As declining oil output increases reliance on on foreign supply, the region’s oil import bill could exceed US$200 billion by 2050, posing major economic and energy security risks without a faster renewables shift, says the global energy authority.
The carbon capture capacity set to come online by 2030 far outpaces transport and storage capacity in key markets, finds a new report. Apart from Japan and Indonesia, the rest of Asia still lacks clear regulations for the costly technology.
Maharlika Investment Corporation head Rafael Consing Jr aims to reap “private equity-type returns” from running state-owned copper mines while minimising environmental harm, as the country rides the renewables boom. But critics disagree that such ventures fall under the fund’s mandate.
Allowing private firms to sell clean power directly to consumers via PLN's networks could help the country meet its targets without burdening the national budget and to let the state-owned electricity utility focus on grid modernisation.
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Mutya Yustika
As the frontrunner for green hydrogen projects in Southeast Asia, Sarawak’s success or failure in the next two years will serve as a bellwether for Malaysia’s hydrogen economy goals, Asean’s hydrogen future and global clean hydrogen demand.
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Christopher Len
Bullish gas plans ignore the financial challenges of infrastructure development, renewable energy potential in the region and climate policy restrictions.
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Ayumi Fukakusa and Lidy Nacpil
As the Asian Development Bank holds its premiere clean energy event this week, human rights activist Lidy Nacpil argues it is not acceptable merely to accelerate the transition.
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Lidy Nacpil
Gaurav Sant, founder of startup SeaChange, tells Eco-Business about a technology he hopes will give the world's oceans the capacity to absorb additional carbon dioxide from the atmosphere.
After 20 years without electricity, more than 50 households in Cebu's poorest district have been provided with solar energy, financed by carbon offsets.
Improving energy efficiency could meet a quarter of Southeast Asia’s emissions reduction targets. Here is how efficiency could drive Southeast Asia's energy transition.
Vietnam's wind market is thriving, but more work lies ahead if the country wants to power its booming economy without imperilling its people and the planet.
Entrepreneur Steve Melhuish tells the EB Podcast where the biggest opportunities to reduce emissions and make money are in Southeast Asia, and why finding the right economic incentives is critical for climate tech startups.
The new head of Japan and Southeast Asia for ClientEarth tells the Eco-Business Podcast how the law can be used to hold polluters to account in the world's biggest emitting region. She also says it's time the legal profession faced scrutiny for greenwashing.
Former petrochemicals industry executives Steve Willis and Genevieve Hilton have written a novel set 50 years into the future that has a happy ending. They tell the Eco-Business podcast that the book is a pitch to carbon-intensive industries to try workable climate solutions.
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.