Natural Gas
Japan’s Carbon Capture Investments in Australia Pose Significant Financial Risk
Japan continues to fund carbon capture projects in Australia despite lacklustre results and high costs resulting in mounting financial losses.
Natural Gas Forecast 2023: Demand in Asia to Bounce Back
While natural gas prices are expected to remain low, they would still be above their historical averages. As a result, Asian countries' imports would still be costly, even in an ideal world without any market volatility.
Thailand’s LNG Development Is Not The Way Forward For Its Energy Sector
Thailand is one of the few Asian countries ramping up LNG procurement as prices for the fuel dip. This comes as it needs gas to drive a post-COVID economic recovery. However, lower prices are only part of the story. The other part is that Thailand is a natural gas-based economy.
How the Unreliability and Unpredictability of Fossil Fuels Hurt Bangladesh
Bangladesh has suffered enough from fossil fuel import dependence and has experienced first-hand how the dirtiest fuels affect the climate. However, thanks to its clean energy potential, the country holds the keys to an independent and sustainable future.
Japan’s Natural Gas Dependence: A Liability For the G7
Japan imports over 90% of its natural gas. As a result, it is reliant on the global LNG market and current events to dictate supply and energy costs. This is a liability that was highlighted in 2022 due to the country's dependence on Russian natural gas. Developing a robust renewable energy grid is the only viable long-term solution.
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 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.
The Power Sector in Bangladesh Is Slowing Its Economic Growth
Bangladesh's energy crisis rocked the country in the second half of 2022. Brought on by record-high LNG prices, the country – which is heavily reliant on natural gas – had to limit local energy consumption. Rolling blackouts, power-shedding and other energy-saving measures have been significant roadblocks for the country's growing manufacturing sector.
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.
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.
Facts About Gas Create A Divide In Its Future
Natural gas continues to be the centre of a global debate. Can it be a viable transition fuel? It is a flexible fuel that produces less carbon dioxide than coal and oil. However, it consists of methane and is not renewable. Understanding the facts about natural gas is critical in untangling this debate.
The Global Cooksafe Coalition and the Mission to Accelerate the Switch From Gas to Sustainable Cooking
Cooking with gas is associated with health, climate and financial concerns. The mission of the Global Cooksafe Coalition is to help households worldwide overcome them by transitioning to electric and induction cooking.
Upcoming LNG Projects in Asia: The Outlook for 2023 and Beyond
Developing Asian countries have felt the financially-devastating consequences of relying on natural gas. Yet, they are planning for a massive buildout of LNG terminals – a move that will lock them in a future of stranded assets, high power costs and energy independence.
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