Coal
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.
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.
There and Back Again: The Transition From Coal to Gas in Bangladesh
Gas to coal to gas again – this sums up Bangladesh’s trajectory on the energy...
Fossil Fuel: Rising Concerns On Vanguard’s Investments
NGO raises concerns on Vanguard's fossil fuel exposure
Chinese Banks – Fossil Fuels Projects They Are Funding
We recently discussed how Chinese banks were risking their reputation with investments in coal. As...
How Carbon Pricing Can Catapult Energy Transition in Asia
Relevance of carbon pricing for energy transition in Asia
ADB’s Double Standard On Fossil Fuel Investments
ADB withdraws from coal investments but continues to support oil and gas projects
Chinese Banks Risk their Reputation With Investments in Coal
Chinese banks have made investments in coal for decades and this hasn’t changed with China’s...
Investing in Coal Projects Bears Major Financial and Reputational Risks
A business environment held in the grasp of a global pandemic is anything but stable....
Japan’s Uncertain Future in Financing Overseas Coal Power Plants
Toxic emissions from coal-fired power plant
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