They called for long-term promises, cross-border collaborations and better regulation. But not all governments can respond generously with cash and commitment.
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Energy firms are pressing on governments in Asia-Pacific to facilitate the development of renewable power and technologies on the back of the COP26 global climate summit where countries pledged to slash greenhouse gas emissions.
In a series of forums organised by media firm Thomson Reuters last week, industry leaders said that political will is key to ensuring a smooth switch to green fuels.
Nitin Apte, chief executive of Singapore-based solar and wind power firm Vena Energy, said governments need to provide transparent and predictable pathways for companies to align with their sustainability targets in the next few decades.
This news brief is based on reporting published by Eco-Business on 2021-12-08. The original report is linked below.
Eco-Business
https://www.eco-business.com/news/energy-firms-want-apac-governments-to-step-up-in-the-energy-transition/This independent news brief is based on the public source identified above. It is an original summary or translation, not a reproduction of the source article. Rights in source text, research, trademarks and images remain with their respective owners; images are used under the licence or permission identified in the credit. Rights holders may contact rights@goodproductasia.com with evidence of ownership. Verified concerns will be corrected, replaced or removed promptly. This report is not investment, legal, medical or purchasing advice.
