Lee Ying Shan reports on Asia’s efforts to reduce its greenhouse gas footprint for CNBC.
- The CEO of Malaysia’s state-owned oil and gas company (Petronas) has stated that Asia will have to reduce its emissions first before the rest of the world can.
- China is responsible for a third of global emissions and is building more coal-fired plants than the rest of the world combined.
- Moreover, a majority of future emissions are projected to come from the Indo-Pacific region as countries in the area rise up the economic ladder.
- The U.S. can help Asia reduce its emissions by engaging in free trade negotiations and exporting clean technology to the region.
Read the full article here.