In the upcoming days Japan will hosts its first ever G20 Summit. As the main contributers to global warming, the G20 states agreed 2009 on a phase out plan of fossil fuel subsidies. Ten years later the failure of the G20 to act on global warming is evident: around $63.9 billion was spent by G20 countries this year to develop coal industries in the global south. Dr. Rainer Quitzow reveals the facts.
All posts tagged: Japan
Coal assets stranded in Southeast Asia
Coal is now more expensive than renewable energy – and while this is good news for the climate, it’s bad news for developing countries who have invested in coal. Renato Redentor Constantino looks at how Japan and Korea are divesting, and the IMF’s opinion on stranded assets.
The next wave of renewable energy?
Marine hydropower could make waves in renewable energy, if it can overcome technological and financial challenges. Chris Bentley takes a look.
Open the window for fresh air? Not in Korea
South Koreans are more concerned with air pollution than with North Korea’s nuclear weapons – and with good reason. On some days in Seoul, the air is too full of fine particles to go outside. While some blame China, about half of Korean pollution is from diesel cars and coal plants. Yi hyun Kang looks at what can be done.
Southeast Asia: hotspot for renewables or dumping ground for coal?
In the Association of Southeast Asian Nations (ASEAN), renewables contributed 8% to final energy consumption in 2014. Since then, the share renewable energy has only slightly increased whereas fossil fuel-powered generation is the main source for new power plants. Lars Blume and Nguyen Thi Hang illustrate why momentum in Southeast Asia is changing.
What bottom-up sustainability looks like
Increasingly, western democracies are divided over visions for the country’s future. But if we can’t agree on where we should go together, we won’t be able to address issues like climate change. Craig Morris investigates.
Get ready for the next generation of electric vehicles
Electric vehicles (EVs) are approaching a tipping point, as a wave of new cars are matching the cost and performance of traditional petrol cars. Three breakthrough electric cars, from GM, Tesla, and Nissan, are offering drivers everything they want – but without the pollution. Ben Paulos takes an in-depth look.
Privatization of public services is failing, says think tank
There’s a global movement of communities and cities taking back control of their energy and water supply, and Germany’s Energiewende serves as a role model. Craig Morris takes a look at the Transnational Institute (TNI)’s report, “Reclaiming public services: how cities and citizens are turning back privatization.”
Japan, Taiwan and Korea accelerate demise of thermal coal market
Word is out that Taiwan has attracted $60 billion in foreign capital commitments to renewable-energy projects, adding to the fast-gathering momentum around the electricity sector transition taking deep root across Asia. Tim Buckley takes a look at the impact on coal.
Top global banks still failing badly on climate change
The results are in, courtesy of the Fossil Fuel Finance Report Card, on how the world’s biggest private banks are tooling up (or not) to tackle climate change. While there are clear signs of improvement in many of the banks’ policy coverage, most notably on coal, overall the picture remains bleak and highly concerning. Yann Louvel and Greig Aitken dig into the numbers.