#fossil fuels News

The Pluto LNG project in Western Australia
The Scarborough-Pluto LNG project in Western Australia will produce 3.5 times the United Kingdom’s annual emissions over its lifetime, torpedoing the decarbonisation pledges of the banks that are funding it, says Market Forces.
Shipping, sunset, Hamburg
LPG is "an attractive eco-friendly fuel" that can bridge the transition to zero-carbon shipping, according to researchers at Korea Maritime and Ocean University. Environmentalists say using the fossil fuel risks locking-in carbon emissions when greener alternatives are emerging to decarbonise a highly polluting sector.
Exxon Campus Concerts at NUS
A student coalition says Singapore's universities should divest from fossil fuels, and the likes of Shell, ExxonMobil, and BP should not be permitted to promote their brands on university campuses as they threaten academic freedom to criticise the environmental impact of oil and gas companies.
coal barge in kalimantan
Coal miners in Indonesia have been shirking their obligation to allocate 25 per cent of their output for the domestic market, leading to a critical shortage of the fossil fuel for power generation.
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#fossil fuels Opinion

South Luzon Thermal Energy Corporation (SLTEC) coal facility in Calaca, Batangas
How will Asia's energy transition mechanism — potentially the world’s largest CO2 reduction programme — phase-out coal in the energy-hungry region?
Coal being transported in China
As some green taxonomies compromise on gas, China’s own exclusion of fossil fuel electricity projects sends the right market signal.
airplanes grounded
There has been notable progress in curbing the supply of fossil fuels, but demand-side measures are lacking and the post COVID-19 recovery is looking like business-as-usual. That must be fixed to avoid climate disruption.
Harvard divest
Despite the increasing urgency of the climate crisis, many of the world’s most powerful financial actors have continued to invest in the fossil-fuel industry. But a new trend in the law is forcing institutional investors to decarbonise their portfolios – or be held legally accountable.

Carbon & Climate

Net zero is not zero

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#fossil fuels Videos

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.
fossil fuel warning on greenwash ads
In the video, environmental law group ClientEarth compares the oil and gas giant's advertisements on its low-carbon investments to a burger chain claiming that they’re vegan because they’ve got salad on the menu.
A view of Orchard Road, Singapore
Sponsored About four out of every five people impacted by sea-level rise by 2050 will live in East or Southeast Asia, creating an urgent need climate-smart solutions for cities. This year’s Innovate4Climate summit will look at the climate-smart solutions the region needs.
widodo2
Ahead of Indonesia’s presidential election on April 17, an online movie was recently published showing the links between Indonesian coal and energy companies and the country’s political elites.
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#fossil fuels Podcasts

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.
People using ATM machines in Singapore. Image: Robin Hicks/Eco-Business
Fossil fuels, tobacco, weapons—our banks could be spending our money on things we don't want them to. Eco-Business talks to finance expert Mayur Singh about why consumers in Asia should asking banks how they spend their money.
Drone flying over ocean
Sponsored [The EB Podcast] In this concluding episode of the Let’s Write the Future series, we explore how the rise of renewable energy, the electrification of transport and the Fourth Industrial Revolution are changing our lives, cities, and the world.
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