Fossil Fuel

Natural Gas Outlook and Key Trends in Southeast Asia

Natural gas use in Southeast Asia will increase significantly over the next several decades. This is being fueled by governments and lenders alike. While this is a viable immediate alternative to coal and oil, it is not a long-term solution. Southeast Asian countries must continue working towards developing a robust renewable energy system.

Oil Majors Spend More on Spin, Less on “Green Hydrogen”

Several oil companies have stated goals to reduce their emissions. Often a key piece of this plan focuses on increasing natural gas production and investing in hydrogen energy. Unfortunately, there are many types of hydrogen energy and only one type is sustainable - green hydrogen. Currently, green hydrogen only accounts for a fraction of total hydrogen production.

Oil and Gas in India: What is the Way Forward?

Oil and gas play a major part of India's energy mix. Unfortunately, India remains focused on the sector, and is making substantial investment towards natural gas in the coming decades. This move remains at odds with global emissions targets and puts India at risk of missing the economic benefits of renewable energy development.

COP26: How Lack of Climate Finance Derails Coal Phase-out Agenda

The chaos around the last-minute change in the coal declaration by India, China and South Africa at COP26 has certainly made it harder to reach the 1.5-degree target. At the Glasgow UN climate summit, nations pledged to phase-out coal, reduce methane, end deforestation and support the energy transition, etc. With the USD 100 billion pledge of climate finance still not being fulfilled, small and developing countries called for climate justice. Many nations now plan to revisit their commitment by the end of 2022.

Case Study: Post-Oil Era: How UAE is Prepping For It

The UAE is known for being in an oil-rich region and historically relying on oil exports as a significant part of its economy. This reliance on oil is now slowly changing in preparation for the post-oil world. Multiple government programs and private sector investments are behind this transition, which is all working towards emissions targets for the coming decades.

Denial by “Natural Gas Industry” and Greenwashing Practices

The oil and gas industry has been one of the most influential sectors over the past several decades, but there are signs that this may be changing. Public and private sentiment is shifting, and the spotlight is swinging towards renewables. In an attempt to slow this transition, many fossil fuel companies have increased lobbying and public outreach. Unfortunately, this has led to a rise in greenwashing. The reality is that change is happening, and it is in the best interest of these fossil fuel giants to shift with it, capitalizing on the changing market.

COP26 – With No Financing to Go Around, Cancelling All New Coal Power Plant is a Practical Move for Host Countries

China’s recent pledge solidifies a global financial trend away from coal, as several private and governmental institutions, most notably from Japan and South Korea followed by all G20 countries, have made similar announcements. Recent announcements at the COP26 climate talks from national governments also raises questions about the future of new coal plants. With several countries pledging to phase-out coal in 2040 – or the equivalent conditional on financial support – building new coal capacity will be incompatible with these carbon neutral pledges and other climate commitments.

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.

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