Karnataka and Gujarat continued to showcase their leadership in the progress toward the clean energy transition, a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA)
The price of petrol has gone up by Rf1 per litre and the price for a litre of diesel has been increased by Rf2.95, the State Trading Organization (STO) has said. A statement issued by STO, the largest fuel supplier in Maldives, said that with the changes brought about on Friday the price of a litre of petrol will now be Rf13.25 and a diesel litre will now cost 15.50. This is the first time in the last 10 years that the price of petrol and diesel has gone above a dollar.
The double whammy of rising oil prices and plunging home prices could turn a mild recession into something more threatening, says Peter Coy
A government white paper issued Tuesday calls on households to save energy as a means of cutting greenhouse gas emissions. According to the paper, the ratio of carbon dioxide emissions in Japan from the household sector compared with overall emissions of such global warming gases is lower than in the United States and Europe. However, household energy consumption in Japan surged 44 percent in 2005 from 1990, the white paper on the environment and recycling says.
Pakistan put its clocks forward an hour on Sunday while shops have been ordered to close early as the country struggles with an acute electricity shortage. Setting clocks forward by an hour, to six hours ahead of GMT, should enable the country to take advantage of an extra hour of daylight in the evenings and save power. Shopping centres have also been ordered to close at 9 p.m. (1500 GMT) from Sunday while government offices have been told not to turn on the air conditioning for the first three hours of the working day.
The traders and shopkeepers categorically rejected the government's new policy of power conservation, as most of the markets and shopping plazas were closed down as usual here in the City on Sunday. The federal government apart from other power conservation steps had decided to change the weekly off day of markets from Sunday to Friday, asking the traders to follow the new instructions from June 1, 2008.
Steady rise in fuel prices seems here to stay and each price rise is bound to have an impact on monthly budgets. With petrol becoming dearer by a steep Rs 5 and diesel by Rs 3, auto experts say that simple changes in driving habits and minor alterations in lifestyle can ensure the hike does not hit as bad.
Consumers have not taken too kindly to the government's decision to raise the price of LPG cylinders by Rs 50 in a single stroke. With inflation touching an all-time high, it has anyway been a tough balancing act for homemakers to juggle their household expenses and the gas price rise is bound to upset their budgets even further.
Says It Was Inevitable In Wake Of Global Spiral Pointing to a sharp escalation in global rise in oil p r i c e s and food and commodities, P r i m e Minister Manmoh a n Singh on Wednesday said that a rise in fuel prices was "inevitable' even as the government has done its utmost to impose only a "moderate' burden on the people.
Says Fuel Price Rise Unjustified, Wants PM To Resign Gauging that it could only add to the its ammunition against the government in a year leading up to the Lok Sabha polls, BJP on Wednesday reacted strongly to the government's decision to hike fuel prices, saying a "directionless' UPA has unleashed "economic terror' on the nation.
Move Meant To Distance Itself From Hike In Fuel Prices Kolkata: Desperate to distance itself from the decisions of the Congress-led UPA government at the fag end of its tenure, West Bengal's Left Front government is slashing sales tax on petrol from 25% to 20% and on diesel from 17% to 12.5%. The cost of the
