By continuing to approve new coal power plants and polluting factories, China’s local governments are courting future environmental and economic problems.
At least half of respondents want these subsidies to stop, reflecting a likely attitude shift as such cuts were seen as the least popular intervention previously. Most are still worried that the renewables push will hike up energy prices.
These individuals were only responding to opportunities of the last century, says Figueres. Speaking at the launch of a new Asia-focused philanthropy alliance, she urges the giving sector to go beyond “personal fascinations” and devote capital in issues that urgently need to be solved.
Concerns grow that the summit, hosted by a fossil fuel nation, may fall short for the communities worst-hit by climate devastation.
By
Debbie Hillier and
Barbara Rosen Jacobson
The world continues to require fossil fuels for years to come, but we cannot rely on the shareholders of oil and gas companies to lead the energy transition. Reforms of global markets will be needed for the transition to really gather pace.
By
Peter Godfrey
The withdrawal of United States industrial gas company Air Products and Chemicals from planned state-linked facilities in Indonesia highlights cost challenges.
By
Ghee Peh
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.
At the UN Climate Summit, Hollywood actor Leonardo DiCaprio delivered a stern message to government leaders, telling them to stop ignoring the reality of climate change. Watch his speech here:
Eco-Business talks to Peter Kiernan, lead energy analyst for the Economist Intelligence Unit, to unpack a new landmark report from the International Energy Agency, which proposes an immediate ban on fossil fuels extraction to curb global warming.
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.
EB Studio
[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.