EnergyCC is grateful for the support from and collaboration with our industry partners across Oil & Gas, Mining, Renewable Energy and Finance. We deeply appreciate their recognition of EnergyCC’s mission and efforts and we look forward to a collaborative future together.
Milltrust International Group is a specialist, award-winning investment organisation co-headquartered in London and Singapore. Milltrust provides a range of sustainable and innovative investment solutions intended to address global challenges from sustained prosperity to positive climate impacts. Clients include pension funds, sovereign entities, family offices.
In January 2020, Milltrust launched the Climate Impact Asia Fund in partnership with WWF-Hong Kong and Environmental Investment Services Asia Ltd. Milltrust International Group supports EnergyCC and its objective for investor / industry-led approaches to accelerate the energy transition by scaling up action to deliver the aims of the Paris Agreement. We look forward to collaborating in EnergyCC’s joint industry projects.
The Sustainable Energy Association of Singapore (SEAS) represents the interests and provides a common platform for companies in Renewable Energy, Energy Efficiency and Financial Institutions to meet, discuss, collaborate and undertake viable projects together. SEAS supports EnergyCC and its objective to convene industry organisations to share learning and promote collaboration. SEAS member companies will benefit from building bridges across industries and investors, to catalyse new investments and projects in sustainable energy.
Estimates from satellite data show global gas flaring increased to levels not seen in more than a decade, to 150 billion cubic meters (bcm), equivalent to the total annual gas consumption of Sub-Saharan Africa. The 3% rise, from 145 billion cubic meters (bcm) in 2018 to 150 bcm in 2019, was mainly due to increases in three countries: the United States (up by 23%), Venezuela (up by 16%), and Russia (up by 9%).
A study comparing the relative climate impact of gas-fired power versus coal-fired power as a function of methane emissions concludes that natural gas is only better for the climate, if total methane emissions along the gas supply chain are less than 3.2%. IEA methane release data indicates that in 2019, 3.8% of produced natural gas was lost due to venting or leaks,
DNV GL's global energy transition outlook 2019 forecasts that by 2025 energy related emissions will peak and in 2030 energy demand will plateau due to efficiencies from pervasive electrification; in 2050, fossil fuel supply is half of total energy demand, with share of natural gas share rising to 29%. While 1.5 oC carbon budget is exhausted in 2028, global climate change will see ~2.4 oC temperature rise by the end of the century, unless the reduced share of GDP spent on energy is used to significantly reduce net emissions further.
Deployment of Carbon Capture and Sequestration (CCS) will not be optional in implementing the Paris Agreement, but the current rate of progress is falling short of what is required to achieve climate goals
About 100 companies have been responsible for about 71% of the world's greenhouse gas emissions since 1988
Imports of liquefied natural gas (LNG) will set a new record in 2017 on the back of a robust 8.8% growth – the fastest since 2011
The shale boom has helped natural gas eclipse coal in America’s power mix in 2016 and it is the only fuel apart from renewables where output is rising
At the end of 2016, more than 24% of global electricity was produced by renewables, with capacity rising 10% at much lower cost in 2016
Global fossil fuel subsidies, although declined from US$500 bln in 2014 to US$325 bln in 2015 are still more than twice the subsidies for renewables (US$150 bln)
A 2015 study found that air pollution in China is responsible for more than 4,000 deaths per day
In 2015, advanced energy employs 2.7 million workers in the US, nearly twice as many jobs as building construction, significantly more than agriculture and mining, and equal to supermarkets and grocery stores