Countries with fossil fuel-dependent economies are making a marked shift towards renewable energy. Substantial financial investments in solar and wind projects throughout the Middle East and North Africa have gained global recognition as the hydrocarbon market looks to bolster alternative economies.
There are currently 1.6 million automobiles on Istanbul’s roads, according to Embarq Türkiye — and each day, 640 more are registered. Following British and German models, the Turkish Finance Ministry has begun designing a new scheme for taxes on motor vehicles and their purchase, reports Turkish paper Hürriyet Daily News. Under the plan, the taxes will […]
South Africa, among the biggest emitters of greenhouse gases worldwide, plans to introduce its own price on carbon next year. The Treasury said this week that South Africa, which is the continent’s biggest polluter, plans to introduce a carbon tax on annual emissions for all the industrial sectors responsible for greenhouse gas emissions, including electricity, […]
Time to scale down on Diamond Class sleeping suits? Image via Etihad United Arab Emirates-based airlines, Emirates and Etihad Airways warn of higher ticket prices as they seek to pass on costs of a European Union (EU) aviation carbon trading scheme to passengers. Dubai’s Emirates will spend almost $52 million US this year to purchase […]