With the right measures, Southeast Asia could see a post-pandemic EV revolution
The Covid-19 crisis has caused a global economic slowdown, wiped value off stock markets and led to job layoffs. With mobility restrictions urgently imposed to limit the transmission of the coronavirus, events cancelled, consumers’ spending power affected and the public having to adopt new routines and behaviour amid the pandemic, the automotive and transportation industry is […]
Oil and gas fueling South China Sea tensions
Vietnam’s crucial offshore energy industry is being squeezed as US-China tensions rise in the South China Sea. According to reports, China is pressing for the termination of a Vietnamese offshore development with Rosneft Vietnam, a joint Russia-Vietnam venture that recently canceled its contract for London-based Noble Corp’s semi-submersible exploration rig.
ASEAN should promote hydrogen use
Hydrogen, although frequently used in the ammonia production, petrochemical and oil refining industries, was rarely mentioned in the past two decades by proponents of renewable energy. Of late, the adoption and usage of hydrogen has been accelerating in all sectors. Hydrogen can be produced from many energy sources. Therefore, hydrogen fuels offer great potential as clean […]
The Rising Demand For Air Conditioners
Around the world, scorching heat waves are breaking records, with France reaching a sweltering 45.9 degrees Celsius and Australia hitting 49.5 degrees in 2019. This year, it was reported that Siberia experienced a period of unusually high temperatures for the first six months of 2020 – including a record-breaking 38 degrees Celsius in the town […]
ASEAN looks to boost sub-regional development
Hanoi (Vietnam), July 15 (VNA/ANI): The Association of Southeast Asian Nations (ASEAN) is emerging and playing a central role in the region, thus looking to converge Mekong sub-regional cooperation with its development goals, according to Deputy Minister of Foreign Affairs Nguyen Quoc Dung, head of the SOM ASEAN Vietnam.
Morrison & Foerster helps ECF launch Southeast Asia clean energy fund
In an effort to assemble a pot ready for post-Covid-19 recovery in Southeast Asia, the European Climate Foundation (ECF) has launched a revolutionary clean energy investment fund for the region, with a goal of raising USD 2.5 billion capital commitments.
Floating solar power plants making waves across Asia-Pacific
Floating solar power plants are expected to generate around 900% more electricity across the Asia-Pacific region. That’s according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA), which suggests countries in Asia leads European nations in deploying floating solar farms. It adds floating solar installations have shown they can withstand typhoons, powerful waves and winds […]
Achieving Policy Objectives for Green Bonds in ASEAN
The latest Intergovernmental Panel on Climate Change report, Global Warming of 1.5 ºC, notes the importance of mobilizing green finance for limiting global warming to 1.5 degrees Celsius and preventing catastrophic climate change. In line with this, some countries have been implementing policies to support green bonds. Green bonds are debt securities whose proceeds are used […]
