSTEMS BY 2035

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Seven European nations, including Germany, the Netherlands, and France, made a commitment on Monday to phase out carbon dioxide-emitting power plants from their electricity systems by 2035. Together, these countries represent nearly half of the European Union’s power production, primarily driven by the substantial contributions of Germany and France, the two largest power producers in

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ACCORDING TO THE IEA, GLOBAL DEMAND FOR OIL, GAS, AND COAL WILL REACH ITS PEAK BY 2030 

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According to the International Energy Agency, the world’s demand for fossil fuels will peak by 2030 as more electric cars are introduced to the road and China’s economy changes to greener energy sources. This undermines the case for increased investment.  The Organization of the Petroleum Exporting Countries, which represents oil producers, believes that oil demand

ACCORDING TO THE IEA, GLOBAL DEMAND FOR OIL, GAS, AND COAL WILL REACH ITS PEAK BY 2030  Read More »

THE US GIVES AUTOMAKERS AND SUPPLIERS $12 BILLION FOR SOPHISTICATED VEHICLES

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Energy Secretary Jennifer Granholm announced on Thursday,31st August, that the Biden administration is providing $12 billion in grants and loans for automakers and suppliers to upgrade their plants to build electric and other advanced vehicles. Former governor of the auto-producing state of Michigan, Granholm, told reporters on the phone: “While we transition to EVs, we

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SPAIN AND GERMANY COMPETE FOR $4.8 BILLION INDIAN SUBMARINE DEAL 

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In order to offset China’s growing naval presence in the Indo-Pacific area, India is looking to bolster its navy, therefore the South Asian country is competing for a 400 billion rupee ($4.8 billion) deal to build submarines there.     According to senior Indian officials aware of the developments who declined to be named since the

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CHINA CHIP FIRMS RISE ON NEWS OF FABRICATION TECH ADVANCES 

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Following news that a state-backed company had made a substantial technological advance on Wednesday, August 2nd, there was a sharp increase in Chinese chipmaking machine providers, raising optimism that the nation can reduce its reliance on US semiconductor technologies.  Shanghai Micro Electronics Equipment Group is preparing to deploy its first system based on 28-nanometer technology

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PHILIPPINES AND EU STRENGTHEN THEIR TIES; AGREEMENTS ON TRADE, CLIMATE CHANGE, MARITIME SECURITY, AND THE CREATION OF THE GREEN ECONOMY 

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On Monday, 31st of July, the Philippine government and the European Commission reaffirmed their commitment to closer ties between their two nations, pledging to increase trade and collaborate more closely on climate change, marine security, and the green economy.  President Ferdinand R. Marcos Jr. declared that his recent bilateral meeting with EU Commission President Ursula

PHILIPPINES AND EU STRENGTHEN THEIR TIES; AGREEMENTS ON TRADE, CLIMATE CHANGE, MARITIME SECURITY, AND THE CREATION OF THE GREEN ECONOMY  Read More »

BY 2028, AMERICAN CHIPMAKER AMD WILL INVEST $400 MILLION IN INDIA 

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Advanced Micro Devices, a US chipmaker, announced on Friday that it will spend $400 million in India over the next five years and that Bengaluru will become the site of its largest design centre. Mark Papermaster, AMD’s chief technology officer, made the news at the annual semiconductor conference, which began Friday in Gujarat, the home

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