coal

Indonesia’s NRE Bill Calls On Coal-based Energy Sources

Indonesia is still debating its New and Renewable Energy (NRE) Bill five years after its introduction. However, the draft bill includes coal derivative products, while the environmental stance of the country's newly elected president, Prabowo Subianto, remains problematic at best.

Addressing Captive Coal Power Crucial to the Decarbonisation of Indonesia

According to a joint report by CREA and Global Energy Monitor, future emissions from Indonesia’s captive coal plants are a major threat that must be considered within the planned use of the USD 20 billion Just Energy Transition Partnership (JETP) funding.

Why Does Japan Rely on Fossil Fuels?

Japan is often overlooked in the conversation about the biggest climate offenders. However, in their current form, Japan’s plans for “clean coal” and hydrogen pose a major risk, extending the life of fossil fuels.

Coal Phase-out Accelerates Globally Except in China: ‘Boom and Bust’ 2023

Thanks to its unprecedented renewable energy capacity additions, China was poised to be a leader in the battle against climate change. However, its coal pivot risks tarnishing that.

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.

The Role of Coal in Asia

Transitioning away from coal won’t be easy, nor will it happen overnight. However, it is necessary and has to start now. Fortunately, developing Asia has all the means to ensure that this transition is fair, just and efficient.

New Report Reveals Global Coal Power Capacity is Shrinking

The global coal power capacity is in a decline. While some Asian countries still plan for the construction of new coal capacity, most are starting to realise that fossil fuels are a dead end.

The Coal Financing Landscape – Who Are the Biggest Fossil Fuels Supporters?

Betting on coal companies and keeping a dying industry afloat in the midst of an existential climate crisis is a dangerous game. Yet, world-leading banks and asset managers continue to play it.

IPCC Report: Climate Finance for Adaptation Must Increase for Developing Countries

The latest IPCC Working Group II report largely stresses the need to accelerate climate adaptation, eradicate injustice and end the use of fossil fuels. The report, ‘Climate Change 2022: Impacts, Adaptation, and Vulnerability,’ emphasised that coal and other fossil fuels are choking humanity.

Indonesia Bans Coal Exports for January – What it Means for the World

The effect of Indonesia's decision to ban January coal exports ripples through the leading Asian economies. Coal shipment bans from leading exporters are yet another reminder that fossil fuels are a dead end and surface an extensive universe of risks. However, they might prove detrimental in putting the industry to bed.

Clean Coal: Fact or Fiction?

"Clean coal" has been touted by many public organisations and private sector companies as an immediate solution for standard fossil fuels. In reality, data shows it does not compare to the emissions rates of renewable energy. While "clean coal" does remain a topic of discussion, many countries are starting to understand it is not a viable long-term solution.

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.

How Carbon Pricing Can Catapult Energy Transition in Asia

Relevance of carbon pricing for energy transition in Asia

Investing in Coal Projects Bears Major Financial and Reputational Risks

A business environment held in the grasp of a global pandemic is anything but stable....

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