Fossil Fuel

Unaffordable Fuel Prices Stall Asia’s LNG Expansion

As high gas prices rock global markets, Asia is facing a permanent contraction in demand for LNG and looking toward other energy sources. Several LNG facilities across Asia could go underused or risk cancellation.

The Future of Renewable Energy Looks Brighter than Ever

IEA's Renewables 2022 report revealed that the world is planning for massive clean energy capacity expansion. The findings are even more ambitious than the agency's last year report.

Is Biofuel Renewable? The Ongoing Debate

Biofuels are made from organic matter, which is either directly farmed for biofuel production or collected from biomass waste. This makes biofuels renewable. Additionally, plant growth and combustion are carbon neutral. However, biofuel production requires many outside inputs that release carbon dioxide and impact the environment. Will biofuels play an important role in the world's energy transition?

Tackling Greenwashing: the Report of UN Experts at COP27 Reveals All

The latest report of the UN High-Level Expert Group, however, can be a real difference-maker, if it provokes regulatory action.

The Role of Coal in Asia

Transitioning away from coal won’t be easy, nor will it happen overnight. However, it is necessary and has to start now. Fortunately, developing Asia has all the means to ensure that this transition is fair, just and efficient.

Gas Deals at COP27 Egypt: All You Need To Know

There is a feeling that COP27 did more for fossil fuels than clean energy. However, convinced of the benefits of the latter, some Asian countries are actively progressing towards a more sustainable, cost-efficient and resilient energy system.

Oil Companies Post Record Profits in 2022 Amid Global Energy Crisis

Oil majors had some of their highest profits ever during the second quarter of 2022 causing global outrage as inflation rates rise, the war in Ukraine continues and natural disasters causing devastation. The actions of energy giants can be connected to these global issues by causing or profiting from them.

COP27 Egypt and the Outlook For Natural Gas in Asia

COP27 has shown that while gas won't be going away soon, its faith is already determined. And Asian countries should be aware of that.

Global Inflation 2022: The Culprit – Fossil Fuel Prices

Aside from taking a toll on the climate and the environment, fossil fuels are also bearing massive financial and economic risks, including stranded infrastructure, cascading inflation and unstable energy supplies.

Climate Action 100+ Net-Zero Company Benchmark: Sufficient Progress But a Lack of Real Action

While companies have shown significant progress in terms of net-zero commitments, experts say they still fall short of achieving actual results.

G20 Nations Are Committing Billions More to Fossil Fuels – Price of Oil Report

The deadline for the end of global public fossil fuel financing is quickly approaching. Yet, many G20 countries and leading MDBs and DFIs continue pouring billions into coal, oil and gas, widely ignoring renewables. The COP27 and G20 meetings will give financiers a stage to explain why.

The Pros and Cons of Hydrogen Fuel Cells

Hydrogen fuel cell technology is slowly improving, and many climate experts predict it will have a critical role to play in the global energy transition. This comes at a time when the pros of green hydrogen are starting to outweigh the cons, and several industries see hydrogen fuel cells as a viable way to decarbonise. As more investment flows into production and governments provide incentives, green hydrogen production costs will continue to fall.

Electricity Price Hikes in the Philippines

The filed petition for a temporary adjustment to the 2019 power supply agreements by SMC and Meralco and its rejection by the regulator are yet more indications of the importance of proper risk management and the drawbacks of relying on fossil fuels in a net-zero-chasing world.

Is Hydrogen Renewable?

Hydrogen is an energy-dense fuel that will play an essential role in the world's future energy mix. However, not all hydrogen is created equal, and as of 2022, most of the hydrogen produced is not made using renewable energy. The world needs further investment into green hydrogen technologies to drive down production costs, making large-scale adoption feasible.

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