#natural gas News
Ex-BNP Paribas executive Cyril Dissescou to take over from an interim chief of the joint venture formed to develop renewables and energy storage assets in Southeast Asia and Australia.
Policy & Finance
Can Singapore’s new taxonomy fill the regulatory vacuum in ‘transition finance’ for Asia and beyond?
While the EU Taxonomy is the "gold standard" for green finance, an equivalent for transition finance is notably absent. Market participants have welcomed the new guide from Singapore's central bank, but whether it emerges as a widely used standard remains to be seen.
Policy & Finance
US climate envoy pushes to weaken developed countries’ legal obligation to contribute to loss and damage fund
The United States has committed to put "several millions of dollars" into the global fund to help climate-vulnerable nations, but maintains that contributions should be voluntary and have "nothing to do with compensation and liability".
Green Buildings
Singapore nudges phaseout of gas cookers in new buildings
Singapore's Building and Construction Authority is incentivising new buildings that use electric rather than gas cooktops with a tweak to its green buildings certification scheme.
Carbon & Climate
COP28 climate dispute: what are 'unabated' fossil fuels?
#natural gas Opinion
Supporting natural gas projects hinders the deployment of clean and renewable energy solutions for developing countries. Instead, nations should receive help in phasing out fossil fuels in line with their climate targets.
Achieving net zero emissions requires compromise but energy justice for all needs to be at the heart of any decision. For all the talk, it's not happening, yet.
Policy & Finance
Will Singapore’s national taxonomy pave the way for a harmonisation of green standards in Asia?
In Asia, where many carbon-intensive industries operate, there is a need to ensure that financing is available for an orderly transition. The Singapore-Asia Taxonomy is expected to provide clearer definitions for a managed coal phase-out while considering national priorities.
Carbon & Climate
Fossil-linked energy firms have high emissions and the room for denial is shrinking: IEEFA
The first global sustainability reporting standards, to include new requirements for Scope 3 emission, is expected to be published in June 2023. Energy companies would be wise to have robust decarbonisation plans, as opportunities for greenwashing will be limited once full emissions are reported.
#natural gas Podcasts
Energy
Scrutiny, Scope 3 and Asian realities: Petronas sustainability chief on climate action at 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.
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.
