Financing a Fossil Future: Special Report on High Prices and Fossil Gas Expansion in SEA
Southeast Asia has been bannering ambitious plans for gas in recent years, backed by financiers keen to fuel a more catastrophic climate crisis. Soaring energy prices and a rapidly closing window to meet climate imperatives dictate that the mad dash for gas in SEA must be stopped.
As the second week of COP 27 in Sharm El Sheikh, Egypt begins and ahead the G20 summit in Nusa Dua, Bali, CEED’s latest special report builds on the Financing a Fossil Future 2022 report and zooms in on rising energy prices and the need to halt emissions, especially methane, amid the intensifying climate crisis.
Read the special report:CEED-Philippines_Financing-a-Fossil-Future
Fighting a Fossil Future: Stories from Southeast Asia
The gas industry may be aggressively pushing to expand in Southeast Asia, but it is not starting off unscathed. Stories of resistance, of the will to protect communities, the environment, biodiversity, and the hope for a sustainable future are unfolding everywhere.
Earlier this year, CEED and Climate Tracker Asia collaborated to explore the growing gas expansion in Southeast Asia. Stories below:
Fossil gas expansion seen to threaten Philippine marine corridor, coastal folk | Philstar
Vietnam’s LNG transition “unlikely” to boom this decade | Báo Pháp luật Việt Nam
From Chana to the LNG Expansion in Thailand | Sarakadee
Gas expansion a detour in Philippine transition to cleaner, cheaper energy | Philstar
LNG terminal construction sacrifices mangroves and the Bali marine ecosystem
Southeast Asia’s lofty gas plans pose threats to waters rich with marine life | Philstar
Opinion: Confronting the new carbon bomb in Southeast Asia
Community hangout: Covering the expansion of liquefied natural gas in Asia
How is LNG expansion affecting local communities in Southeast Asia?