The environmental watchdog published analysis warning that there is a "wide trend" of carbon capture, use and storage initiatives in Malaysia linked to fossil fuel expansion. It is one of 19 organisations backing a memorandum to the Senate calling for a controversial CCUS bill to be stopped.
The bill was passed just two days after being tabled in Parliament, despite concerns about inadequate environmental safeguards and high public costs. The government argued that the speed was necessary to secure long-term foreign imports of carbon dioxide.
As Asia Pacific sees its first net-zero banking alliance exits, the Singapore lender looks to draw up decarbonisation pathways for two more sectors and has clarified what activities count as transition financing.
Climate timelines are not set by elections or cost curves, reminds the country’s ex-central banker Ravi Menon. But he cautioned that in the short term, political headwinds and the US climate retreat could impact investment decisions.
As commitment to climate action unwinds in some parts of the world, companies in Asia could play an important role in the decarbonisation story. But sourcing the right tools to reduce emissions is critical.
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Paul Chow
With one of the weakest carbon taxes globally, the region’s largest economy risks becoming the world's leading enabler of carbon leakage, where emissions aren't reduced, just outsourced to nations with weaker policies.
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Rizka Nugrahaeni
Japanese Prime Minister Shigeru Ishiba's to Malaysia and Indonesia signify the country’s desire to be a stable force in Southeast Asia with deeper military, economic and green energy ties as Trump takes office and China’s influence continues to grow.
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Joanne Lin dan
William Choong
The idea that we can exceed global warming targets then fix the problem with technology is a dangerous myth, scientists warn.
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Robert Watson, James Dyke dan Wolfgang Knorr
Gaurav Sant, founder of startup SeaChange, tells Eco-Business about a technology he hopes will give the world's oceans the capacity to absorb additional carbon dioxide from the atmosphere.
Dutch start-up Fastned has awarded the power tech firm the contract to provide fast chargers to over 200 stations nationwide, serving most brands of electric vehicles.
Former petrochemicals industry executives Steve Willis and Genevieve Hilton have written a novel set 50 years into the future that has a happy ending. They tell the Eco-Business podcast that the book is a pitch to carbon-intensive industries to try workable climate solutions.
Solar, wind, carbon capture, nature-based solutions—what are the technologies needed to combat climate change? Eco-Business asked clean energy entrepreneur Hendrik Tiesinga where the smart money is going.