Environment
Japan’s Mizuho joins APAC banks to cut off coal financing
Japan’s Mizuho joins APAC banks to cut off coal financing
The company is the country's third largest bank.
Australia’s coal plants may soon go extinct
Wind and solar edging coal plants out of Australia’s power mix.
Why LNG power investors should remain vigilant in the Philippines LNG market
Investors are said to risk exposure to $14b in stranded assets.
Australia fast-tracks dumping of dirty power
The Energy Security Board predicts 75% renewables within the country's energy mix by 2025.
India’s Tata Power contemplating $473m IPO for renewable energy business
It initially planned to seek a partner to invest in its green assets.
"Coal inertia" remains strong in Asia Pacific despite climate pressure: report
However, it also found that renewables pipelines accelerated in the region.
Chinese banks 'genuinely' trying to exit coal: Project Finance International
Banks are said to have introduced policies to immediately phase out coal power from their investments.
Philippines vows to cut greenhouse gas emissions by 75% by 2030
The country initially aimed to cut emissions by 70%.
Will cheaper wind energy lead the charge to energy decarbonization?
A new study predicts wind energy costs are set to drop by 49% over the next 30 years.
Singapore's DBS targets zero thermal exposure by 2039
DBS will cease onboarding new clients who derive more than 25% of their revenue from thermal coal.
China's carbon-free goal can back energy security, economic goals
The country has come up with a 'dual circulation' economic manifesto.
Singapore outlines power sector greening goals
Solar energy deployment is planned to be increased to at least 2 GWp.
PETRONAS, JERA to embark on low-carbon energy initiatives
These include LNG, ammonia, and hydrogen.
Microsoft invests in SEACEF to bolster renewable energy projects
The investment is made through the company’s Climate Innovation Fund.
Solar surge push out coal plants in Australia
Wholesale electricity prices are sinking lower than it costs to buy coal.
Coal should have no part in economies' post-COVID plans: UN chief
Antonio Guterres expressed concern that new coal plants are still being financed.
Asia lags in energy transition policy response: report
Governments have been prioritising immediate needs such as wage subsidies.
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