Eco-Business: News, Opinion, Jobs, Events, Press Releases and Research for topic Energy

• Shifting computing to cloud servers can achieve vast corporate emissions cuts, study finds
  With their cutting-edge servers and cooling systems, cloud-based data centres are highly energy-efficient, offering companies a promising avenue for emissions reductions.
• Five years of Duterte: Has sustainability in the Philippines won or lost?
  In the wake of Philippine President Rodrigo Duterte's final State of the Nation address, Eco-Business reviews his government's wins and losses in the climate and energy sectors over his last five years in power.
• Hyundai E&C announces coal exit
  The construction firm plans to leave its coal business behind, but it will go ahead with at least one more coal venture. Whether it plans to pursue any other projects before the policy takes effect remains uncertain.
• Indonesia sets eyes on becoming world's geothermal superpower
  Indonesia's potential to generate energy from the earth's crust could solve its power problems and fire its ailing economy. But the country needs to do more to lure investors.
• Hydropower push leaves Pakistani Kashmir's capital hot and bothered
  Diversion of Muzaffarabad's Neelum river for clean power has raised summer temperatures—and a second river may be diverted too.
• Is hydrogen the new oil?
  Hydrogen may have lost the race to fuel electric cars but it looks a likely contender to replace fossil fuels in trucks, ships, planes and heavy industry.
• Wind power bids to save the North Sea oil industry
  Can the world’s largest floating offshore wind farms help the North Sea oil industry to cut carbon emissions? Should they?
• To accelerate climate action, start with mandating climate education in schools
  To achieve its carbon targets, Malaysia should work on a decarbonisation task force and mandatory climate education among other solutions, urged experts.
• With the private sector now on board, this is our year to turn the tide on biodiversity loss
  If governments can agree to targets laid out in a new biodiversity framework, our societies, economies and financial system may have a fighting chance at preventing the precipitous decline of the planet’s species and ecosystems.
• Why citizens play a key role in Southeast Asia’s energy transition
  Some Southeast Asian nations have displayed leadership in facilitating bottom-up renewable energy development. Now it is time for others to follow suit.
• Conflicting studies map the controversy surrounding forest biomass
  A major political and environmental dispute is heating up as the forestry industry and governments promote forest biomass as sustainable while forest advocates and many researchers squarely disagree.
• Indonesia bets on biofuels over oil, but electric vehicles could render both moot
  Increased adoption of electric vehicles could render redundant Indonesia’s biofuel infrastructure, which the government is touting as its chosen alternative to fossil fuels.
• EU faces green paradox over EVs and lithium mining
  The EU wants electric cars to drive it to net zero, powered by batteries produced in the bloc, but at what cost to people living near new lithium mines?
• San Miguel Corp's energy arm ceases 1,500MW in coal power projects
  SMC Global Power Holdings Corp, which accounts for 40 per cent of the Philippines' coal portfolio, has declared it will drop three of its planned power plants as it shifts towards more renewable energy investments.
• Eye of fire: What Mexico's latest gas leak tells us about sustainability scores
  Should an affiliation with the state really allow a company to escape accountability and stakeholder scrutiny?
• Why energy systems in Southeast Asia need to go digital
  As Southeast Asian nations embark on their energy transition journey, there is huge potential for digital technologies to improve energy efficiency, prepare grids for higher shares of renewables, and cut power costs.
• Boost to clean energy investment could drive 10 million new green jobs
  If funded, about 13,000 renewable energy projects proposed in nearly 50 countries could slash emissions and create work, researchers find.
• ExxonMobil takes a gamble on algae biofuel
  Substantial investment in money and time is needed for algae biofuel to become viable, even on an extended timeline out to mid-century. While big players like Shell and Chevron have abandoned the effort, ExxonMobil continues work.
• Globe Telecom becomes first Filipino company to set science-based net zero target
  The subsidiary of Philippines' conglomerate, Ayala Corp, is aiming for net zero emissions by 2050 under the Science-Based Targets Initiative, which helps firms translate the Paris Agreement’s goal into concrete measures.
• Scarce carbon storage threatens net-zero push as emissions keep rising
  Net-zero pledges around the world rely heavily on capturing and storing climate-changing emissions — but far too little storage is being developed.