Region
What Will It Take For Japan To Achieve Carbon Neutrality by 2050?
Japan prepares to host this year’s G7 meeting in light of public criticism for its lack of decarbonisation progress and a continued obsession with fossil fuels. However, the country is now uniquely positioned to prove its critics wrong. Doing so will unleash various positives, both for Japan and the region.
Go Clean ICBC: Fossil Fuels Continue to Dominate the Investments of Chinese Banks
China and its state and privately owned banks' continued support for coal projects are the main lifeline for the dirtiest fuel. However, with global decarbonisation efforts underway, supporting projects like these can also bear massive financial and reputational risks.
Bangladesh Grapples With Adani Over One-sided Power Deal
Bangladesh finds itself in an expensive coal-fired power plant deal with Adani. Not only is the deal not in the best interests of Bangladesh, it needs to be replaced by cleaner and cheaper renewables development.
Is Apple Sustainable?
Apple's 2030 net-zero goals for its products and supply chain are the focus of its sustainability efforts. So far, the company has been making progress toward this goal, yet there is still a long way to go. Additionally, while net-zero is important, it is not the only facet of sustainability. Topics like waste generation and resource use are also critical for limiting impacts on the planet.
India-Australia Free Trade Agreement’s True Impact on India’s Coal Imports
With the India-Australia bilateral trade agreement (IAFTA) coming into force, will coal from Australia really be 2.5% cheaper and entice India to up its imports?
The Impacts Of the Electricity Price Increase On Asian Countries
While the electricity price hikes across developing and developed Asian nations started in 2022, they are expected to extend into 2023. This risks impeding economic growth, fueling inflation and affecting the poorest the most. On the bright side, it is the perfect moment for a long-needed energy system overhaul.
Debunking Japan’s ‘Clean Coal Technology’ Claim
Japan's clean coal ambitions have been criticised as another attempt to stall the country's clean energy transition and keep coal afloat.
South Korea’s LNG Reliance
South Korea is deeply involved in the development of LNG import and gas-to-power infrastructure across the Asia. It must divert its resources to renewables.
High Energy Prices Wreak Havoc on Sri Lankan, Bangladeshi and Pakistani Economies
Before Russia’s invasion of neighbouring Ukraine, Sri Lanka, Bangladesh and Pakistan had set their hopes on LNG to diversify their respective power generation mixes away from an overreliance on coal. However, record high LNG prices in the Asia-Pacific region, for both spot procurement and LNG indexed to crude oil, have wreaked havoc on these countries.
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.
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.
Climate Change in Japan: The Role of Japanese Companies
Japanese companies can be a real driving force in the country’s decarbonisation journey. The government, on the other hand, has to set more ambitious targets. Only by working together can the state and the private sector accelerate Japan's net-zero transition.
UN General Assembly 77 (UNGA 2022) Convenes After Pakistan Flooding
The UN General Assembly 77 comes at a time when climate impacts are at the forefront of the global agenda. From the climate-related disasters in Pakistan to soaring fossil fuel costs, the stage is set for countries to discuss some of the major climate issues that remain unresolved after COP26. This includes the lack of climate funding for developing countries and the growing economic cost of inaction.
San Miguel Corporation’s LNG Projects and their Implications for the Company and the Philippines
Natural gas has successively been shown to oppose the goals of solving the energy crisis. It causes environmental issues and won't help the Philippines decarbonise. Gas is now an impractical choice for the San Miguel Corporation, the regions biggest LNG developer.
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