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 : BFM 89.9 -- The Business Station

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) Why is succession planning a board's duty, not just an HR task? ICDM's Michele Kythe Lim and Tunku Alizakri discuss building a leadership pipeline.

12:00 PM

BBC World Service

(REPEAT) This week on Science in Action, stories on how scientists are tracking Atlantic ocean circulation with satellites, studying ancient proteins to understand life’s history, rethinking an old Australian crater’s impact, and highlighting Arthur Ruhlig’s forgotten work in fusion science.

1:00 PM

A Bit of Culture

(REPEAT) Kam Raslan, Zan Azlee and Mikey Gong get together to talk about cashless society, mathematics and nostalgia in TV shows and films!

2:00 PM

Ringgit & Sense

(REPEAT) Felix Neoh, Director of Financial Planning at Finwealth Management talks about the OPR how it affects your finances.

2:30 PM

The Property Show

(REPEAT) Adrianta Aziz of the Malaysian Institute of Architects (PAM) discusses what defines sustainable architecture.

3:00 PM

Best of The Bigger Picture

(REPEAT) We unpack an important new report by IMAN Research, detailing the political views of the Malay youth -- what they're worried about, how they feel about multiculturalism and Islam in politics -- and how we can build stronger inter-ethnic relationships.

4:00 PM

Best of Evening Edition

(REPEAT) Governments are worried about falling birth rates, but are they missing the bigger picture? ARROW’s Sivananthi Thanenthiran joins us to talk about rights, realities, and why people must come before policies.

5:00 PM

BBC World Service

This episode of People Fixing the World focuses on nifty inventions that are helping save the lives of babies and mothers during childbirth.