Features
Japan’s Overseas Oil and Gas Financing Threatens the Global Energy Transition
A new report by the South Korea-based think tank Solutions for Our Climate (SFOC), “Billions Off Course: Japan’s Oil and Gas Financing Fueling the Climate Crisis,” provides a detailed look at Japan's persistent overseas oil and gas financing.
Green Steel: Powering The Low-carbon Economy
Green steel is produced without fossil fuels and has significantly lower emissions than traditional steel. The IEA sees green steel development as a critical step in global decarbonisation and for companies that rely on steel throughout their supply chains.
Steel Decarbonisation: A Pathway To Development
Decarbonising the steel industry is necessary for global climate goals and hinges on scaling up low-emissions production technologies, like renewable energy-powered EAFs and green hydrogen. An improved policy framework and industry support are critical for this shift.
The Carbon Footprint of Steel: Decarbonisation Is Critical
The steel industry contributes nearly 8% of global CO2 emissions, making it crucial to decarbonise to achieve global climate goals. Adopting an array of strategies from use of electric arc furnaces to green hydrogen are key strategies to lower the industry's carbon footprint.
Solar 53% Cheaper than Fossil Fuels in Malaysia
Malaysia has solid renewable energy market fundamentals and, according to the IEA, hosts low investment risks for project investors. The country is just a step away from unlocking the advantages of the clean energy transition but the government needs policy reforms and more ambitious climate goals.
The Challenges of Financing Renewable Energy Projects in the Philippines
The Philippines has made progress in developing more renewable energy projects for its power sector. However, domestic banks need to streamline the process to bring more projects online and level the playing field between projects backed by politically connected corporate interests and smaller investors without the advantages of political and corporate backing.
Investors Pulling Out of the Barossa Gas Project Adds to the Uncertainty
Since its announcement, the Barossa gas project has made the news due to legal disputes over its environmental impact, delays, and rising project costs. In the latest blow, prominent investors and financiers are pulling out their support for the project, leaving question marks about the project's future financing and completion.
How Bangladesh and Pakistan Can Survive the Energy Crisis
Fossil fuel import dependence has put Pakistan and Bangladesh in a very similar situation. However, both countries' pathways for salvaging it are also comparable: diversifying their energy mixes with a focus on renewables and reduced reliance on deliveries.
Energy Crisis in Pakistan: New Policy Approach Is Crucial
While there are hardly any easy short-term solutions to Pakistan’s energy situation, the country has a way out. The most viable strategy is helping its population navigate turbulent times while charting a more sustainable long-term energy system master plan emphasising energy independence.
Malaysia Nears Its 40% Renewable Energy Target by 2035
Malaysia has solid renewable energy market fundamentals, low investment risks for project investors and an abundance of untapped clean resources. Capitalising on them requires the introduction of favourable policies to attract green capital and ease project developers.
Heavy Industry Companies in China and India Are Lagging On the Just Energy Transition
The latest rankings of Heavy Industry Companies from the nonprofit World Benchmarking Alliance show that companies in Asia’s two largest countries and greenhouse gas emitters, China and India, are failing to implement clean energy and ethical standards compared to their counterparts across the region and the world.
100% Renewable Energy Adoption is Possible For Taiwan’s ICT Companies
In June, Greenpeace, in collaboration with the Research Centre for Sustainable Hong Kong, released a cost-benefit analysis supporting the assertion that an accelerated transition to 100% renewable energy would bring economic and environmental advantages to 13 major electronics manufacturers in East Asia. The insights are particularly relevant for Taiwanese companies, key players in the high-tech electronics sector in Asia, whose renewable energy efforts have trailed their rivals.
Innolux and AUO Should Follow Apple and Sony
Global electronics brands like Apple and Sony have taken the reins of decarbonisation. They are proactively curbing GHG emissions from their operations and energy use and have also committed to reducing emissions from their supply chains. Others, including Taiwanese electronics components makers Innolux and AUO, are lagging.
Energy Storage Systems and Grid Investments Crucial For Enabling Renewables Integration in Asia
Clean energy technology innovations are continuously breaking records but to capitalise on them and unlock the gains of the clean energy transition, it is essential to accelerate the investments in grid flexibility and storage.
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