US ties up with Lopez-led EDC to study geothermal potential [BusinessWorld]

2022-11-24T16:15:56+08:0024 Nov 2022|Tags: , , , , , , , , , , |

A UNITED States agency is providing Lopez-led Energy Development Corp. (EDC) a grant of $413,120 to do a feasibility study for the development of a geothermal power plant in Mindanao. In a press release published on its website, the United States Trade and Development Agency (USTDA) said it launched along with US Vice President Kamala Harris the grant — valued at P23.56 million in the local currency — to study the geothermal potential of the southern island’s Amacan area.

Increasing RE should take priority over going nuclear, think tank says [BusinessWorld]

2022-11-21T16:48:37+08:0020 Nov 2022|Tags: , , , , , , , , , , |

INCREASING the share of renewable energy (RE) in the power mix should take priority over the Department of Energy’s (DoE’s) plans to introduce nuclear power, an energy think tank said.

Top emitters urged to provide concrete climate action despite G20 leaders reaffirming 1.5C goal [ABS-CBN News]

2022-11-21T16:49:36+08:0017 Nov 2022|Tags: , , , , , , , , , , , |

The G20 Media Center was set abuzz as members of the information desk announced the joint communique is ready for public view. A draft communique seen by some the night before showed that G20 leaders will close their summit in Indonesia this week with a strongly worded statement against Russia’s aggression in Ukraine. But climate advocates have been waiting on bated breath as there were fears major economy leaders are backtracking on their pledge to limit global warming to 1.5C.

RE share of 80% seen needed for PHL to become Paris-compliant [BusinessWorld]

2022-11-21T15:35:41+08:0016 Nov 2022|Tags: , , , , , , , , , , , , |

THE Philippines can only comply with its Paris climate commitments with an 80% share of renewable energy (RE) in its power mix by 2030, an energy think tank said.

Asia’s bet on gas looks increasingly risky

2022-04-26T15:21:35+08:0019 Apr 2022|Tags: , , , , , , , , , , , , , , , |

The region’s bloated pipeline of gas projects could lock in decades of high emissions, but recent price volatility may soon force a rethink by Chloé Farand | April 19, 2022| Published by China Dialogue | READ THE STORY HERE Across Asia, there are plans for more than 285 gigawatts of new [...]