#fossil fuels News

Minister Grace Fu speaking at Ecosperity 2024
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.
Wind farm, Vietnam
EB Studio Decarbonisation won’t come easy – especially for Asia Pacific. With its growing presence in Singapore, climate solutions consultancy STX Group aims to assist corporates in the region to navigate the journey.
HEKINAN thermal power plant in Japan
The Glasgow Financial Alliance for Net Zero Asia Pacific (GFANZ APAC) network has launched a study to model the cost of retiring Japan’s coal plants early, which comes as the country’s government looks to review its energy plans this year.
Logging truck in Cambodia's Mondulkiri protected forest
Despite growing interest in nature and biodiversity, most investors have yet to incorporate deforestation into their financing policies and very few have done a detailed deforestation assessment across their portfolios, a new survey finds.
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#fossil fuels Opinion

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It's ironic that as scientific evidence on climate change and vaccines have become more compelling, public opinion on social media appears more divided.
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Air pollution is a 'silent killer', say former New Zealand PM and former WHO chief scientist.
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Climate activists will keep pushing on – but they don’t deserve the treatment they’re getting.
Coal_Mine_Borneo
Moving in the opposite direction from the rest of the world, Indonesia plans to lower its renewable energy ambitions by 2030. The new governing administration needs to make effort to ensure that even the reduced targets are met.
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#fossil fuels Videos

GP clocks Shell oil terminal
The action comes despite the oil giant suing the environmental group for US$2.1 million after demonstrators boarded the company’s vessel at the Atlantic Ocean in January.
BCG video Eco-Business
EB Studio Asia's green transition pathways need to be socially inclusive given huge differences in economic development across the region, says experts at the Boston Consulting Group. State-owned enterprises have an "outsized" role to play, they add.
COP27 protests
Rich nations need to shift investments into renewables instead, they say. The civic space for demonstrations at this year's climate summit, held in Egypt, is more restricted than the Scotland event last year.
System change not climate change
Pension funds are some of the world's largest investors—holding trillions in assets—billions of which are pumped into fossil fuel companies like Shell, BP, and Total.
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#fossil fuels Podcasts

Manila, Philippines
EB Studio If a real estate development can reduce energy and water consumption – and emit fewer carbon emissions – it is built to last, Oliver Chan tells the Eco-Business podcast. The key, however, is to first educate future homeowners and businesses that going green does not mean breaking the bank.
The EB Podcast Petronas COP28
The oil and gas sector needs to cut operational emissions faster, Charlotte Wolff-Bye tells the Eco-Business podcast. But slashing fuel output won’t do for the Asian supplier, and it welcomes respectful debate at the climate summit.
Malampaya natural gas2
The Philippines has ended new coal development as it pursues a low-carbon future. Don Paulino of non-profit Philippine Energy Independence Council and boss of Shell's exploration arm, argues why natural gas should remain in the energy mix.
Blackrock podcast
Exclusive The world's largest asset manager says it has put sustainability at the core of its investment approach. Eco-Business speaks to Shinbo Won, BlackRock's investment stewardship director in Singapore about what this means for investors, and how companies are responding to increased ESG pressure.
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