Coal

The Coal Financing Landscape – Who Are the Biggest Fossil Fuels Supporters?

Betting on coal companies and keeping a dying industry afloat in the midst of an existential climate crisis is a dangerous game. Yet, world-leading banks and asset managers continue to play it.

IPCC Report: Climate Finance for Adaptation Must Increase for Developing Countries

The latest IPCC Working Group II report largely stresses the need to accelerate climate adaptation, eradicate injustice and end the use of fossil fuels. The report, ‘Climate Change 2022: Impacts, Adaptation, and Vulnerability,’ emphasised that coal and other fossil fuels are choking humanity.

What Is Behind the Japan Ammonia Greenwash Accusations?

The Japan ammonia greenwash accusations are the latest testament of the country's hesitance to actively pursue a renewable-led future. After hydrogen, it now looks towards another fuel that experts consider more of a distraction, rather than a solution.

How Banks Are Making it Hard to Fight Climate Change

While banks are increasingly looking to diversify into climate-friendly portfolios, many institutions continue to back coal. Due to their increased responsibility and influential role in fighting climate change, banks should aim to end support for coal expansion and redirect financing towards renewable energy projects.

The Reality Behind China’s Net-Zero Target: Can It Be Achieved?

China's 2060 net-zero target is starting to appear in question. Their recent increase in coal production, combined with lacklustre commitments at COP26, are not good signs. This raises several red flags, as China has significant influence over the region, and their climate actions will have trickle-down effects that dictate regional net-zero progress.

Indonesia Bans Coal Exports for January – What it Means for the World

The effect of Indonesia's decision to ban January coal exports ripples through the leading Asian economies. Coal shipment bans from leading exporters are yet another reminder that fossil fuels are a dead end and surface an extensive universe of risks. However, they might prove detrimental in putting the industry to bed.

Coal in Indonesia – A Troubling Sticky Habit

Indonesia is the world's fifth-largest coal producer and largest coal exporter. Coal is a significant part of the economy and a substantial portion of its energy mix. Unfortunately, coal power has not provided electrification to many remote regions of the country and is a significant roadblock in global net-zero targets. Indonesia needs to reassess its energy policy.

Clean Coal: Fact or Fiction?

"Clean coal" has been touted by many public organisations and private sector companies as an immediate solution for standard fossil fuels. In reality, data shows it does not compare to the emissions rates of renewable energy. While "clean coal" does remain a topic of discussion, many countries are starting to understand it is not a viable long-term solution.

The Role of Coal in China’s Path to Net-Zero Emissions

China has publicly made their target to be net-zero emissions by 2060. In support of this goal, they have made significant strides in increasing their renewable energy capacity. Yet, at the same time, coal consumption has continued to rise. Without reducing coal consumption, achieving a net-zero economy is nearly impossible.

Case Study: Tsingshan Industrial Parks in Indonesia Post-China’s Coal Pledge

In light of the no-coal-power-overseas pledge by China’s President Xi Jinping and Indonesia’s commitment to no new coal power in the recent COP26, the industrial parks fueled by captive coal power in Indonesia, developed by China, face challenges and their future is dotted with question marks.

COP26: How Lack of Climate Finance Derails Coal Phase-out Agenda

The chaos around the last-minute change in the coal declaration by India, China and South Africa at COP26 has certainly made it harder to reach the 1.5-degree target. At the Glasgow UN climate summit, nations pledged to phase-out coal, reduce methane, end deforestation and support the energy transition, etc. With the USD 100 billion pledge of climate finance still not being fulfilled, small and developing countries called for climate justice. Many nations now plan to revisit their commitment by the end of 2022.

COP26 – With No Financing to Go Around, Cancelling All New Coal Power Plant is a Practical Move for Host Countries

China’s recent pledge solidifies a global financial trend away from coal, as several private and governmental institutions, most notably from Japan and South Korea followed by all G20 countries, have made similar announcements. Recent announcements at the COP26 climate talks from national governments also raises questions about the future of new coal plants. With several countries pledging to phase-out coal in 2040 – or the equivalent conditional on financial support – building new coal capacity will be incompatible with these carbon neutral pledges and other climate commitments.

A Close Look at China’s Five Year Plan for Coal (2021-2025)

Coal power is the anchor energy in the country, supplying around 70% of the electricity, also contributing roughly 43% of the country’s CO2 emissions. China has made promises in recent years to limit its coal power growth. But the world is still nervously guessing - how much coal power will be added to China’s domestic fleet before 2025?

Global Methane Pledge COP26: Its Impact on Asia’s Oil and Gas Industry

In the build-up to the COP26 conference in Glasgow, all eyes were set on global leaders to make meaningful progress in addressing methane emissions, the second leading cause of climate change. While the Global Methane Pledge is a necessary first step, governments and the fossil fuel industry will have to do more if we are to remain on track to meeting the Paris Agreement goals. In the meantime, the oil and gas landscape in Asia will have to change.

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