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CIMB to phase out coal financing by 2040

[KUALA LUMPUR] Malaysia’s CIMB Group on Tuesday committed to phase out coal from its portfolio by 2040, saying it was the first banking group in Malaysia and Southeast Asia to do so.

Cleaning up a dirty industry: ASEAN is becoming more dependent on coal but it has an obligation to mitigate its environmental impact

Universal electricity access is a key pillar of ASEAN’s development goals. The regional bloc has committed to providing every citizen with an electricity supply by the early 2030s. To achieve this end, the region will need to increase its power capabilities by some 60% by 2040. To quench the thirst for power, Wood Mackenzie, an energy research company, estimated […]

Climate advocate calls for ban coal-fired plants to extend to pending projects

THE DEPARTMENT of Energy (DoE) needs to expand its moratorium on coal-fired power plants to include more facilities, including those that have secured prior approval and those that are under construction, an environment policy expert said.

Coal and the energy transition in APAC

Coal continues to play a prominent role in power generation in APAC. Fortunately, there are technologies and processes that help us reduce carbon emissions from thermal generation.

Coal demand to rise 12 percent next year: PLN

State electricity firm PLN has estimated that the coal use for electricity generation in Indonesia will increase by around 12 percent this year due to additional demand from new power plants. PLN system planning manager Arief Sugiyanto said in Jakarta on Thursday that two new coal-fired power plants (PLTUs), namely the Jawa 7 and Jawa 8 power […]

Coal does not make sense in the Philippines, says former UN climate chief

Christiana Figueres, the woman who led the negotiations in the groundbreaking Paris Agreement as executive secretary of the UN Framework Convention on Climate Change, steered almost 200 nations through the most complex international deal ever attempted four years ago. But in her current job as convenor of Mission 2020, a global initiative to curb fossil fuels by the […]

Coal exports increase sharply in October

NDO – Vietnam’s export turnover in October was estimated at US$20.80 billion, down 1.5% from the previous month. Telephones and components saw the sharpest decrease with 21.4%, however, coal exports have rocketed by 45.3%. The latest report on the national socio-economic situation published by the General Statistics Office of Vietnam (GSO) showed that, compared with […]

Coal on the Javan Coast

Indonesia is experiencing a coal power boom, particularly on Java, the most populous island in the world. One of the dozens of planned plants, Java 7, will be operational by October, and its construction has already left some communities questioning the wisdom of the development amid an emerging opposition to coal expansion nationwide. Residents in […]

Coal plant deemed too polluting for China heads to Cambodia

In the seaside hills of Ou Treh, Cambodia, Peng Mom led the way to her house along a train track – the only access to her village, which is surrounded by a thicket of palms and vines. Inside, soot coated her cooking pots and furniture. Holding up a kitchen chair, the mother of four explained […]

Coal power plants flourish in the Philippines despite ‘climate emergency’

Coal has long been the primary power source in the Philippines, and large-scale power plants act as a safety crutch in the country’s quest for energy security. But the advent of cost-efficient renewable energy technologies is challenging coal’s dominance as the go-to energy source. President Rodrigo Duterte has voiced support for renewables but has yet […]