Region
Solar Homes: The ‘Mini Power Stations’ Popping Up Across India
The prospect of solar was first discussed in 1961-66 signifying India’s consciousness for reducing carbon footprint. Since then a total of 60 cities have been selected across the country for solarisation with the primary objective of decreasing the projected demand of conventional energy and motivating local governments to adopt renewable energy technologies and energy efficiency measures.
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.
Vietnam’s Coal Pledge at COP26 – A New PDP8 and Net-Zero by 2050
Over the past year, Vietnam has been going back and forth in its energy roadmap. However, the country used the stage of COP26 to announce ambitious renewable energy targets and a commitment to phase out coal - a clear sign that it is getting back on the right track.
What the Future Holds for the Renewable Energy Industry in Asia
Asia is responsible for over 45% of the world’s CO2 emissions. The region counts 93 of the 100 world’s most polluted cities. As home to over 50% of the world’s population and 60% of the largest cities, Asia will also soon face a rapidly increasing energy demand. The way the continent will face it will be detrimental to the global net-zero efforts.
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?
Why Asia’s Transition to Sustainable Energy is Critical
Over the past decade, the renewable energy progress across Asia has started to pick up pace. However, due to how important the continent is for the global decarbonisation efforts, the world doesn't only need Asia to progress. The world needs it to lead the sustainable energy future.
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.
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.
Countries Gearing Toward the Clean Energy Transition
Asia is the main engine behind the clean energy revolution. Developing and developed markets across the continent are now increasingly working towards a sustainable future. While challenges remain, the opportunities are huge. China, India, and the ASEAN countries' success stories are just a small example of what lies ahead.
Asia’s Pathway to a Sustainable Future
As the biggest energy consumer and leading CO2 emitter, Asia is the continent in the biggest need of tangible and collective action in the fight for a net-zero future. While the progress hasn't been on par with the EU and the US so far, experts are unequivocal - Asia is the continent that will experience the biggest renewable energy boom in the upcoming decades. For financiers, this means unrivalled opportunities.
Greening Urban Transport in Asia to Meet Net-Zero Goals
Most Asian countries have some form of net-zero goal. Reaching these goals is critical but only possible if transportation emissions significantly decline. Unfortunately, throughout Asia, many countries are seeing a steady increase in personal car ownership. It will fall on the government and private sector to develop sustainable forms of urban transport that increase transportation efficiency and decrease emissions.
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?
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