Eco-Business

As support for credits tied to shutting Asia’s coal plants early grows, a buyers alliance has been formed. Efforts to boost confidence in the new asset class have borne fruit and proponents are now looking at strengthening “the demand side of the equation” by end of the year, said Rockerfeller Foundation's climate lead Joseph Curtin.

Government-installed solar panels on Sumba Island Indonesia

The mechanism could also financially benefit the state utility company PT Perusahaan Listrik Negara (PLN) and attract private investments without burdening the state budget to scale renewable energy.

Recently, Bangladesh successfully developed lotus silk – a biodegradable luxury fabric – using lotus stems, merging ancient tradition with modern sustainability science.

Despite the US climate retreat and the risk of forest arson, the chief executive of COP30 sees the transition to sustainability as inevitable.

By Soraya Kishtwari

By Patrick Moore, Fidelis Eka Satriastanti

By Jeremy Chan

By Samantha Ho

All #fossil fuels News →

A massive increase in solar power generation capacity is already putting Australia on the fast track to a 100 per cent renewable energy future. By Andrew Blakers

Leading a group of mothers, campaigner Bhavreen Kandhari tells WHO conference that children need a quicker energy transition. By Bhavreen Kandhari

Some members of the United Nations International Maritime Organisation argue that biofuels should be central to the effort to decarbonise the shipping industry but there is nothing sustainable about it. By Jennifer Clapp and Olivier De Schutter

Energy transition research addressing the range of equity concerns across India’s socioeconomic groups and regions is rare. This needs to change. By Dr Aishwarya Ramachandran, Animesh Ghosh and Vaibhav Chowdhary

By Ghee Peh and Mutya Yustika

By Katie Fowler

By Saswata Chaudhury

By Peter Ford

All #fossil fuels Opinion →

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.

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.

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.

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.

All #fossil fuels Videos →

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 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.

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.

All #fossil fuels Podcasts →