Malaysian oil and gas projects risk billions of tonnes of CO2 pollution -report
Malaysia could see over 4 billion tonnes of CO2e of lifecycle emissions should all of its existing and planned oil and gas projects continue or go ahead, an environmental watchdog warned Monday.Â
Read MoreJapanese steelmakers urged to scrap controversial carbon accounting method
Some 30 civil society groups have published an open letter urging steelmakers to focus on decarbonising their industry instead of sticking to an accounting method that allows them to market coal-based steel as green.
Read MoreAustralian partners sign CCS agreement for hydrogen and ammonia project
Woodside Energy’s carbon capture and storage (CCS) hopes took another step forward this week after the consortium it leads signed a Memorandum of Understanding (MoU) with listed miner and energy startup NH3.
Read MoreClean energy spend is double fossil fuel investment, but nowhere near COP28 GST pledge -IEA
Energy sector spending is now two-to-one favouring renewables and nuclear over fossil fuels, and capital spend will rise 2% this year to $3.3 trillion, but this is driven more by energy security concerns than emissions reduction ambitions, the International Energy Agency (IEA) said Thursday.
Read MoreAustralian think tank makes case for Asian CBAM to drive green manufacturing
A pan-Asia Pacific carbon border adjustment mechanism (CBAM) taking in the wealthiest industrial nations covering steel, cement, and aluminium is the best and cheapest way to reduce emissions from these hard-to-abate sectors while preserving margins and industries, an Australian think tank argued in a report Thursday.
Read MoreSingapore could cut emissions via linking into an ASEAN-wide grid, consultancy says
Singapore could become a regional hub for energy by importing and exporting renewable power, cutting its emissions by 13 million tonnes of CO2e a year in the process, a consultancy said Tuesday.
Read MoreANALYSIS: Australia’s best shot at green steel hampered by upstream emissions
The type of iron needed for coal-free furnaces requires far more energy to mine and process, but in the world’s leading iron ore production region a carve-out of the Safeguard Mechanism could promote global decarbonisation.
Read MoreIndonesia can increase steel production by 500% and still hit net zero, industry says
Indonesia’s steel demand and capacity are expected to rise in coming years, but it plans to make the product in an emissions-free way to meet its net zero target, the chief of the nation’s steel association told a Singapore conference this week.
Read MoreJapanese steel giant plans $6 bln decarbonisation spend
With government support, one of Japan’s leading steelmakers will transition three of its blast furnaces to a cleaner electric arc furnace (EAF) to reduce emissions in line with its carbon neutrality goals.
Read MoreThere may be more carbon in green hydrogen than thought, Australian researchers say
Researchers from Melbourne’s Monash University have looked at the interplay between the production of ‘green’ hydrogen and the large Australian electrical grid that will power this in terms of both Australia’s Guarantee of Origin (GO) scheme, and other green hydrogen certifications potential offtakers will look at.
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