Renewable Energy
COP28 Targets Tripling Global Renewable Energy Capacity
COP28 is underway, and the target to triple renewable energy capacity by 2030 is the main headline. For the plans not to end up as another empty promise, global leaders should work to establish the needed regulations, investments, mechanisms for equal distribution and adequate progress monitoring processes.
Clean Coal vs Renewables: Economic Costs and Gains For Southeast Asia
Despite the subsidies and industry support, Japan’s proposed technologies are struggling to prove promising even at home. Yet, it aims to export them to countries with much more fragile economies and significant challenges. Crunching the numbers reveals that Southeast Asia has a lot to gain if its pursues renewables instead.
COP28 Climate Finance Day Nets USD 12.5 Billion in Pledges
Day five of the COP28 summit in Dubai started shaky, as reports broke over summit president Sultan Al Jaber’s earlier anti-fossil fuel phaseout comments. However, by the end of the day, significant progress had been made regarding climate change funding, setting the pace with at least 40 different financial pledges.
The IEA’s World Energy Outlook 2023: Global and Asian Gas Demand to Peak by 2030
The International Energy Agency (IEA) reports that while clean energy adoption is accelerating rapidly, current policies will still push global warming to 2.4°C, far beyond the Paris Agreement's target. Global leaders must make COP28 count by pledging to achieve the IEA's five pillars for getting back on track.
Southeast Asia Prefers Renewables, But Misplaced Fears of High Costs Delay Adoption
Southeast Asia has immense clean energy potential, and experts estimate that capitalising on it will unlock massive gains. With renewables being the cheapest source of new power in countries comprising two-thirds of the global population and responsible for 90% of electricity generation, switching to renewables will help Southeast Asian countries ease the burden of fossil fuel subsidies on their economies.
IEA: Urgent and Joint Action Needed To Keep the 1.5°C Target Alive
The IEA's latest report is clear: global leaders either take urgent and collective action now or miss the 1.5°C target.
Breakthrough Agenda 2023: Cooperation Key to Advancing Clean Technologies
The clean energy transition is advancing but not at a pace adequate for a net-zero scenario. The Breakthrough Agenda Report 2023 recommends governments strengthen collaboration and ease regulatory burdens to accelerate clean technology deployment.
A Bumpy Road Ahead for Malaysia’s Net-zero 2050 Ambitions
With diminishing oil and gas resources, costly fossil fuel subsidies and rising sea levels and temperatures, the pressure is on for Malaysia to pursue its net-zero targets.
Climate Change in South Korea: Floods, Heat and Looking Away
South Korea's strategy to address climate change's impacts is reactive, not proactive, while its newly adopted policies and upcoming plans continue to undermine renewables.
Malaysia’s Renewable Energy Push and Goals
Energy Insights speaks with Kian Min Low, the Chief Renewables Officer at Malaysian renewable energy company Gentari.
Heatwaves in 2023: A Glimpse Into the Future of Climate Change
The G20 Summit, the UN Climate Ambition Summit and COP28 are just some of the opportunities to seal the fate of fossil fuels.
The G20 Energy Transitions Working Group: A Wasted Opportunity For Progress
The G20 ETWG became the latest conference that failed to produce meaningful fossil fuel phaseout progress.
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