The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
The annual Asian Development Outlook analyzes economic performance in the past year and offers forecasts for the next 2 years for the 45 economies in Asia and the Pacific that make up developing Asia. Global headwinds notwithstanding, developing Asia will continue to contribute 60% of world growth. Modest recovery in …
India has been ranked at the 90th place in a list of 126 countries compiled by WEF on the basis of their ability to deliver secure, affordable and sustainable energy, which was topped by Switzerland. The latest Global Energy Architecture Performance Index Report, explored the energy architecture of 126 countries …
Energy efficiency standards based on product attributes may interact with market conditions and affect the overall stringency of the standards. In this paper analyze the interaction between gasoline prices and the redesigned and tightened federal fuel economy standards. Tighter standards will tend to reduce the effect of gasoline prices on …
The steep decline in the world oil price in the last quarter of 2014 slashed fuel price subsidies. Several governments responded by announcing that they would remove subsidies for one or more fuels and move to market-based pricing with full cost recovery. Other governments took advantage of low world prices …
This Report of the Standing Committee on Petroleum and Natural Gas deals with the action taken by the Government on the Recommendations contained in the Fifth Report (Sixteenth Lok Sabha) of the Standing Committee on Petroleum and Natural Gas (2014-15) on 'National Auto Fuel Policy', which was presented to Lok …
The world’s leading oil producers are preparing for the possibility of oil prices halving to $20 a barrel after a second day of financial market turmoil saw a fresh slide in crude, the lowest iron ore prices in a decade, and losses on global stock markets. Benchmark Brent crude briefly …
Question raised in Rajya Sabha on Pricing of Petroleum Products, 02/12/2015. The total amount of subsidy/under recovery on petroleum products in 2014-15 and 2015-16 (April to September) is given at the Annexure I. The details of taxes being levied by Central Government during last year and current year are given …
With 392 GW installed, wind energy can be the single largest source of power generation in the EU by 2030 ahead of coal and gas. Wind energy already plays a significant role in the European power sector. In 2014, the wind industry installed 11,791 MW in the EU - more …
The precipitous fall in oil prices, continued geopolitical instability and the ongoing climate negotiations are witness to the dynamic nature of energy markets. In a time of so much uncertainty, understanding the implications of the shifting energy landscape for economic and environmental goals and for energy security is vital. The …
The OECD released the Environment at a Glance 2015. This report updates key environmental indicators and relevant socio-economic and sectoral indicators to track OECD country progress on major environmental issues since 2000 and inform policy development and evaluation. Environmental challenges include air and water pollution, climate change, waste management, and …
This report presents a model that analyses fossil fuel subsidy reform across 20 countries showing an average reduction in national GHG emissions of 11% by 2020, and average annual government savings of USD 93 per tonne of CO2 abated. With a modest recycling of resources to renewables and energy efficiency, …
More than 40 percent of US corn is now used to produce biofuels, which are used as substitutes for gasoline in transportation. Biofuels have been blamed universally for past increases in world food prices, and many studies have shown that energy mandates in the United States and European Union may …
Global Marine Fuel Trends 2030 from Lloyd’s Register and University College London’s Energy Institute explores the drivers for the future energy mix in shipping in 2030. The report provides insight into future fuel demand for the containership, bulk carrier/general cargo and tanker sectors - representing approximately 70% of the global …
A second independent study by the Council for Scientific and Industrial Research (CSIR) found that renewable energy from South Africa's first wind and solar (photovoltaic) projects created R4 billion more financial benefits to the country than they cost during the first six months of 2015. The study is an update …
The report takes stock of the current energy scenario in India and sets out the challenges the country faces in its quest for energy independence. It also highlights some of the distinguishing features of India’s refining sector from the perspective of meeting the country’s hydrocarbon energy needs.
In an environment-friendly initiative, a Liquefied Natural Gas storage and re-gasification facility was inaugurated at a unit of state-run HLL Lifecare Limited here by Chief Minister Oommen Chandy. The 39.5 m3 capacity LNG Storage and Re-gasification facility will replace furnace oil with the cleaner LNG to fuel burners at the …
China has made tremendous progress in emission control for on-road vehicles (light duty vehicles, buses, and heavy-duty trucks) in recent decades. The vehicle population in China grew nearly sevenfold, from 16 million to 108 million, between 2000 and 2012, and this rapid pace will continue for the foreseeable future. Although …
Global growth is expected to be 2.8 percent in 2015, but is expected to pick up to 3.2 percent in 2016–17. Growth in developing countries and some high-income countries is set to disappoint again this year. The prospect of rising borrowing costs will compound the challenges many developing countries are …
National Green Tribunal (NGT) recently sought views from the Centre and NCR states on carpooling, asking them as to what incentives they could offer to promote the scheme. Carpooling is a grey area in the capital with no policy or even guidelines for verification of car owners and passengers, sharing …
Standing Committee on Petroleum & Natural Gas (2014-15) present this Fifth Report on `National Auto Fuel Policy'. The Policy aims to holistically address the issues of vehicular emissions, vehicular technologies and auto fuel quality in a cost efficient manner, while ensuring the security of fuel supply.
