He dislikes spending climate money, but opportunities could arise where interests align. Observers also hope the private market can pull through if the US disengages.
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.
But Filipino nuclear engineer Ronald Daryll Gatchalian says atomic energy will complement intermittent renewable power, and considers “infighting among low-carbon technologies” an obstacle to the country achieving climate goals.
Experts say that rerouting subsidies and implementing a better tender process for renewables can help Indonesia reduce its dependence on coal and other fossil fuels.
Asean needs to develop a collective response to the geopolitics of renewable energy in order to address resource nationalism and the adverse impacts of growing US-China rivalry on Southeast Asia's energy transition.
Three candidates are in serious contention for governor of Southeast Asia's largest city. Do their promises to fix Jakarta's worsening air pollution, poor waste infrastructure and chronic flooding hold water?
In an interview with Eco-Business, CEO Meg O'Neill says Woodside will have to engage investors on natural gas decarbonisation and decide if doing so is "the most effective use of shareholder capital". Australia has been under fire for backing gas drilling despite its 2050 net zero goal.
There is consensus that coal needs to be retired early in Asia, but the mechanisms for financing the phase-out are not clear. This mini-documentary examines how transition credits work and whether they can fund Southeast Asia's equitable switch to clean power.
At COP29, the city-state unveiled a third investment theme to decarbonise hard-to-abate sectors under its national blended finance scheme and pledged to match partner concessional capital dollar-for-dollar.