Singapore exploring partnerships to capture, store carbon dioxide as part of low-carbon push: Tan See Leng
SINGAPORE: As Singapore lacks suitable known geological formations needed to store carbon dioxide permanently underground, it is exploring partnerships with companies and other countries to do so .
Energy Ministry: Indonesia’s Coal Reserves Estimated to Last About 65 Years
TEMPO.CO, Jakarta – The Energy and Mineral Resources (ESDM) Ministry’s Mineral and Coal Director-General Ridwan Djamaluddin said Indonesia still has large coal reserves of 38.84 billion tons. “We still have about 60 to 65 years to go of our [coal] reserves,” said Ridwan in the ministry’s virtual discussion on Monday, July 26, 2021.
Indonesia to burn coal well into the 2050s, under updated climate plan
The Indonesian government has released an updated 2030 climate plan and long term strategy that indicate the country’s reliance on coal will continue well into the 2050’s. In a 156-page long term strategy document submitted to the UN, it outlines three pathways including a “low carbon scenario compatible with the Paris Agreement”
Climate advocate calls for ban coal-fired plants to extend to pending projects
THE DEPARTMENT of Energy (DoE) needs to expand its moratorium on coal-fired power plants to include more facilities, including those that have secured prior approval and those that are under construction, an environment policy expert said.
San Miguel Drops Coal Projects From Expansion Plans
San Miguel Corp., one of the Philippines’ largest power generators, will drop new coal projects from its expansion plans as it prepares for a transition to a low-carbon future.
Indonesia’s coal exit plan
Indonesia, the second-biggest coal exporter in the world, is now taking more steps to reduce its dependency on “black gold” as it starts to consider clean energy.
Global decarbonisation may weaken Indonesia’s coal exports but boost base metals: Citi
GLOBAL decarbonisation will likely weaken Indonesia’s coal exports in the medium to long term, but this could be mitigated by a pickup in exports of base metals, Citi economists said in a July 6 note.
Philippine banks move at slow pace in defunding coal
At least 10 Philippine banks give $841 million in loans and participated in $1.3 billion worth of underwriting activities involving at least five coal companies since the 2015 Paris climate agreement
