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BNEF: Net-zero transition potentially a $3.5T investment opportunity for Indonesia

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trillion investment opportunity for Indonesia, according to a new report published at the BNEF Summit Bali by research company BloombergNEF (BNEF) entitled Net-Zero Transition: Opportunities for Indonesia. Today, coal-fired plants meet more than 60% of Indonesia’s power demand. trillion under the NZS.

Indonesia 195
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GE and Shenhua open coal gasification joint venture in China

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a 50:50 joint venture with Shenhua Group to advance the development and deployment of “cleaner coal” technology solutions in China. GBI report: Asia-Pacific to be the leading coal-producing region. The region’s coal industry comprises China, India, Australia, Indonesia, Kazakhstan, Thailand, Vietnam and New Zealand.

Coal 199
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IEA: time to tap into hydrogen’s potential to play a key role in a clean, secure and affordable energy future

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The in-depth study, which analyzes hydrogen’s current state of play and offers guidance on its future development, was launched by Dr Fatih Birol, the IEA’s Executive Director, alongside Mr Hiroshige Seko, Japan’s Minister of Economy, Trade and Industry, on the occasion of the meeting of G20 energy and environment ministers in Karuizawa, Japan.

Clean 255
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New phase of globalization could undermine efforts to reduce CO2 emissions

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A new study finds that the growth of carbon production from Chinese exports has slowed or reversed, reflecting a “new phase of globalization” between developing countries that could undermine international efforts to reduce emissions. 2018) “China’s “exported carbon” peak: Patterns, drivers, and implications.” Coffman, D.’.

Global 170
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UN Environment report says national GHG pledges only bring one-third of reductions needed for Paris Agreement

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Even if the current Nationally Determined Contributions (NDCs) are fully implemented, the carbon budget for limiting global warming to below 2 ˚C will be about 80% depleted by 2030. Given currently available carbon budget estimates, the available global carbon budget for 1.5 ˚C C will already be well depleted by 2030.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35% increase in energy demand by 2040, according to ExxonMobil’s latest Outlook for Energy report. The OECD represents the developed economies. Click to enlarge. Outlook for Energy.

Energy 252
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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May, 2007 : An international team of researchers concluded that the ability of the Southern Ocean to absorb carbon dioxide had slowed by about 15% per decade since 1981 ( earlier post ), and projected that at the present rate of deterioration, it will have lost two-thirds of its ability to store carbon by 2050.

Climate 236