Fossil Fuel
COP26 and the Future of Hard-to-Abate Sectors in Asia
The announcements during the COP26 can be a turning point in the global energy policy. Not only because of all the new initiatives and targets for renewable energy development and coal phase-out, but also thanks to commitments to decarbonise hard-to-abate sectors.
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?
Investing in the Future of Hydrogen: A Path to Net Zero
Green hydrogen still accounts for a small percentage of total global hydrogen production. But it is a valuable, and necessary, energy source for the world to reach net-zero by 2050. This makes it a lucrative investment opportunity that has the potential to provide substantial returns in the coming decades.
Cheap Green Hydrogen and its Impacts on Asia’s Oil and Gas Industry
Much has been said about the trouble in decarbonising sectors like shipping and aviation, but...
Fossil Fuel Industry and the Media’s Role in Greenwashing
The fossil fuel industry has long relied on greenwashing. And in the last decade social media and increased internet use has made it much easier for this misinformation to reach consumers. Now it can be challenging to interpret true claims from greenwashed facts. It falls on the shoulders of consumers, regulators, and industry to clamp down on these tactics.
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.
The 7 Guiding Principles for Clean Hydrogen Energy Deployment
The hydrogen industry has long been reliant on fossil fuels. However, things are starting to change. Several companies are already making progress in clean hydrogen project and technology development. The introduction of the seven guiding principles, alongside the decreasing costs, marks the start of a new era that will allow governments and organizations to capitalize on green hydrogen's potential to streamline their decarbonization efforts.
Energy Transition in Oil and Gas Sector: A Dilemma
Asia will account for an estimated share of 43% of the global energy demand by 2040. Whilst fossil fuel projects are under pressure owing to climate commitments, renewables are not yet fully developed. Will the Asian countries bank upon oil and gas to fulfill the future energy demand?
Why Clean Cooking Is Not Always Climate Friendly
From a climate perspective clean cooking technologies that are currently being pushed are not always climate friendly with a reliance on LPG.
The Risks of the Continued Reliance on Oil and Gas in South Korea
South Korea's green commitments are a breadth of fresh air for a world, strangled in carbon emissions. But the country still isn't ready to abandon oil and gas.
What Role Will Hydrogen Oils Play in the Low Carbon Future?
Green hydrogen is one of several types of hydrogen oils, yet it is the only renewable variety. It is produced by splitting water molecules and is emissions-free. Unfortunately, it is still costly to produce and requires unique infrastructure. As technology improves, it will play an essential role in supporting the global low carbon future.
Ending Asia’s Love Affair With Oil and Gas
Asia is still heavily reliant on oil and gas, which has been boosted by growing natural gas consumption. Several groups have stated that it will be nearly impossible to reach international climate goals unless the region reduces emissions.
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.
Malaysian Oil and Gas Company Petronas Ventures into Renewable Energy
Petronas is one of the largest oil and gas companies in the world - controlling the fourth largest fossil fuel reserves in Asia. Yet the government owned business is aware that oil and gas is loosing traction. Since 2013 Petronas has been investing in renewable energy and currently controls over 1 GW of solar arrays. Further investment in renewable technologies is expected in the coming decades.
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