BFM 89.9

HIGHLIGHTS 
Podcast  >  Bigger Picture  >  Earth Matters  >  Carbon Capture: A Smoke and Mirrors Solution?

Carbon Capture: A Smoke and Mirrors Solution?

Grant Hauber, Strategic Energy Finance Adviser for Asia, Institute for Energy Economics & Financial Analysis

06-Nov-23 15:00

Carbon Capture: A Smoke and Mirrors Solution?

The Malaysian government launched the National Energy Transition Roadmap (NETR) this year, outlining Malaysia’s plans towards achieving a sustainable and inclusive energy system, that reduces our dependence on fossil fuels, and moves us towards a low carbon economy. However, organisations like Sahabat Alam Malaysia (SAM) have voiced concerns over some of the proposals in the roadmap, including hydrogen, and Carbon Capture, Utilisation and Storage (CCUS) technologies, which they believe require more thorough assessments and debate, before being accepted as appropriate solutions. We unpack some of these new technologies heralded as the solution to our climate woes - specifically Carbon Capture and Storage (CCS) and CCUS technologies - to discuss what it means, and whether it's "a greenwash to extend the life of fossil fuel assets, or a panacea to avert catastrophic climate change consequences" with Grant Hauber, who is a Strategic Energy Finance Adviser for Asia, at the Institute for Energy Economics & Financial Analysis. Grant also shares his findings based on two long-running Norwegian carbon capture and storage projects held up as the success stories of CCS, which he believes raises a cautionary tale about the technical and financial viability of the concept in the long run.

Produced by: Juliet Jacobs

Presented by: Juliet Jacobs


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  environment

Tags:  carbon capture and storageCCSUtilisation and StorageInstitute for Energy Economics and Financial AnalysisIEEFAKasawari Gas Development Projectcarbon capturerape accusationfossil fuelsdecarbonisationclimate crisisMalaysia National Energy Transition Roadmap





Play / Pause

Listen now : Health & Living: How has cancer care been affected by insurance and...

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Joanna Chen, Analyst at Bloomberg Intelligence, shares her take on the 2025 performance of the Asia Pacific auto sector and the outlook for 2026.

7:45 AM

Morning Brief

Chong Ja Ian, Associate Professor, Department of Political Science, National University of Singapore, shares his take on the escalating China-Taiwan and China-Japan situation.

8:00 AM

The Breakfast Grille

Warren Cheng, Executive Director of SBS Nexus Bhd, on the company’s upcoming listing on Bursa Malaysia’s ACE Market.

8:30 AM

Morning Brief

Dr. Frederick Kleim, Managing Director of Episteme Consultants, discusses the United States' intent to obtain Greenland, even if it means using their military to do so.

8:45 AM

Morning Brief

Ridzwan Rahmat of Jane’s weighs in on a series of controversies rocking the Malaysian Armed Forces.

9:00 AM

Opening Bell

(REPEAT) Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) Joanna Chen, Analyst at Bloomberg Intelligence, shares her take on the 2025 performance of the Asia Pacific auto sector and the outlook for 2026.

9:35 AM

Ringgit & Sense

Terence Ng, Associate Director of Equities at AIIMAN Asset Management, on the stock-picking strategies and overcoming common investor mindsets.

10:05 AM

Open For Business

AppWorks' Alyssa Chen on their zero-equity accelerator model and why they’re seeing in Malaysia. She discusses the TW-MY-SG corridor and their specific "Request for Startups" in Manufacturing AI and Defense Tech.

11:00 AM

Tech Talk

Matt Armitage, Presenter, Mattsplained, on the quiet arrival of AI in everyday work.

12:00 PM

Enterprise Explores

Malaysia Fintech: A Look Back at 2025, Look Ahead 2026 with Vincent Fong of Fintech News Malaysia

1:00 PM

The Breakfast Grille Repeat

Warren Cheng, Executive Director of SBS Nexus Bhd, on the company’s upcoming listing on Bursa Malaysia’s ACE Market.

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Beyond the Ballot Box

As a leftist within the DAP, Lim Yi Wei believes that her political party should return to its strong socialist/social democratic roots and not get dragged by the neoliberal tide. We speak to her about why that is important.

4:05 PM

Health & Living

How has cancer care been affected by insurance and TPA practices? We look at solutions that need to be prioritised in 2026.

5:00 PM

Top 5 at 5

A countdown of the 5 biggest stories of the day, to catch you up on all you need to know!

6:00 PM

Talkback Thursday

Do you think your parents had a favourite child? How did that affect you?