Fossil Fuel
Using Gas for Cooking in Asia: History, Drawbacks And Future
In the search for cheaper and cleaner cooking alternatives, countries across the world are replacing gas stoves with induction and electric appliances. While low and middle-income countries in Asia might find this shift challenging at first, the path forward is clear – dirty and expensive fuels will make way for cleaner and cheaper alternatives.
High LNG Prices in Asia: Risk Causing Permanent Demand Drop
The demand for LNG in Asia is plummeting. Developing nations can't bear with the high gas prices and are actively looking toward renewables. Even fossil fuel stewards are starting to have second thoughts. And if the high gas prices continue, which seems likely, the demand drop might be irreversible.
Who Buys Russian Oil and Gas? – The Case for Renewables in Asia
While Europe has imported the most fossil fuels from Russia, it is now banning them and plans a switch to renewables. However, Asian countries and companies need to follow this trend, as money spent on fossil fuels is money indirectly spent on Russia's war effort.
Korean and Japanese Companies in Vietnam Are the Main Gas Expansion Advocates
The pressure from Japanese and Korean companies on Vietnam to move in the direction of gas expansion risks tarnishing the country's clean energy progress and locking it into a future of energy instability, high electricity prices and stranded assets.
Vietnam’s Block B Gas Project – the Potential Impact on the Involved Parties
Vietnam has a vast potential for wind and solar power. Yet, the country pushes ahead with plans like the Block B gas project. In a world of highly-unpredictable gas prices where the end goal is net-zero, such a step can prove costly for all parties involved.
Labour Climate Change Policy 2022 in Australia – Ambitious, but Facing Lots of Challenges
Australia is on the receiving end of the harshest impacts of climate change. The IPCC says Australia is racing towards a future of similar or even worse disasters. Labours new climate policy offers hope.
The Philippines’ Climate Policies and the Priorities for the New President
The new president and his administration will have to lead the Philippines through one of the most critical moments in the battle against climate change. Considering how much is at stake for the island country, the new leadership should pursue ambitious climate policies that abandon fossil fuels and prioritise renewables.
Steel Producers Are Slow To Reduce Emissions
Steel plays an integral role in our modern world, yet it is also known for its high rate of emissions. One way to curtail these emissions is by implementing electric arc furnaces in production. While some countries have adopted this technology, others continue to develop facilities reliant on heavy-emitting technologies. Experts believe the steel industry is falling behind and may hinder the world from reaching net-zero by 2050.
2022 Heat Wave in India and Pakistan – New Scientific Report
The World Weather Attribution Indian Pakistan heatwave study is a reminder that the climate crisis grows more severe by the day.
The G7 Summit 2022: A Recap of the 48th G7 Meeting and Where Leaders Failed
Leaders at the G7 Summit 2022 have taken some good steps but also some questionable ones, leaving a huge gap to fill leading up to COP27. Whether they follow on their pledges will show if there is any chance for the world’s net-zero journey to succeed. Because so far, the signs aren’t promising.
Will Oil-Producing Countries Remain Stable in a Decarbonising World
Fossil fuel-dependent countries should be actively looking to balance the trade-off between transitioning to a renewable energy-dominated power system and maintaining a stable economy without putting pressure on society. While the goal is challenging, it is possible.
Asia’s Banks Push the Region Towards Fossil Gas Future
After following the money trail behind the fossil gas expansion in Southeast Asia, a new report by CEED finds that thanks to the significant financial support, nations in the region are locking themselves into a fossil gas future.
Oil and Gas in Asia – Current State and What Lies Ahead for the Industry
The oil and gas industry outlook in Asia is set to rise, yet as clean energy demand rises, oil and gas look set to follow coal's demise.
The Reality of Oil and Gas Industry’s Net-Zero Commitments
There has been an increase in oil and gas firms committing to achieve net zero by 2050. However, with rising CO2 emissions, the current scenario demands immediate action. Experts stress the need to set an interim target with clear timelines.
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