Energy has long been recognized as essential for humanity to develop and thrive. Despite recent progress, some 1.1 billion people globally still lack access to electricity, and 2.8 billion people lack access to clean cooking facilities. These severe energy deficits make it difficult or impossible for many countries to achieve a range of development objectives.
Blockchain, the bleeding-edge technology behind Bitcoin, has a role to play in the clean-energy economy, helping homeowners sell electricity, allowing businesses to trade carbon credits, and making it easier for governments to track greenhouse gas emissions.
In the last 20 years, rapid economic growth in the Greater Mekong Subregion has reduced poverty and brought prosperity to many of its 420 million people. Much of the growth has relied on natural resources, but this approach has worsened environmental degradation due to pollution, deforestation, overuse of natural resources and production of vast quantities of waste.
A new study has ranked the Philippines as the world’s most progressive renewable energy nation for the third year running. The Philippines ranked first in the environmental sustainability category, defined as the ability to supply, demand, and develop energy from renewable and other low-carbon sources.
Sohail Hasnie, Principal Energy Specialist at the Asian Development Bank, says that over the past year even the biggest skeptics of solar power and electric vehicles have finally given up and thrown their weight behind them. How will this year play out for renewables?
Despite wanting to achieve 23% renewables in the energy mix by 2025, Southeast Asia predicted to become more emissions intensive. If Southeast Asia continues to tread its current high growth path, then it should transform into a global manufacturing powerhouse, one that is powered by a greater share of renewable energy.
Since introducing economic liberalization reforms in the 1980s, Vietnam has steadily been reconstructing its fledgling economy. However, climate change threatens to undermine decades of economic progress by seriously threatening water, food, and energy security, and thus, Vietnam’s newfound strength.
John Kerry came to Hanoi to attend an international conference on green energy and sustainable economic growth for Vietnam, acting as a senior energy expert working with Vietnam’s government on an alternative to its coal plan. The aim is an alternative that could provide the same amount of electricity, but use hydroelectric dams and solar panels instead of fossil fuels.