South Korea Prepares for Net-Zero by 2050. But Is It Enough?01 October 2021
While others run, South Korea seems to stroll towards its net-zero by 2050 goal. However, with the latest green deals, the local government shows ambition to change the country's trajectory and notably speed up its renewable energy transition.
Addressing Climate Change With Green Transport & Pure Electric Vehicles
Transportation related carbon emissions account for nearly 25% of global emissions. Reducing these emissions is a key step for Asian countries to meet their national emissions targets and Paris Agreement goals. This can be done in two ways: increasing pure electric vehicle use and developing efficient mass transportation systems. Both of these changes need to be initiated by government policy - and some Asian countries are already leading the way.
Repercussions of China’s Coal Pledge on Asian Economies
China's historic pledge to stop coal financing abroad will help in lowering global carbon emissions. However, the decision may also risk economic growth in Asian countries like Vietnam and Indonesia. Experts demand stronger commitments from Beijing in order to support the renewable energy transition in the region.
Solar Lamps: Empowering Marginalised Communities in Asia
Solar Lamps also called Soler Lanterns being used in Rural Household
Wind Energy in South Korea – Opportunities and Challenges
The wind energy sector can become the difference that gives South Korea's renewable energy progress that much-needed boost. The country's vast potential for offshore wind is already starting to attract some of the leading developers in the industry. Judging by the first signs, South Korea's future promises to be "windy."
Could the Rise of Vacuum Gas Oil (VGO) Signal the Fall of Oil?
Vacuum gas oil (VGO) is a mix of hydrocarbons produced during the extraction of crude oil. VGO was relatively useless until recently when large scale vacuum distillation became feasible. Vacuum distillation allows the mix of hydrocarbons to be broken apart into smaller and more useful sized products - like gasoline, propane, and diesel. Over the last several years, the use of VGO has skyrocketed, which is be a sign that the oil and gas industry to fighting to squeeze every last bit of efficiency out of their extraction processes.
The Proposed Vietnam PDP8 Update and the Risks From the Coal Pivot
The recently proposed update to the Vietnam PDP8 draft risks deteriorating the country's clean energy progress. Experts are united around the idea that the drafted coal pivot will surface various negatives, including lack of financing, slower clean energy transition, increased climate impact, and increased reputational risk for the country.
Green Transportation in South Korea – a Key Enabler for the Net-Zero Revolution
South Korea is facing an uphill battle to make notable progress towards clean energy in line with the Paris Agreement commitments. Green transportation appears to be one of the most powerful tools in the government's arsenal. The opportunities in the industry are huge, while the challenges are solvable.