Carbon Capture is the Key to Indonesia’s Net-Zero Emissions Future

In recent years, various energy efficient technologies have been developed in a bid to reduce global carbon emissions and the impacts of climate change. But so far, these alone have proven insufficient to reach the ambitious decarbonization goals laid out in the Paris Agreement.

Record coal prices pose problems for power producers

Coal futures have soared to record highs, reaching $179 per tonne this month. Spot prices of thermal coal, used in power stations, have risen 110 percent since the start of the year and are nearing 2008’s record.

Financing, investments needed to phase out coal

MANILA, Philippines — International concessional financing and private sector investment are critical in the phase out of coal developments in Asian countries, including the Philippines, which still has a heavy pipeline of fossil fuel-based plants, according to an official of the World Bank Group.