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Asia corporates turn to wind and solar deals as fossil fuel prices surge

Renew Economy

Growth in PPAs is led by solar and wind powerhouses India, Australia and Taiwan as renewables offer significantly cheaper alternative to fossil fuels. The post Asia corporates turn to wind and solar deals as fossil fuel prices surge appeared first on RenewEconomy.

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Harmonising Asia-Pacific’s energy transition horizons: Huawei unleashes the power of digital

Energy Storage News

The Asia-Pacific region's transition away from fossil fuels requires a combination of digital innovation and environmentally-friendly energy technologies, writes Nicolas Ma of Huawei.

Asia 104
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Canadian LNG Will Stall Asia’s Shift to Renewables, Energy Experts in Asia Say

DeSmogBlog

as a global climate solution, with some industry boosters even going so far as to call Canada’s supply of the fossil fuel the “cleanest in the world.” C is to stop building new fossil fuel projects. Conservative leader Pierre Poilievre has claimed Canadian LNG will replace ‘dirty coal in Asia.’

Asia 110
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How the Fossil Fuel Industry Buys Goodwill

DeSmogBlog

From the world’s biggest soccer championship to soccer training for kids , from major universities to music festivals and art galleries to — if you can name it, fossil fuel companies have probably sponsored it. TotalEnergies will sponsor the 2023 Rugby World Cup in France.

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Colombia joins international alliance calling for treaty to end use of fossil fuels

The Guardian: Energy

Gustavo Petro, Colombia’s president, wants the treaty to lay out a plan to end the era of coal, oil and gas Colombia has formally joined an alliance of nations calling for a fossil fuel non-proliferation treaty, the country’s president announced at Cop28, adding its voice to calls to phase out the era of coal, oil and gas.

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Global Power Sector Embracing Renewables but Ditching Fossil Fuels Too Slowly

GreenTechMedia

A new study of 3,000 power companies across the globe has found that only a handful have been cutting their fossil fuel capacity over the last two decades. Even utilities with aggressive renewables programs still have large portfolios of fossil fuel assets.

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HSBC Plans to Close Asian Coal Plants to Curb Emissions – While Also Investing £80 Billion in Fossil Fuels

DeSmogBlog

Plans by HSBC to buy and close coal plants in Asia have been dubbed a “cynical” attempt to clean up the bank’s image before the COP26 climate conference by “one of the world’s top financiers of fossil fuels”. HSBC, however, is the 13th biggest funder of fossil fuels in the world, according to the Rainforest Action Network.