#natural gas Berita
Tenaga
Fixing methane leaks ‘easiest, fastest’ way for Southeast Asia to cut planet-cooking emissions
Man-made methane can be cut by plugging leaky oil and gas infrastructure, experts say. But Southeast Asia is lagging in realising the decarbonisation potential of methane reduction as fossil fuel production ramps up.
Studio EB
With the shipping sector responsible for about 3 per cent of global anthropogenic methane emissions, leveraging existing solutions will greatly help amid lacklustre regulations.
Polisi & Kewangan
Australia’s major banks provide ‘backdoor finance’ to fossil fuels: NGO
ANZ, Commonwealth Bank, NAB, and Westpac loaned US$2.43 billion to finance fossil fuel projects last year, despite having committed to global climate goals. Most of the loans fall under general-purpose corporate lending and bonds, which are harder to track than direct project loans.
The new decree is seen as the latter of two policy moves needed to jumpstart the country’s clean energy market. New funding is already flowing, but concerns remain as to whether Vietnam’s power grid can handle more renewables.
#natural gas Pendapat
Investors risk pouring billions into what could soon become stranded assets in countries such as the Philippines. Liquified natural gas is not the future – it’s a financial trap.
Karbon & Cuaca
Why carbon capture and storage is not the solution
Carbon capture and storage has been hailed as a potential way to reduce emissions, but it is more likely to increase them by boosting oil and gas extraction. The cheaper and more effective solution is to move to cleaner forms of energy.
Bullish gas plans ignore the financial challenges of infrastructure development, renewable energy potential in the region and climate policy restrictions.
Karbon & Cuaca
What Australia’s new gas strategy gets wrong
Australia’s gas future must involve energy security and climate security. The new government strategy fails to strike this balance.
Polisi & Kewangan
Time for MDBs to stop using technical assistance to support fossil fuels
#natural gas Audio
Tenaga
Scrutiny, Scope 3 and Asian realities: Petronas sustainability chief on climate action at COP28
The oil and gas sector needs to cut operational emissions faster, Charlotte Wolff-Bye tells the Eco-Business podcast. But slashing fuel output won’t do for the Asian supplier, and it welcomes respectful debate at the climate summit.
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.
