Four European Union (EU) countries – Belgium, Denmark, Germany, and the Netherlands jointly set an offshore wind target of at least 65 gigawatts (GW) by 2030. That figure is intended to get more than double to 150 GW by 2050. According to the Global Wind Energy Council, these four countries were having 35.3 GW of […]
In the aftermath of the Russia-Ukraine war, the imports-reliant European country, Italy, will import gas from Qatar, which sounds like a ‘short-term solution’ to analysts. Russia’s gas imports account for nearly 40% of Italy’s total imports, as per global trade statistics 2021. However, the decision taken by Italy is deemed to be a temporary relief […]
Carbon emissions from importing and exporting activities in global trade are a common scenario. Many countries face this due to changes in the social and economic factors of a country. With the rise in these factors and global trade, the likelihood of carbon emissions also increases. India’s carbon emissions released from international trade increased in […]
In the early trade negotiations to be conducted between both the regions, the UK is stringent on maintaining its food safety and animal welfare standards. The UK imports about 35% of beef and veal combined annually. Out of approximately 1.5 million tonnes of beef each year, Canada exports around 45% of its produced beef and […]
Russia-Ukraine war is causing troubles across nations as many commodities prices have peaked high, while shipment delays from both Russia and Ukraine are also causing bottlenecks in the supply chain. There are commodities that countries import from both Russia and Ukraine, such as wheat, for which both countries account for 29% of global exports. On […]
At the 2021 United Nations Climate Change Conference (UKCOP26), the world’s top twelve agricultural trading and processing companies come together to discuss the issue of climate change with the prevalence of the supply chain for agriculture-based products, having a net-zero emission objective as their common and centralized mission. The advancement in the import and export […]
On November 24, 2021, US International Trade Commission passed a suggestion to the USA government for the extension of Section 201. They recommended extending the time period for Section 201 global safeguard tariffs on photovoltaic (PV) cells and other solar modules. President Biden has to make a final decision and call an official verdict on […]
Coal is the biggest of all three fossil fuels, contributing to greenhouse gases (GHG) emissions. Non-renewable energy sources namely coal, oil, and gas, as their name suggests, cannot be replenished and, ironically, supply more than 80% of world energy. According to a report of the World Bank, coal alone contributed to more than 70% of […]
The increasing demand for electric vehicles (EVs) is rapidly growing with the passage of time and changes in the environment. This gradual adoption of electric vehicles dates back to around 2015. The much-needed conversations on planet earth are one of the major contributors to rise of the electric vehicles. Over the few years, the conservation […]
The cocoa industry is one of the most prominent and largest industries in the world. On average, cocoa farmers produce over 4 million tons of cocoa annually. The cocoa industry begins from the farming of cocoa beans which later get processed into cocoa liquor, and then into the final cocoa-based products such as cocoa butter […]
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