A New Beginning for Electric Vehicle, and How Southeast Asia Could Jump in and Ride the Wave
Electric vehicle (EV) penetration and other transportation manoeuvre in combating climate change continue set the story in transportation sector as huge decarbonisation and energy efficiency potentials could be achieved from them. Not only is EV technology approaching a tipping point as better performing, more affordable, and new model, but also this technology allows us to control the transportation emissions centrally through power plants.
COVID-19 vs ASEAN Energy Sector: Oil & Gas
Plunge in demand, supply glut, and plummeting price—even touching minus point—have made oil and gas market gloomy especially in ASEAN countries. Even so, some positive impacts may be felt by oil importing countries, while fuel price reduction to some degree can ease the social effect of COVID-19. Although this might be a signal of economic slowdown, optimism remains and keeps oil and gas sector afloat in this troubled period.
COVID-19 vs ASEAN Energy Sector: Renewables
Renewable energy sector is also inevitably hit by this pandemic, remarkably under the disrupted supply chain and logistic which cause inevitable postponed projects. This pandemic creates both, opportunities and threat to RE as target and priorities of government are still on the fence. However, there is an optimism that this pandemic could shine a silver lining on how to progress with the energy transition and shape the RE industries once the economy bounces back.
COVID-19 vs ASEAN Energy Sector: Electricity
2020: Tough Year for Climate Change, Amid the Need for Climate Resiliency
The Impact of COVID-19 on Energy and Climate Change in ASEAN: ACE Survey
COVID-19 is affecting fossil fuels the most, but renewable energy is also considered to be hit. A positive temporary effect on the climate must be used to mainstream the information about climate change mitigation into the society, to infuse a more sustainable economy and environment-friendly activities into our daily lives.
Climate Change, Security and Regional Cooperation in ASEAN
Migration is not new to Southeast Asia, especially labour migration. The status and welfare of citizens working abroad have been an area of concern in bilateral relations among regional states. For instance, around 10% of the Philippine population work abroad, with remittances constituting close to 10% of its GDP in 2019, according to the Philippine Central Bank.
Opportunity to Capitalise on Green Technologies
When Malaysia ratified the Paris Agreement in 2016, it joined world efforts in keeping the global temperature rise well below 2°C and to limit the warming even further to 1.5 degrees celcius. This also implies the country is committed to reducing national emissions and adapting climate change impacts.
