The Group of Seven (G7) industrialised nations will provide $15.5 billion to help Vietnam transition away from coal, the British foreign office said on Wednesday. The deal, previously reported by Reut…
Energy
ADB signs €10.8 mn facility agreement with a Bangladeshi firm
The Asian Development Bank (ADB) has signed a €10.8 million ($11.2 million) facility agreement with Bangladeshi manufacturer of fashion denim Envoy Textiles Limited to support and finance the purchase…
Southeast Asia at Energy-Climate Crossroads
Southeast Asia is at the crossroads of choosing between a climate agenda hostile to fossil fuels and the energy security its population desperately needs. Central to the question is the use of coal. T…
Southeast Asians Brace for Energy-Price Fallout from Ukraine Invasion
Russia’s massive invasion Ukraine sparked fears among governments and observers in Southeast Asia on Thursday that the outbreak of a full-scale war on the other side of the globe could cause energy pr…
Chinese firm to implement Bangladesh’s first waste-to-energy project
A Chinese firm signed four project investment agreements on a waste-to-energy project with its Bangladeshi partners in Dhaka on Wednesday. According to the agreements, China Machinery Engineering Corp…
PH, New Zealand to continue cooperation on geothermal energy
The Philippines and New Zealand will continue to explore cooperation on geothermal energy. This as Department of Energy (DOE) Secretary Alfonso Cusi and New Zealand Ambassador to the Philippines Peter…
Renewable Energy Jobs Rise to 12 Million Globally
Renewable energy employment worldwide reached 12 million last year, up from 11.5 million in 2019, according to the eighth edition of Renewable Energy and Jobs: Annual Review 2021. The report was relea…
We’re Headed for a Global Energy Crisis. What We Need is a Transition Strategy
Are we returning to the 1970s, as several commentators have recently claimed? There are surprising similarities. The humiliating withdrawal from Afghanistan echoes the U.S. defeat in Vietnam. Prices a…
Vietnam to Indonesia: the Asian countries hit hardest by China’s clampdown on new coal-fired power plants overseas
Chinese President Xi Jinping’s pledge to the United Nations that China will no longer build coal-fired power plants overseas will leave many projects awaiting financial closure at risk of cancellation…
Six Reasons Asia’s Oil Refiners Aren’t Going Away Anytime Soon
Predictions of peak oil and the impending demise of fossil fuels will hit Asian oil refiners especially hard. The region is home to three of the top four oil-guzzling nations, and more than a third of…