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Rising energy demand and rapid economic growth are constantly reshaping Asia’s transition challenge.
Public finance institutions globally have directed nearly US$22 billion into liquified natural gas projects between 2013 and 2025, leveraging green financing frameworks to tag 36 per cent of it as environment-friendly investments, found a new report by Maritime Beyond Methane.
Ten years ago, switching from burning coal to gas was a key element of China’s policy to reduce severe air pollution.
President Ferdinand Marcos, Jr on Monday bared the finding of the reservoir that could boost the country’s energy supply, but environmentalists warn that it skipped cost-benefit analysis that may cause irreversible ecological damage.
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