Energy

The Kerfuffle Over Increasing Gas Prices in Ukraine

BY ANDRIAN PROKIP

Since early spring, Ukrainians have been waiting for the government’s decision on raising gas prices. Increasing the price of gas to market level was among the IMF’s requirements for Ukraine to receive the next loan tranche, about $1.9 billion, which the country assuredly needs. The IMF mission is expected to visit Kyiv in September 2018. There is no doubt that gas prices will increase. What is unclear is when and by how much. And these unresolved matters are causes of concern among Ukrainian society.

Urban Waste Revolution: Turning China’s Sludge and Garbage Mountains into Low-Carbon Solutions

China has a sludge problem. A big one. Wastewater plants in Chinese cities produce a staggering 40 million tons of this semi-solid slurry each year, enough to fill all of Manhattan with a 19-inch deep sludge lake. However, only one-fifth of China’s sludge is properly treated, while the rest is sent to landfills, incinerators, or illegally dumped. Similarly unsustainable methods are used to dispose of the mountains of solid waste generated by China’s urbanites.

What Has Mexico Gained with its New Energy Model?

Q&A with Doris Capurro, President and CEO of LUFT Energía

Founded in 2016, LUFT Energía is a leader in renewable energy investment in Argentina, and its investments are helping the country meet hard-to-reach targets for alternative energy production. Today, fossil fuels account for 86 percent of electricity produced in Argentina, and less than 2 percent comes from renewable energy sources. By law, that has to change, and quickly. In 2016, Argentine lawmakers committed the country to an 8 percent target by year-end, and 20 percent by 2025.

New Innovations for Green Financing in Urban China

To reduce the energy and carbon footprint of Chinese cities and meet the country's Paris Climate Agreement targets, it is estimated that by 2020, China needs to invest $254 billion to support the construction of green buildings and retrofit existing ones. There is potential for a billion-dollar market of cost-effective, green, and energy efficient building opportunities in China; however, few structures exist in China’s market for banks and institutional investors to deploy capital for energy efficiency.

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