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.
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.
Given its rich agriculture resources, biofuel will be vital for the region's net-zero plans. Solving the feedstock crunch is necessary to meet market demands, which requires careful planning and a supply chain strategy.
Beni Suryadi, Jason Jimmy Amadeus Palenewan and Monika Merdekawati
A coalition of scientists and environmentalists found “widespread economic impacts” for communities in the Philippine province, heightening calls for accountability from the sunken tanker reportedly chartered by a San Miguel Corp subsidiary.
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 Global Witness report has found that more than 200 people were killed for engaging in peaceful protest against corporate mining, logging, agribusiness and poaching activities last year. The trend is growing.
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.
The waste oil dumped into the ocean by ships every year is equivalent to eight Exxon Valdez oil spills, and nowhere is the problem as severe as Southeast Asia. The EB Podcast talks to hotelier Andrew Dixon about how a clever idea using a ship tracking system can help curb an environmental crime that has been largely ignored.