News / #coal
Carbon & Climate
Why isn’t China’s emissions growth slowing like its GDP?
Despite slowing GDP growth, coal consumption is on the up, largely due to a failure to improve energy efficiency.
Carbon & Climate
South Pole and GenZero launch new centre to scale ‘high-impact first-of-a-kind’ carbon credits in Asia
Co-led by two senior South Pole staff, the Singapore-based Asia Centre of Carbon Excellence seeks to grow nascent decarbonisation projects in the region, such as early coal phase-out, greener shipping fuels and carbon capture and storage.
Energy storage and just transition costs would make such novel credits several times more expensive than the typical renewable energy or forest conservation offsets available today.
Minister Grace Fu suggested that the region's emissions allowance would be better spent on manufacturing industries needed to sustain the aspirations of a young and growing Southeast Asia. Countries besides Singapore are needed to build an Asean renewables-based energy grid.
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20 March 2024
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14 March 2024
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