Fossil Fuel

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.

Using Transition Bonds For Ammonia and Blue Hydrogen Projects: The Risks For Investors and the Issuing Companies

Using transition bonds to fund blue hydrogen and ammonia projects risks extending the climate crisis. But, more importantly, it tarnishes the idea of climate financing at a time when it is needed the most.

Is Natural Gas Renewable?

Natural gas is a fossil fuel that has been created in the Earth's crust over millions of years. It is cleaner than coal and oil but primarily consists of methane, which is a greenhouse gas far more potent for global warming than carbon dioxide. Investing in natural gas is not a viable long-term alternative to other fossil fuels. Yet, it can act as a "transition" fuel to bridge the energy gap to renewables in the short term.

Worst Companies for the Environment: Holding the Renewable Energy Transition Back

The companies with the most extensive resources are often the biggest climate laggards. Realising the difference they can make and starting to support the global clean energy transition would be massively beneficial for their own good and the future of everyone else.

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