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Southeast Asia pins hopes on carbon capture to cut emissions

Southeast Asia’s climate fight was never going to be easy. As the region’s energy transition continues to lag and planet-cooking emissions skyrocket, governments are pinning their hopes on carbon capture, utilisation and storage (CCUS) technologies to help hit climate targets.

How technology can help us cope with global warming and climate change

With the most recent Intergovernmental Panel on Climate Change (IPCC) report stating that climate change is widespread, rapidly increasing and intensifying, it has become even more obvious that we need to become more serious about how we think about the environment. But sometimes, it seems like nothing is changing, that nothing is being done to stop the […]

How can emerging markets capitalise on geothermal energy’s potential?

While solar and wind are the dominant segments in the transition to renewables, a number of emerging markets are looking to geothermal sources as a way to meet future energy needs.

Mekong-US Partnership meeting stresses cooperation on sustainable development

Five Mekong countries and the US participate in the second ministerial level Mekong-US Partnership (MUSP) meeting chaired by Cambodian Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation of Prak Sokhon and US Secretary of State Antony Blinken. It is part of the ongoing ASEAN Foreign Ministers Meeting.

GlobalData: Southeast Asia to increasingly rely on LNG imports

Southeast Asia represents a key growth region for natural gas over the next decade as populations and economies continue to grow and several countries look to gas for meeting the ever-growing power demand. Despite the region being a net exporter of gas supported mainly by major gas producers Malaysia and Indonesia, strong demand growth could […]

ASEAN countries start to shake off smokestack addiction

JAKARTA/BANGKOK/LONDON — Fossil fuel-reliant Southeast Asian nations have begun moving away from oil, coal and other polluting resources, swayed by a global push for decarbonization, with Indonesia’s state-owned public utility promising a full exit from coal in four decades.

ADB, fin firms draw plan to close Asia coal-fired power plants

Financial firms, including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed up the closure of Asia’s coal-fired power plants in order to reduce the biggest source of carbon emissions, five people with knowledge of the initiative said.

EU’s new carbon scheme — how will it affect trade with ASEAN?

The European Commission on July 14 adopted a long-planned proposal for a Carbon Border Adjustment Mechanism (CBAM), a de facto levy on imported products that do not conform to the EU’s own rules on carbon emissions.

Economic Logic Alone Will Not Curb ASEAN’s Carbon Emissions

A recent report by the climate research group Carbon Tracker grabbed headlines when it claimed that around 75 percent of current coal-fired capacity and 80 percent of planned new capacity is concentrated in just five countries: China, India, Vietnam, Japan, and Indonesia. This figure is jarring (although most of that is China and India), but […]

ASEAN needs a pragmatic approach to reach net zero

KUALA LUMPUR (July 26): The path to net zero should be an integrated initiative involving governments, industry and consumers, with policymakers taking the lead to create an ecosystem where all economic players can effectively participate.