Fossil Fuels

Russian Oil Exports and Fossil Fuel Revenues Outstrip the Invasion Costs

Banning Russian fossil fuels is the single, most efficient sanction countries can impose. Yet, as CREA's latest report shows, many of them continue buying Russian coal, oil and gas through official and alternative channels. All of this when renewables are within an arm's reach.

“Companies Funding Russian War” – CREA’s 2022 Report Exposes

Fossil fuels are not only fuelling the climate crisis but are also the engine that powers the Russian war in Ukraine. By buying Russian fossil fuels, Asian companies are becoming responsible for the war atrocities in the heart of Europe.

Who Buys Russian Oil and Gas? – The Case for Renewables in Asia

While Europe has imported the most fossil fuels from Russia, it is now banning them and plans a switch to renewables. However, Asian countries and companies need to follow this trend, as money spent on fossil fuels is money indirectly spent on Russia's war effort.

Labour Climate Change Policy 2022 in Australia – Ambitious, but Facing Lots of Challenges

Australia is on the receiving end of the harshest impacts of climate change. The IPCC says Australia is racing towards a future of similar or even worse disasters. Labours new climate policy offers hope.

The Philippines’ Climate Policies and the Priorities for the New President

The new president and his administration will have to lead the Philippines through one of the most critical moments in the battle against climate change. Considering how much is at stake for the island country, the new leadership should pursue ambitious climate policies that abandon fossil fuels and prioritise renewables.

Elections in Asia 2022 and Their Effect on the Region

The recent elections in South Korea, Australia and the Philippines have helped paint a picture of the region's net-zero journey. While the new leaders of the three countries have announced some ambitious goals, the overall sense is that more could be done, considering the vast renewable energy potential of the region.

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.

Plastic Pollution: Big Brands’ Greenwashing of Plastic Waste

A Reuters study suggests that less than 10% of all the plastic ever made has been recycled due to how costly it is to collect and sort it. However, plastic production will double within 20 years. While the problem comes from a single source, the consequences affect everyone.

The ARE Banking Report – How the Banks That Have Financed Emissions Can Change

Climate change will hit Asia the hardest, so local banks should act with urgency. However, Asian banks are lacking when it comes to their decision-making and sustainability policies.

The West Divests While Japan Continues Financing Russian Fossil Fuels

The Russia-Ukraine war is the latest example of Japan's dependence on fossil fuels. This time, however, not sanctioning oil and gas imports will bring on greater reputational risk for Japan and its corporate sector.

Reshaping the Renewable Energy Policy Environment Across Asia

Favourable climate-aligned policies and regulations can be the key to unlocking the net-zero transition across Asia - the region in the biggest need of decarbonisation. While the process won't happen overnight, it is important to lay the foundation today.

Enabling a Fair and Just Energy Transition in Asia

Enabling a fair and just energy transition in Asia can't happen overnight as it will require collective efforts from governments, fossil fuel companies and stakeholders. While the journey will, indeed, be long and challenging, the most important thing, for now, is to make the first step. There are lots of examples to learn from already. The rest is a question of priorities.

Why Clean Cooking Is Not Always Climate Friendly

From a climate perspective clean cooking technologies that are currently being pushed are not always climate friendly with a reliance on LPG.

Repercussions of China’s Coal Pledge on Asian Economies

China's historic pledge to stop coal financing abroad will help in lowering global carbon emissions. However, the decision may also risk economic growth in Asian countries like Vietnam and Indonesia. Experts demand stronger commitments from Beijing in order to support the renewable energy transition in the region.

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