Renewable energy project developer, operations manager and energy trading business BayWa re has been steadily establishing itself in the region. Climateworks saw, first-hand, leaders at the G20 and COP27 reaffirm the 1.5-degree Celsius Paris Agreement goal and . What are renewable resources in the Southeast? LockA locked padlock For more information, please visit www.usaidcleanpowerasia.org. Southeastern lawmakers, who say their states could not meet the targets, say their districts would face higher costs because utilities would be forced to buy credits or make other payments. When burned, fossil fuels emit pollutants such as sulfur dioxide and nitrogen oxides which are subject to environmental controls to limit their release to the air. Approximately 53% of all renewable energy comes from biomass sources, represented by biofuels, landfill gas, municipal solid waste, wood and wood-derived fuels, and other biomass feedstocks. Renewable energy in Southeast Asia is a growing sector with a market size of $205 billion and capital investments totaling $11 billion between 2020 and 2022. Peter Fairley, Garbage In, Megawatts Out, July 2, 2008, http://www.technologyreview.com/Energy/21029/?a=f. By contrasting the two scenarios, the trade-off between maintaining these resources at the exclusion of clean energy becomes apparent: Consumers lose billions by propping up more expensive fossil resources. Our USAID [United States Agency for International Development] Clean Power Asia program made huge investments in clean power and is projected to help the region avoid 30 million tons of carbon dioxide emissions over the next 15 years, he continued. \+e|We8yx8!x=LO\50f%*H(\(I$ xB8 dg@JH5@fzI:zX&?}`s:9w&Z[FmP}NrLbaYX1s(]l]dhol LtE{ 6&$vu_ZcU5a*rvPmM5clTRI~Q1 VCEs WIS:dom model also incorporates electricity distribution infrastructure savings from deploying distributed storage and solar resources. Waxman had offered a lower renewable target of 17.5 percent, according to Rep. Gene Green (D-Texas), a member of the committee. Despite ambitious long-term climate announcements, Southeast utilities are still heavily reliant on expensive-to-run coal plants and are doubling down on risky new gas infrastructure investments, instead of clean technologies of the future. Cellulosic ethanol can be produced from the same types of biomass feedstock as could be used for biomass electric power generation.