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New Zealand, Cambodia cite political risks due to high energy transition costs

Channel News Asia LogoChannel News Asia5h ago

New Zealand, Cambodia cite political risks due to high energy transition costs - Channel News Asia

Quick Summary:

SINGAPORE: Political risks due to potential loss of public support over rising power tariffs are a major impediment to transitioning to cleaner electricity sources, ministers from New Zealand and Cambodia told an energy industry event on Monday (Oct 21).

Planners must also abandon the belief that a single plan can meet the needs of more than 200 countries," he said.

"If we don't bring costs down, we may lose the public support, and therefore it will just make the whole thing go away," he said.


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New Zealand, Cambodia cite political risks due to high energy transition costs - Channel News Asia (Picture 1)New Zealand, Cambodia cite political risks due to high energy transition costs - Channel News Asia (Picture 2)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-21 @ 14:02:06 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 410 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 23149391

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 16 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 6 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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