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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 Economic Benefits of Renewable Energy for Asia: Crunching the Numbers
The transition from fossil fuels to renewable energy in Asia will unleash massive economic benefits, including expanding the job market, ensuring steady GDP gains and hedging the unpredictable fossil fuel prices.
Are Exxon’s Asian Carbon Capture Intentions Genuine?
Exxon's carbon capture plans are grand. They hinge on developing an extensive CCS network centred in Singapore, connecting with the surrounding countries. Ultimately, this will facilitate the adoption of carbon capture in Southeast Asia and place Exxon at the centre of this growing market.
Does Wind Energy Have A Place In Singapore?
Singapore has grand plans for its renewable energy transition. This will primarily focus on domestic solar generation and the importation of renewable energy from neighbouring countries. Additionally, wind energy will likely have a small role to play. As low wind speed turbine technology improves, wind energy will become more viable for local generation.
Inside Asia’s Floating Solar Panels Boom
Floating solar farms provide a way for solar adoption in areas without adequate land – often in lakes and the ocean. When combined with existing hydroelectric dams, floating solar continues to become more enticing. The technology will likely play a major role in many Asian countries reaching their net-zero targets over the next several decades.
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 Proposed Vietnam PDP8 Update and the Risks From the Coal Pivot
The recently proposed update to the Vietnam PDP8 draft risks deteriorating the country's clean energy progress. Experts are united around the idea that the drafted coal pivot will surface various negatives, including lack of financing, slower clean energy transition, increased climate impact, and increased reputational risk for the country.
South Korea’s Renewable Energy Transition and Its Barriers
An analysis of the main obstacles that slow down the renewable energy transition in South Korea and the country's efforts to achieve net-zero by 2050.
Importance of Climate Finance and Climate Change to Strengthen Global Solidarity
Analysts are clear: climate financing is insufficient and unevenly distributed. Developing Asian countries, especially those in the south, have to be the most concerned, considering they are the most vulnerable to climate crisis impacts.
What Is the Future of Sustainability in Sports and Sponsorships?
The focus of sports has long been on competition, show and profit. Little emphasis has...
The Curious Case of SMBC Group – Financing Climate Change Offenders
While SMBC Group has taken some positive steps in terms of its green commitments, it falls way behind global and even local competitors. Unless the financial institution makes a dramatic U-turn, it will bear the consequences of excessive stranded asset and reputational risks.
Solar Power in Singapore: A Shining Energy Source
Singapore is working to meet 28% of its peak power demand with solar energy by 2030. The country chose solar as its main renewable energy focus due to its high levels of solar irradiance and limited land area. To meet these targets, Singapore will need to invest in innovative approaches to harness its solar power, like floating PV systems.
Hyundai Backtracks On RE100 Pledge With New Ulsan LNG Plant
After joining RE100 and committing to 100% renewable energy, Hyundai Motor Company released plans for a new LNG facility. This directly contradicts its RE100 pledge and raises serious accusations of greenwashing. The move is surprising for the second-largest company in South Korea and is seen by many as a poor publicity choice and a financial risk. The project is currently on hold but remains a possibility.
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