{"id":77001,"date":"2023-04-13T09:30:58","date_gmt":"2023-04-13T09:30:58","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/04\/13\/kazakhstan-prepares-increases-in-uranium-production-india-throws-green-hydrogen-developers-a-lifeline-the-us-cuts-subsidies-to-curb-overfishing\/"},"modified":"2023-04-13T09:30:58","modified_gmt":"2023-04-13T09:30:58","slug":"kazakhstan-prepares-increases-in-uranium-production-india-throws-green-hydrogen-developers-a-lifeline-the-us-cuts-subsidies-to-curb-overfishing","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/04\/13\/kazakhstan-prepares-increases-in-uranium-production-india-throws-green-hydrogen-developers-a-lifeline-the-us-cuts-subsidies-to-curb-overfishing\/","title":{"rendered":"Kazakhstan prepares increases in uranium production, India throws green hydrogen developers a lifeline + the US cuts subsidies to curb overfishing"},"content":{"rendered":"

<\/a> Kazakhstan\u2019s state-owned uranium miner Kazatomprom is preparing to increase <\/strong>its production as Europe reduces its dependence on Russia for nuclear fuel<\/strong>, Bloomberg<\/a>reports. Nuclear plants in Eastern Europe that had previously obtained their uranium from Russia are seeking contracts starting 2025, Kazatomprom CEO Yerzhan Mukanov told Bloomberg. Kazatomprom intends to open a third export route in 2023, shipping uranium through a Chinese port to meet increased demand from China, Mukanov said. China aims to have \u201cuninterrupted long-term supplies,\u201d he said, as Beijing is looking to obtain atomic fuel for nuclear power plants in the pipeline and shore up reserves.<\/p>\n

India gives green hydrogen plants more time to set up shop:<\/strong> India\u2019s government has expanded the eligibility of its previously announced waiver on transmission fees for green hydrogen producers to include plants commissioned before 2031, Reuters<\/a> reports, citing a government source. The decision \u2014 a six-year extension from the previous 2025 cut off for eligibility \u2014 was made to allow more time for the commissioning of large-scale hydrogen and ammonia projects which typically take three to four years to construct. The decision is also expected to cut the cost of green hydrogen by a fifth. India aims to produce 5 mn tons of green hydrogen annually by 2030 as well as reduce the cost of its production from the current USD 4-5 per kg to USD 1-1.50 per kg.<\/p>\n

The US ratifies WTO agreement to cut subsidies <\/strong>contributing to overfishing:<\/strong> The US has ratified a subsidy cut meant to reduce unsustainable fishing practices, making it the first major fishing country to take such a step in adherence with a WTO agreement signed last year, Reuters<\/a> reports. Over 100 trade ministers reached an agreement<\/a> to limit subsidies for illegal and unregulated fishing last June. Two-thirds of the 168 WTO member states need to ratify the agreement for the agreement to come into force, but only a few smaller countries have done so. WTO Director-General Ngozi Okonjo-Iweala hopes to have the agreement ratified before the next WTO meeting in 2024, she told Reuters. Countries have until 2026 to reach the two-thirds goal before the agreement expires, Bloomberg<\/a> said.<\/p>\n

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