Asia to play key role in decarbonisation amid shift to renewables: report

Carbon dioxide emissions are expected to peak globally next year, marking a turning point in the energy transition, with Asia set to play a prominent role in decarbonisation. The findings were revealed in a report by Rystad Energy released on Thursday, which noted that while the shift to renewable energy had gained momentum, peak oil demand was set to occur only by the 2030s, with near-term demand for fossil fuels including gas likely to be resilient. Emerging countries such as Pakistan and...