Features
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.
Bangladesh’s Energy Scenario in 2023
As Bangladesh recovers from energy shortages in 2022, there are questions about its energy stability in the coming years. While the country aims to produce 40% of its power from renewable sources by 2040, the current government is negotiating long-term LNG contracts. Without a switch to renewable energy, Bangladesh's energy grid will remain vulnerable to energy disruptions and the associated economic disruption.
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.
Japan’s Hydrogen Plans: A Closer Look
Japan is basing much of its 2050 net-zero goals on hydrogen development without clearly defining what it considers "clean hydrogen". As such, its hydrogen plans mostly rely on blue hydrogen, which still involves burning fossil fuels.
Global LNG Outlook 2023: Is There a Future for LNG?
Global LNG markets will remain volatile for the rest of the decade, negatively impacting Southeast Asia. The region's carbon emissions-intensive gas-to-power build-out exacerbates the problem. With a myriad of problems from LNG and gas-to-power usage, energy economics dictate that renewables development is the best path for Southeast Asia.
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