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



6:00 AM

The 6AM Stretch

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

7:00 AM

World Market Watch

Kingsley Jones, Chief Investment Officer, Jevons Global 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

Dr. Deborah K. Elms, Head of Trade Policy, Hinrich Foundation talks about the US Supreme Court's decision on tariffs.

7:45 AM

Morning Brief

Dr. Azmi Hassan, Senior Fellow at the Nusantara Academy for Strategic Research, discusses the unfolding events of the Malay political factions, and DAP's upcoming party congress.

8:00 AM

The Breakfast Grille

Rubens Marques, Head of South & Southeast Asia, Louis Dreyfus Company, discusses the company's food sustainability strategy in the region.

8:30 AM

Morning Brief

Dr. James Dorsey of the S. Rajaratnam School of International Studies discusses rising US-Iran tensions as Trump hints at a possible strike.

8:45 AM

Morning Brief

Nik Nazmi Nik Ahmad, MP for Setiawangsa discusses the alleged corrupt practices within the MACC.

9:00 AM

Opening Bell

(REPEAT) Kingsley Jones, Chief Investment Officer, Jevons Global tells us where international markets are heading.

9:15 AM

Opening Bell

Peter Kong, Head of Research, Kenanga Investment Bank discusses ESG in Malaysia.

9:35 AM

Pinnacle Perspectives

TC Chew, Managing Director of APAC for Arup, discusses the benefits of the revived KL–Singapore high‑speed rail (HSR) project.

10:05 AM

Open For Business

Adrian Chia, Co-Founder & CEO, Big Tiny

11:05 AM

P&L

Renganathan Kannan, Executive Director, TRATAX

12:00 PM

Enterprise Explores

TikTok Shop US hit $15.1B, but the growth isn't from viral live streams, it's the boring "Shop Tab." Momentum Works explains why American consumers are favoring traditional search over live streams, and compares this to Southeast Asia’s $45.6 billion mature ecosystem.

1:00 PM

The Breakfast Grille Repeat

Rubens Marques, Head of South & Southeast Asia, Louis Dreyfus Company, discusses the company's food sustainability strategy in the region.

2:05 PM

Discovery Hour

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

3:05 PM

Earth Matters

3:20 PM

Earth Matters

Macaranga Wrap-Up

4:05 PM

Health & Living

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

Today I Learned

A Skeptic’s Take on the Epstein Files

7:00 PM

Just For Kicks

8:00 PM

A Bit of Culture