Markets - 15/October/2021

Southeast Asia attempts to kick the coal habit

Despite significant renewables potential in Laos, Vietnam and Indonesia, the burning of coal remains an important element of the economy. Changing attitudes and the climate emergency mean these countries are looking for an exit route but it will not be easy

Governments need to balance the needs of a growing economy with climate demands

 
IRON GRIP The coal industry, its lobbyists and long-term contracts continue to control the market, making its removal much more difficult

STRANDED ASSETS Financial institutions are turning their backs on coal investments, putting projects at risk

KEY QUOTE Something is changing, but there is still a huge coal extraction sector ...

 

Read full article

Already a subscriber?

Login

Share


Comments are closed.

Related articles

Fossil fuel subsidies must end for a clean energy transition to take root everywhere, insists Frank Rijsberman, head of the Global Green Growth Institute

Developing countries can leapfrog to a clean energy economy

Fossil fuel subsidies must end for a clean energy transition to take root everywhere, insists Frank Rijsberman, head of the Global Green Growth Institute

Read more

China: the elephant in the coal room

China has pledged to peak carbon emissions by 2030 at the latest, but its economic plan for 2021-2025 is expected to approve the building of more coal-powered plants

Read more

Redirecting the global flow of money

Developing countries need around $300 billion annually by 2020 to limit their carbon emissions.

Read more

After achieving its own clean energy transition, the Danish island of Samsø is now advising towns and regions worldwide how to follow in its footsteps, and sees its next role as a test ground for innovative energy solutions

Lessons from an island go around the world

After achieving its own clean energy transition, the Danish island of Samsø is now advising towns and regions worldwide how to follow in its footsteps, and sees its next role as a test ground for innovative energy solutions

Read more

Funding small-scale clean energy in Cambodia

A new fund is helping to bring clean energy to farmers in Cambodia as Olivia Coldrey from the Renewable Energy and Energy Efficiency Partnership (REEEP), Austria and Sarou Long, from Nexus for Development, Cambodia explain

Read more

Singapore energy transition plans consider floating solar and cable to Australia

A lack of natural resources means accessing renewables as part of its energy transition is out of the question for Singapore. The country, renowned for its innovation, is having to think creatively to reach its goals

Read more