logo
Vatican strikes solar farm deal to become the worlds first carbon-neutral state

Vatican strikes solar farm deal to become the worlds first carbon-neutral state

News184 days ago
Rome, Aug 1 (AP) Italy agreed Thursday to a Vatican plan to turn a 430-hectare (1,000-acre) field north of Rome, once the source of controversy between the two, into a vast solar farm that the Holy See hopes will generate enough electricity to meet its needs and turn Vatican City into the world's first carbon-neutral state.
The agreement stipulates that the development of the Santa Maria Galeria site will preserve the agricultural use of the land and minimise the environmental impact on the territory, according to a Vatican statement.
Details weren't released, but the Vatican will be exempt from paying Italian taxes to import the solar panels, but won't benefit from the financial incentives that Italians enjoy when they go solar. Italy, for its part, can use the field in its accounting for reaching the European Union's clean energy targets. Any excess electricity generated by the farm beyond the Vatican's needs would be given to the local community, officials said, speaking on condition of anonymity because the agreement was not public.
Vatican officials have estimated it will cost under 100 million euros ($114 million) to develop the solar farm, and that once it is approved by the Italian parliament, the contracts to do the work could be put up for bids.
Vatican foreign minister Archbishop Paul Gallagher signed the agreement with Italy's ambassador to the Holy See, Francesco Di Nitto. The Italian parliament must approve the arrangement since it has financial implications for the territory, which holds extraterritorial status in Italy.
The Santa Maria Galeria site has long been the source of controversy because of electromagnetic waves emitted by Vatican Radio towers located there since the 1950s. The once-rural site, some 35 kilometres (20 miles) north of Rome, is dominated by two dozen short- and medium-wave radio antennae that transmit news from the Catholic Church in dozens of languages around the globe.
Over the years, as the area became more developed, residents began complaining of health problems, including instances of childhood leukaemia, which they blamed on the electromagnetic waves generated by the towers. The Vatican denied there was any causal link but cut back the transmissions.
Pope Francis last year asked the Vatican to study developing the area into a vast solar farm, hoping to put into practice his preaching about the need to transition away from fossil fuels and find clean, carbon-neutral energy sources.
Pope Leo XIV visited the site in June and affirmed that he intended to see Francis' vision through. Leo has strongly taken up Francis' ecological mantle, recently using a new set of prayers and readings inspired by Pope Francis' environmental legacy.
In the 1990s, at the height of the controversy over the radio towers, residents sued Vatican Radio officials, claiming the emissions exceeded the Italian legal limit, but the court cleared the transmitter. In 2012, the Vatican announced it was cutting in half the hours of transmission from the site, not because of health concerns but because of cost-saving technological advances in internet broadcasting. (AP) AMJ AMJ
view comments
First Published:
August 01, 2025, 06:15 IST
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

US companies must not control India's strategic choices
US companies must not control India's strategic choices

Deccan Herald

time26 minutes ago

  • Deccan Herald

US companies must not control India's strategic choices

Recently, India was jolted by a stark reminder of its digital vulnerability when Microsoft abruptly suspended cloud and productivity services to Nayara Energy, an Indian oil refiner partly owned by Russia's Rosneft. This suspension was not rooted in Indian law or regulation, but in compliance with newly imposed European Union sanctions against such as Azure and Office 365 were cut off without prior notice or consultation, hampering Nayara's operations and threatening the continuity of supply chains vital to India's energy security. Nayara was left with no choice but to seek urgent legal relief from the Delhi High services were eventually restored, the episode exposed a frightening reality: the digital infrastructure crucial to India can be severed by foreign corporations enforcing external political agendas.A transactional turnIn his second term as United States' President, Donald Trump has adopted a harsher, more transactional posture toward India — slapping 25% tariffs, threatening additional penalties over discounted Russian oil imports, and allowing US sanctions to hit Indian companies operating well within their legal bounds. The US also imposed sanctions on several Indian firms importing petrochemical products from Iran — moves that blatantly disregard India's sovereign energy policies. Punitive measures against Indian businesses are enforced not only by government agencies but now also by private US corporations, transforming them into instruments of US foreign corporations serve foreign policySuch corporate intervention in international affairs is not a recent phenomenon. History is rife with examples of multinational companies acting as de facto arms of their home nations' geopolitical 1954, the United Fruit Company, a major US banana exporter deeply embedded in Guatemala, lobbied the US government to overthrow democratically-elected President Jacobo Árbenz. This led to a CIA-backed coup that plunged the country into decades of violent instability and a legacy of political 2014, French banking giant BNP Paribas was fined $8.9 billion by US authorities for processing transactions with Sudan, Cuba, and Iran — countries sanctioned by the US, but not necessarily by France or the European Union. The penalty underscored how US sanctions can force foreign companies to comply with US policy, even if such transactions are legal in their own 2018, French energy giant Total SA was forced to withdraw from Iran's South Pars gas project after it failed to obtain a waiver on US sanctions, despite the project fully complied with Iranian and European laws. Chinese telecom giant ZTE, that same year, was hit with a $1.4 billion fine and a temporary ban from accessing US technology for violating US sanctions — crippling the company and sending shockwaves through the global telecom supply Starlink and Meta precedentsIn the 2022 Ukrainian conflict, Elon Musk reportedly ordered a Starlink blackout during a critical counteroffensive in Kherson, fearing that continued satellite coverage might provoke a Russian nuclear response. The blackout severely disrupted Ukrainian drone and artillery co-ordination, highlighting how a private US executive, acting without formal accountability, influenced the course of a sovereign nation's military Meta's decision, in early 2025, to dismantle third-party fact-checking in the US was seen as a concession to the incoming Trump administration's rhetoric against 'censorship'. This shift harmed digital content governance globally, with misinformation surging in democracies like India that rely on these platforms for public laws and legal collisionsAt the heart of this lies a legal architecture that empowers such corporate behaviour. US statutes, like the International Emergency Economic Powers Act and the policies enforced by the Office of Foreign Assets Control (OFAC), were significantly fortified under President Joe Biden's Executive Order 14114 in December 2023. This expanded the extraterritorial reach of US sanctions, penalising foreign financial institutions and companies that indirectly support Russia's military-industrial has now become a survival imperative. Access to the US dollar system, international banking, and global markets hinges on adherence to these sanctions — regardless of domestic law. Following Biden's lead, the Trump administration's 2025 mandate demanding suspension of 'potentially adversarial' digital services without transparent procedures has further eroded sovereignty in the digital US laws often conflict with other countries' legal systems. For instance, US secondary sanctions on Iran and Cuba have clashed with the EU's Blocking Statute, which aims to protect European firms from extraterritorial overreach. Deutsche Telekom's contractual issues with Bank Melli Iran highlighted such tensions. Additionally, US discovery rules often conflict with Europe's GDPR protections. China, (which has faced multiple US sanctions), recognising the danger, passed its own Anti-Foreign Sanctions Law in 2021 to counter external sovereignty at stakeIndia now stands at the forefront of this expanding legal confrontation. In late 2024, the US' Office of Foreign Assets Control sanctioned 19 Indian companies and two individuals under Executive Order 14024 for allegedly facilitating circumvention of US sanctions on Nayara blackout further revealed India's limited control over critical infrastructure that supports not just commerce but national developments are not abstract — they pose existential threats. When multinational corporations can unilaterally disable services to lawful Indian businesses, or when foreign nations impose their domestic policies on Indian soil, India's digital and economic sovereignty is at must act decisively. It must legislate strong data localisation laws to ensure that sensitive digital assets remain within Indian jurisdiction. Investment must flow into indigenous platforms and open-source technologies that reduce dependency on foreign infrastructure. India's legal framework must also be updated to mandate prior notice, transparency, and due process before any foreign corporation is allowed to disable India should champion global norms — through BRICS, the G20, and the UN — that guard against corporate overreach and reaffirm national sovereignty in the digital must rest at homeThe stakes could not be higher. Nayara's blackout, Starlink's wartime disruption, Meta's algorithmic flip-flops, and the swelling force of extraterritorial US laws illustrate one truth: economic independence in the 21st century is inseparable from digital urgent strategic intervention, India's digital future may be dictated not by New Delhi, but by boardrooms in Redmond, Menlo Park, or Washington. That would be a betrayal not just of sovereignty, but of the people and industries relying on a free, open, and secure digital ecosystem. (Abhishek Patni is a New Delhi-based senior journalist. X: @Abhishek_Patni)Disclaimer: The views expressed above are the author's own. They do not necessarily reflect the views of DH.

As Trump pressures China and India to stop Russian oil imports, who's buying the most?
As Trump pressures China and India to stop Russian oil imports, who's buying the most?

New Indian Express

time39 minutes ago

  • New Indian Express

As Trump pressures China and India to stop Russian oil imports, who's buying the most?

US President Donald Trump is pushing China and India to stop buying oil from Russia and helping fund the Kremlin's war against Ukraine. Trump is raising the issue as he seeks to press Russian President Vladimir Putin to agree to a ceasefire. But cheap Russian oil benefits refiners in those countries as well as meeting their needs for energy, and they're not showing any inclination to halt the practice. Three countries are big buyers of Russian oil China, India and Turkey are the biggest recipients of oil that used to go to the European Union. The EU's decision to boycott most Russian seaborne oil from January 2023 led to a massive shift in crude flows from Europe to Asia. Since then, China has been the No. 1 overall purchaser of Russian energy since the EU boycott, with some $219.5 billion worth of Russian oil, gas and coal, followed by India with $133.4 billion and Turkey with $90.3 billion. Before the invasion, India imported relatively little Russian oil. Hungary imports some Russian oil through a pipeline. Hungary is an EU member, but President Viktor Orban has been critical of sanctions against Russia. The lure of cheaper oil One big reason: It's cheap. Since Russian oil trades at a lower price than international benchmark Brent, refineries can fatten their profit margins when they turn crude into usable products such as diesel fuel. Russia's oil earnings are substantial despite sanctions The Kyiv School of Economics says Russia took in $12.6 billion from oil sales in June. Russia continues to earn substantial sums even as the Group of Seven leading industrialized nations has tried to limit Russia's take by imposing an oil price cap. The cap is to be enforced by requiring shipping and insurance companies to refuse to handle oil shipments above the cap. Russia has, to a great extent, been able to evade the cap by shipping oil on a 'shadow fleet' of old vessels using insurers and trading companies located in countries that are not enforcing sanctions. Russian oil exporters are predicted to take in $153 billion this year, according to the Kyiv institute. Fossil fuels are the single largest source of budget revenue. The imports support Russia's ruble currency and help Russia to buy goods from other countries, including weapons and parts for them.

Sensex, Nifty trade lower; pharma shares tumble
Sensex, Nifty trade lower; pharma shares tumble

Business Standard

timean hour ago

  • Business Standard

Sensex, Nifty trade lower; pharma shares tumble

The domestic equity indices continued to trade with moderate cuts in the early afternoon trade. as investor sentiment weakened following fresh tariff threats from U.S. President Donald Trump over Indias continued imports of Russian oil. However, market participants will monitor ongoing earnings season. The Nifty traded below the 24,700 level. Pharma shares declined after advancing in thepast trading session. At 12:25 IST, the barometer index, the S&P BSE Sensex, dropped 237.66 points or 0.29% to 80,777.41. The Nifty 50 index declined 57.45 points or 0.28% to 24,655.20. In the broader market, the S&P BSE Mid-Cap index fell 0.11% and the S&P BSE Small-Cap index shed 0.15%. The market breadth was negative. On the BSE, 1,774 shares rose and 2,047 shares fell. A total of 193 shares were unchanged. Trump Tariffs: U.S. President Donald Trump has announced his plans to significantly raise tariffs on Indian exports to the country. "India is not only buying massive amounts of Russian oil, but they are then, for much of the oil purchased, selling it on the open market for big profits, Trump reportedly wrote on a social media platform. India said it was being 'targeted by the U.S. and the European Union over its imports of Russian oil after U.S. President Donald Trump, in an overnight social media post, threatened New Delhi with much steeper tariffs. India began importing oil from Russia only after traditional supplies were diverted to Europe following the outbreak of the Russia-Ukraine war in 2022, the Indian foreign ministry reportedly said in a statement. The ministry stated that it was revealing that the very nations criticizing Indianamely the EU and the themselves engaging in trade with Russia. The EUs bilateral trade with Russia stood at 67.5 billion euros ($78.1 billion) in 2024, while its services trade in 2023 was at 17.2 billion euros, according to European Commission data. Citing that data, India said the blocs trade was significantly more than Indias total trade with Russia. Economy The seasonally adjusted HSBC India Services PMI Business Activity Index edged up to 60.5 in July 2025 from 60.4 in June, indicating a sustained expansion in the countrys services sector. Indian service providers reported a notable improvement in international demand, securing new business from Asia, Canada, Europe, the UAE, and the US. The pace of expansion in external sales was sharp, marking the second-fastest growth in a year, trailing only Mays performance. The HSBC India Composite PMI Output Index was up fractionally from 61.0 in June to 61.1 in July, indicating a sharp rate of expansion that was the quickest since April 2024. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, down 1.14% to 11.83. The Nifty 31 July 2025 futures were trading at 24,718.20 at a premium of 63 points as compared with the spot at 24,655.20. The Nifty option chain for the 28 August 2025 expiry showed a maximum call OI of 58 lakh contracts at the 25,000 strike price. Maximum put OI of 38.8 lakh contracts was seen at 24,000 strike price. Buzzing Index: The Nifty Pharma index declined 0.84% to 21,968.35. The index advanced in the past trading session. Aurobindo Pharma (down 2.24%), Biocon (down 1.94%), Gland Pharma (down 1.83%), Granules India (down 1.64%), Glenmark Pharmaceuticals (down 1.54%), Divis Laboratories (down 1.26%), Dr Reddys Laboratories (down 1.02%), Sun Pharmaceutical Industries (down 1.01%), Mankind Pharma (down 1%) and Lupin (down 0.95%) declined. Stocks in Spotlight: Angel One shed 0.33%. The brokers client base jumped 28.18% to 33.06 million in July 2025, compared with 25.79 million in the same month last year. GPT Infraprojects jumped 6.66% after the companys consolidated net profit surged 39.84% to Rs 23.48 crore in Q1 FY26 as against Rs 23.48 crore posted in Q1 FY25. Revenue from operations jumped 29.33% YoY to Rs 312.63 crore in the quarter ended 30 June 2025.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store