Features
Cost and Viability Plague Carbon Capture and Storage in the Power Sector
Carbon capture and storage (CCS) is being pushed as a decarbonisation pathway for the power sector. However, all commercial-scale CCS projects paired with thermal power plants have underperformed, and costs are prohibitively high. Alternatively, wind and solar are both proven, cost-efficient technologies. Investors and decision-makers need to refocus their efforts on transitioning away from fossil fuels.
Wind Energy in Vietnam – Opportunities and Potential
Vietnam has already established itself as one of the world's most notable clean energy success stories. However, to retain that crown, the country needs to incentivise foreign financiers.
Japan-Vietnam Energy Relations: Opportunities and Risks
Vietnam needs a partner that will prioritise its decarbonisation and access to affordable and ready-to-be deployed solutions to make the most of its clean energy potential. It doesn't need to be pushed towards distracting technologies with questionable decarbonisation credentials. The approach that Japan will take in its cooperation remains to be seen.
Oil Spill in the Philippines Implicates San Miguel Corporation
A major oil spill in the Philippines raises concerns over a corporate giant’s refusal to accept responsibility for the disaster. It also raises concerns over its dismal environmental record due to liquefied natural gas (LNG) development. The government is waffling, and the environment, local residents and fisherfolk are suffering.
Major LNG Liquefaction Projects 2023-2027
Global LNG capacity is set to increase by 35% by 2027, ushering in a new round of carbon emissions-intensive LNG projects. However, the world needs fewer fossil fuel project developments, not more, to reach net-zero by 2050.
The Future of Earth is at Risk: Thanks to Climate Change
The last IPCC report for the next few years gives a sobering assessment that the world is running out of time to tame the climate crisis. However, it also notes that the solutions are there for the taking.
The IEA’s Global Methane Tracker 2023: Methane Emissions Reduction No Longer Complicated or Expensive
The IEA's latest report, which includes valuable recommendations and an actionable roadmap for curbing methane emissions. It proves that the oil and gas industry and governments now have all the means to start working on methane emissions reduction.
The Future of Natural Gas In Asia
A recent ERIA-backed workshop calls for more natural gas usage in Asia until at least 2050. However, energy economics, long-term economic stability and climate mitigation dynamics throw doubt on those conclusions.
Asia’s Role in the Russia-Ukraine War: One Year Later
A little over a year after the start of the war in Ukraine, CREA's data reveals that countries continue actively buying Russian fossil fuels, with Asian nations among the leading contributors to Russia's state budget.
Energy Transition Technologies: Deficiencies of the Japan-led Guidelines
Recent guidelines on transition technologies for Asia, influenced by Japanese energy policies, promote CCUS and ammonia co-firing in the power sector. As a result, they risk derailing the decarbonisation efforts of SEA countries and the financing institutions investing in transition technologies.
China’s Fossil Fuel Addiction and the Green Transition
China's renewables development leads the world by a more than a two-to-one ratio, but its fossil fuel usage still accounts for more than 50% of its power production needs, creating the world’s highest GHG emissions.
Greenwashing Ads: Fossil Fuel Giants Dominate Social Media
Social media platforms are proving the perfect environment for the oil and gas industry to run greenwashing campaigns. Without swift and adequate action, tech companies risk becoming complicit partners in delaying and derailing necessary climate action.
Driving Change: The Story of Electric Vehicles in Indonesia
The EV transition is taking the world by storm. While emerging markets remain the last bastion of legacy automakers, they will soon also embrace the transport industry's electrification. And Indonesia promises to be among the best examples of the EV revolution.
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