The Maritime Border Deal Between Israel & Lebanon
Israel and Lebanon have been at war since 1948. Both nations have been claiming rights over an 860 sq. km. patch of an area in the Mediterranean Sea that contains parts of the Karish gas field and Qana gas field. Negotiations between the two nations were underway since October 2020 but failed to bear fruits until recently. The historic maritime deal has now been mediated by the United States.
Europe and Coal: The Energy Crisis Forcing EU to Revert to Fossil Fuels
In light of the recent import ban on Russia, European countries are facing a severe energy crisis. As the fuel hike persists, it is becoming increasingly impossible to maintain efficiency while being environmentally conscious. Due to this, many countries have reverted back to extracting the primary source of their energy from coal. While Abrish Nayyar highlights the need to revert to fossil fuels, she also discusses the environmental devastation that such usage will cause.
Will China’s Deadening Heatwaves Bring Its GDP Down?
China’s recent blistering experience with heatwaves has made it difficult for the country to resolve the energy crisis. The demand for power has escalated to unprecedented heights mainly due to the unrelenting heatwaves. Alina Minhas and Amna Asif believe that this heatwave may negatively impact crop yields and hydroelectricity generation, thus damaging the country’s GDP.
Pakistan: Beyond the ‘Crisis State’
Edited by Maleeha Lodhi and several other contributors, Pakistan: Beyond the ‘Crisis State’ was published in 2011. The book effectively embarks beyond terrorism and natural disasters. Instead, it addresses the country’s contemporary security dynamics, demographic pressures, energy shortages, and lack of political will.
Petrol Prices in Pakistan: Determinants & Fluctuations
Petrol is a necessity with fairly inelastic demand. Since Pakistan imports petroleum products, the fuel price is determined by the fluctuating international market, and Pakistan’s foreign exchange rate. The limited supply, and the unprecedented increase in the prices of petroleum products in the international market recently caused an unexpected global price hike. Moreover, the rapid depreciation of the Pakistani rupee over the last few months, and the removal of govt. subsidies have caused petrol prices to reach a record high of Rs. 235.98 in Pakistan.
Pakistan’s Energy Crisis and Its Solution
The rise in global oil prices, devaluation of the Pakistani rupee, and the domestic political and economic crisis in Pakistan are propelling the state towards becoming energy insecure. Maryam Ibrahim and Izza Ikram note that Pakistan has become heavily dependent upon energy exports. However, it still needs to find alternatives if it wants to overcome its energy insecurity and meet its domestic energy demand. If left unchecked, the current energy crisis will devastate the already struggling economy of Pakistan.
Russian Gas Supplies to Europe Under Threat
Fatima Arshad Warraich writes that Europe’s acute dependence on Russia for energy supplies is causing them to prepare for a harsh and cold winter ahead, since Russia has threatened a complete cut-off of gas supplies. The EU is now scrambling to fill their gas storage caverns, looking for alternate sources of energy supply, and trying to quickly transition to greener alternatives.
The Iran-China Deal of 2021: 25 Years of Cooperation in Energy, Infrastructure, & Telecom
The increasing cooperation between China and Iran is seen as a threat by the United States, and by Iran’s rival oil exporters. The Iran-China deal (signed in March 2021) will further consolidate these relations and ensure China’s involvement in the region for the next 25 years. The author, Rooha Javed, notes that as a part of this deal, China will invest in Iran’s infrastructure development, oil and petrochemical industry, and telecommunications. She asserts that the Iran-China partnership can already be seen in China’s inclination towards reviving the Joint Comprehensive Plan of Action (JCPOA), and its current infrastructure projects in Iran.
All Eyes on the Republics of Central Asia’s Resources
The onset of the geopolitics of energy and resources in the international political system has redefined the regions’ importance in terms of the reservoirs of resources. Central Asia, in this respect, stands out with its abundant, unexplored, and top-notch natural resources. The paper highlights the factors behind the arousing interests of Pakistan, China, and the United States in the Central Asian republics. The future of Central Asia’s political, economic, and geostrategic landscape shall be determined by the member countries’ course of policies and actions towards Pakistan, China, and the United States.
How to Avoid a Climate Disaster by Bill Gates
In his book, How to Avoid A Climate Disaster, Bill Gates expresses his concerns about the overwhelming climate change, beckoning readers to urge policies around net-zero emissions. He also provides readers with a list of ways that they can individually contribute to such an end—which is more than just turning off the tap while you brush your teeth.
A Short Essay on the Energy Crisis in Pakistan
Power outages and high electricity bills have become commonplace in Pakistan. Although the government’s poor planning and management are to blame for this predicament, it seems, according to a European think tank, that the World Bank is the main culprit behind the country’s energy crisis. The author, Ayesha Zafar, explains how the World Bank’s three power projects — PACE, SHIFT, and IGCEP — are destabilising Pakistan’s energy plans.
What Are the Challenges of Switching to Renewable Energy Sources?
The author, Dr. Taut Bataut, focuses on the challenges associated with switching to renewable energy from hydrocarbons. While the advantages of renewables are substantial, the implementation of such schemes is fraught with complications. Pakistan remains predominantly reliant on fossil fuels as its primary source of energy. Hence, a more pragmatic and long-term policy that incentivizes renewables and gradually enhances their contribution to the energy mix is crucial for success.
How China Became an Economic Superpower?
China’s economic transformation in the last 40 years has had a huge impact on the global economy. This unprecedented economic scenario has attracted a lot of interest, particularly from developing countries looking to emulate China’s success. The author considers the infant industry model to explain China’s rapid industrialization and subsequent economic rise and explains how China’s long-term approach and facilitative policies have enabled local industries to become competitive worldwide. It also discusses what countries like Pakistan can learn from the Chinese experience with regards to strengthening their industrial base.
Disadvantages of Renewable Energy: The Untold Story
In the shift from non-renewable to green energy sources, human beings have ignored the disadvantages of renewable energy. The author explains that while the energy generated by solar panels, wind turbines, and biomass farms, is renewable, the raw materials used for the construction of equipment or structures to harness it, is not. The author further asserts that in our efforts to tackle climate change, we have been more focused on preserving our way of life than protecting the planet responsible for sustaining it.
CPEC: A Game Changer for Pakistan’s Energy Sector
The article details the energy projects under the China Pakistan Economic Corridor (CPEC). The thesis is that the Chinese-led CPEC could finally resolve Pakistan’s energy crisis.