#fossil fuels News

Korean shipping
Japan and South Korea are rallying support for a charge on the international shipping sector's emissions to raise funds for climate action. China and Indonesia oppose the plans as the International Maritime Organisation concludes its meetings ahead of the climate summit in April.
Typhoon Man-yi, Philippines, satellite
These include typhoons which struck the Philippines, Sri Lanka and Hong Kong last year. But despite massive supply chain disruptions worldwide, emission intensities of global shipping operations improved in 2024, reflecting upgraded efficiencies of the sector, found a report by technology firm Vesselbot.
Malaysia solar
Labour representatives say that Malaysia’s workers are unprepared for the energy transition, with many prioritising economic issues such as wages over sustainability. A recent report called for a national assessment of workforce readiness, as well as more awareness building and upskilling programmes.
Ravi Menon - UCFS 2024
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.
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#fossil fuels Opinion

Trump_ESG_Rollback
The US president’s second term is a pivotal moment for ESG, as his administration could reshape corporate responsibility globally.
Modi_Trump_Fossil_Fuels
The promotion of fossil fuel-driven growth by US President Donald Trump poses significant challenges but there are mitigating factors as well.
Fast_Fashion_Coal_Problem
A handful of fashion brands – H&M, Ralph Lauren, Decathlon and Adidas – are working to stop using coal to power their factories in 2025, while others are prioritising decarbonisation at lower levels of ambition.
LNG field at Tangguh, Indonesia
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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#fossil fuels Videos

Transition credits explainer video_title card
There is consensus that coal needs to be retired early in Asia, but the mechanisms for financing the phase-out are not clear. This mini-documentary examines how transition credits work and whether they can fund Southeast Asia's equitable switch to clean power.
GP clocks Shell oil terminal
The action comes despite the oil giant suing the environmental group for US$2.1 million after demonstrators boarded the company’s vessel at the Atlantic Ocean in January.
BCG video Eco-Business
EB Studio Asia's green transition pathways need to be socially inclusive given huge differences in economic development across the region, says experts at the Boston Consulting Group. State-owned enterprises have an "outsized" role to play, they add.
COP27 protests
Rich nations need to shift investments into renewables instead, they say. The civic space for demonstrations at this year's climate summit, held in Egypt, is more restricted than the Scotland event last year.
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#fossil fuels Podcasts

Manila, Philippines
EB Studio If a real estate development can reduce energy and water consumption – and emit fewer carbon emissions – it is built to last, Oliver Chan tells the Eco-Business podcast. The key, however, is to first educate future homeowners and businesses that going green does not mean breaking the bank.
The EB Podcast Petronas 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.
Malampaya natural gas2
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.
Blackrock podcast
Exclusive The world's largest asset manager says it has put sustainability at the core of its investment approach. Eco-Business speaks to Shinbo Won, BlackRock's investment stewardship director in Singapore about what this means for investors, and how companies are responding to increased ESG pressure.
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