Fossil Fuels
G7 Ministers’ Meeting 2023: What Is the Desired Outcome?
The G7 Climate and Energy Ministerial Meeting is shaping up to be a roadshow for Japan's questionable technologies. If the world is to stand a chance in limiting climate change to 1.5°C, the G7 reject the proposals, speed up coal phase-out and limit gas investments.
Asia’s Role in the Russia-Ukraine War: One Year Later
A little over a year after the start of the war in Ukraine, CREA's data reveals that countries continue actively buying Russian fossil fuels, with Asian nations among the leading contributors to Russia's state budget.
Japanese Technology Expansion: Southeast Asia Pays the Price
This year's G7 meeting, which Japan will chair, remains an important moment for its international credibility in the battle against the climate crisis.
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.
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.
The Future of Renewable Energy Looks Brighter than Ever
IEA's Renewables 2022 report revealed that the world is planning for massive clean energy capacity expansion. The findings are even more ambitious than the agency's last year report.
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.
Global Inflation 2022: The Culprit – Fossil Fuel Prices
Aside from taking a toll on the climate and the environment, fossil fuels are also bearing massive financial and economic risks, including stranded infrastructure, cascading inflation and unstable energy supplies.
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.
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.
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