Connect with us

Published

on

Petronas sign against the backdrop of the Twin Towers.

Goh Seng Chong | Bloomberg | Getty Images

Asia needs to achieve net zero before the world can do so, according to the CEO of Malaysia’s state-owned oil and gas company Petronas.

“The bulk of the emissions [that] are expected to emit will be produced in Asia going forward,” Tengku Muhammad Taufik told CNBC’s JP Ong Tuesday on the sidelines of the Energy Asia in Kuala Lumpur, Malaysia.

“The world cannot achieve net zero without Asia achieving net zero,” Taufik pointed out during the opening address of summit. Asia will represent half of global GDP by 2040, as well as 40% of global consumption, he added.

The energy transition goals embodied in the Paris Agreement cannot be undertaken by “one industry, or one set of policymakers, or one country alone,” he said during the keynote speech.

The world’s governments agreed in the 2015 Paris climate accord to limit global heating to well below 2°C, compared to pre-industrial levels, and pursue efforts to limit the temperature rise to 1.5°C. 

According to a March report by the International Energy Agency, emissions from Asia’s developing economies and emerging markets grew more than other regions in 2022, up by 4.2%. More than half of this increase is attributed to coal-fired power generation.

An idealist’s narrative?

Seeking to clamp down on the use of fossil fuels, or completely abandon it, may not necessarily be the way forward, Taufik said, adding that complete decarbonization overnight is an idealist’s narrative.

Including fossil fuels as part of the energy base, at least for the first half of the century, is needed if the world wants to move away from energy supply shocks, he said.

“Unfortunately, the narrative to date has been driven by idealists. Extremists who believe there’s a binary switch that overnight we can turn from System A to System B,” he said, referring to System A as the inherent fossil fuel backed economy, and System B as decarbonizing to zero carbon overnight.

The world has not thought about the full ecosystem that comes with implementing System B, such as the minerals and metals requirements and supply chain issues that need to be resolved first, Taufik added.

Read more about energy from CNBC Pro

“Yet we seek to abandon fossil fuels in an extreme fashion without allowing the industry to deal with inherent emissions challenge,” he said.

According to a separate world energy outlook report by the International Energy Agency, the world remains highly reliant on the use of fossil fuels such as oil, natural gas and coal.

“The share of fossil fuels in the global energy mix has been stubbornly high, at around 80%, for decades,” the report stated. In a scenario-based forecast hinging on current policy settings, the fossil fuel mix would fall to just below 75% in 2030, and above 60% in 2050.

“We’ve always positioned natural gas as a transition fuel,” the Petronas chief said, noting that recent debates have considered views that gas could even be a destination fuel because it offers a baseload of security and certainty, especially when renewables have yet to overcome intermittency issues.

Continue Reading

Environment

Tesla tops 36 car Autopilot test, affordable Model Y spied, and a $5,000 EV

Published

on

By

Tesla tops 36 car Autopilot test, affordable Model Y spied, and a ,000 EV

Credit where credit is due: in a massive, 32-car multinational independent test, Tesla’s Autopilot ADAS came out on top, the new affordable Tesla turns out to be a corner-cutting Model Y, and one of the company’s original founders compares the Cybertruck to a dumpster. All this and more on today’s episode of Quick Charge!

Today’s episode is brought to you by Retrospec – the makers of sleek, powerful e-bikes and outdoor gear built for everyday adventure! To that end, we’ve got a pair of Retrospec e-bike reviews followed up by a super cute, super affordable new EV from China with nearly 150 miles of range for less than $5,000 USD.

PLUS: listeners can get an extra 10% off by using code ELECTREK10 at retrospec.com!

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple PodcastsSpotifyTuneIn, and our RSS feed for Overcast and other podcast players.

Advertisement – scroll for more content

New episodes of Quick Charge are recorded, usually, Monday through Thursday (most weeks, anyway). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.

Got news? Let us know!
Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show.


If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them. 

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Tesla teases new Roadster as ‘the last best driver’s car’

Published

on

By

Tesla teases new Roadster as 'the last best driver's car'

Tesla is again teasing the new Roadster, which is now five years late, as “the last driver’s car” before self-driving takes over.

The chicken or the egg. Is Tesla delaying the Roadster to match the development of self-driving technology, or is it delaying the development of self-driving technology to match the delayed release of the Roadster?

The prototype for the next-generation Tesla Roadster was first unveiled in 2017, and it was initially scheduled to enter production in 2020; however, it has been delayed every year since then.

It was supposed to achieve a range of 620 miles (1,000 km) and accelerate from 0 to 60 mph in 1.9 seconds.

Advertisement – scroll for more content

It has become a sort of running joke, and there are doubts that it will ever come to market despite Tesla’s promise of dozens of free new Roadsters to Tesla owners who participated in its referral program years ago.

Tesla used the promise of free Roadsters to help generate billions of dollars worth of sales, which Tesla owners delivered; however, the automaker never delivered on its part of the agreement.

Furthermore, many people placed deposits ranging from $50,000 to $250,000 to reserve the vehicle, which was initially scheduled to hit the market five years ago.

When unveiling the vehicle, CEO Elon Musk described it as a “halo car” that would deliver a “smack down” to gasoline vehicles.

That was almost eight years ago, and many electric hypercars have since launched and delivered this smackdown.

Tesla has partly blamed the delays on improving the next-gen Roadsters and added features like the “SpaceX package,” which is supposed to include cold air thrusters to enable the vehicle to fly – Musk has hinted.

Many people don’t believe any of it, as Tesla has said that it would launch the new Roadster every year for the last 5 years and never did.

Now, Lars Moravy, Tesla’s head of vehicle engineering, made a rare new comment about the next-generation Roadster during an interview at the X Takeover event, an annual gathering of Elon Musk cultists, last weekend.

He referred to Tesla’s next-gen Roadster as the “last best driver’s car” and said that the automaker did “some cool demos” for Musk last week:

We spent a lot of time in the last few years rethinking what we did, and why we did it, and what would make an awesome and exciting last best driver’s car. We’ve been making it better and better, and it is even a little bit more than a car. We showed Elon some cool demos last week and tech we’ve been working on, and he got a little excited.

The timing matches Musk’s recent claim that Tesla is going to have ‘the most epic demo ever, ’ but we heard that one before.

We suspected that the comment might be about the Tesla Roadster, as the CEO made the exact same comment about Roadster demos in 2019 and 2024. You will not be shocked to hear that these demos never happen.

Electrek’s Take

The “last best driver’s car” before computers are going to drive us everywhere. It’s a self-fulfilling prophecy if you continue to delay the car. It might literally be the last car ever made that way. How would we ever know?

The truth is that the Roadster was cool when it was unveiled in 2017, but that was a long time ago. Tesla would need to update the car quite a bit to make it cool in 2025, and I don’t know that cold air clusters are it. You will have extreme limitations using those.

The Roadster is almost entirely in the “put up or shut up” category for me at Tesla. They need to stop talking about it and make it happen; otherwise, I can’t believe a word.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Kia’s electric van spotted in the US again, but will it ever launch?

Published

on

By

Kia's electric van spotted in the US again, but will it ever launch?

The PV5 is already available in several markets, but will Kia launch it in the US? After Kia’s electric van was spotted testing in the US again, a US debut could be in the works.

Is Kia’s electric van coming to the US?

Kia launched the PV5, the first dedicated electric van from its new Platform Beyond vehicle (PBV) business, in South Korea and Europe earlier this year, promising it will roll out in “other global markets” in 2026.

Will that include the US? Earlier this year, Kia’s electric van was caught charging at a station in Indiana. Photos and a video sent to Electrek by Alex Nguyen confirmed it was, in fact, the PV5.

Kia has yet to say if it will sell the PV5 in the US, likely due to the Trump Administration’s new auto tariffs. All electric vans, or PBVs, including the PV5, will be built at Kia’s Hwaseong plant in South Korea, which means they will face a stiff 25% tariff as imports.

Advertisement – scroll for more content

Following another sighting, a US debut cannot be ruled out. The PV5 Passenger model was spotted by Automotive Validation Engineer Chris Higa (@Chrisediting) while testing in Arizona.

There’s no denying that’s Kia’s electric van, but it doesn’t necessarily confirm it will launch in the US. But it could make sense.

Despite record first-half sales in the US, Kia’s EV sales have fallen significantly. Sales of the EV9 and EV6 are nearly 50% less than in the first half of 2024.

To be fair, part of it is due to the new model year changeover, but Kia is also doubling down on the US market by boosting local production. Earlier this year, Kia said the EV6 and EV9 are now in full-scale production at its West Point, GA, facility.

The PV5 Passenger (shown above) is available in Europe with two battery pack options: 51.5 kWh or 71.2 kWh, rated with WLTP ranges of 179 miles and 249 miles, respectively. The Cargo variant has the same battery options but offers a WLTP range of either 181 miles or 247 miles.

During its PV5 Tech Day event last week, Kia revealed plans for seven PV5 body types, including an Open Bed (similar to a pickup), a Light Camper, and even a luxury “Prime” passenger model.

Kia's-electric-van-US
Kia PV5 tech day (Source: Kia)

Kia is set to begin deliveries of the PV5 Passenger and Cargo Long variants in South Korea next month, followed by Europe and other global markets, starting in Q4 2025. As for a US launch, we will have to wait for the official word from Kia.

Do you want Kia to bring its electric van to the US? Drop us a comment below and let us know your thoughts.

Source: Chris Higa, TheKoreanCarBlog

FTC: We use income earning auto affiliate links. More.

Continue Reading

Trending