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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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Adani Group and Carbon Energy sign MoU to bid for UCG projects in India

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India-based Adani Group and Australia-based Carbon Energy signed a Memorandum of Understanding (MoU) to form a joint venture to pursue Underground Coal Gasification (UCG) projects likely to be announced on tenements of Coal India (CIL) in India. The MoU is for a period of 18 months.

India 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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A wide variety of fuels are able to produce hydrogen, including renewables, nuclear, natural gas, coal and oil. Today, hydrogen is already being used on an industrial scale, but it is almost entirely supplied from natural gas and coal. It can also help to improve air quality and strengthen energy security.

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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Global CO2 emissions stalled for the third year in a row

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The report provides updated results on the continuous monitoring of the three main greenhouse gases: carbon dioxide (CO 2 ), methane (CH 4 ) and nitrous oxide (N 2 O). Emissions are increasing in other developing countries: 6% for Indonesia and Malaysia; 9% for Pakistan and 12% for the Philippines.

Emissions 150
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Canada Nickel launches subsidiary to develop zero-carbon production of nickel, cobalt and iron

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has created a wholly-owned subsidiary, NetZero Metals, to begin the research and development of a processing facility that would be located in the Timmins, Ontario region with the goal of utilizing existing technologies to produce zero-carbon nickel, cobalt and iron products. Canada Nickel Company Inc.

Canada 318
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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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The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. The outlook is developed by examining energy supply and demand trends in 100 countries, 15 demand sectors covering all manner of personal and business needs and 20 different energy types. Outlook for Energy.

Energy 252