How Greentech is the solution to climate change
Hosted by South China Morning Post, Asia Sustainability Conference returns in 2021 with this session moderated by Andrew Chang, Program Director for New Energy Nexus China.
Climate change is an imminent and pervasive issue in the modern world. The transition to green technology can help the environment heal and pave the way to a future of sustainability. 45 per cent of global investment in the transition to cleaner power is found within Asia, and the priorities are clear: a low-carbon future, Greentech adoption, and clean energy.
The question is, what actions are truly going to lead to a quantum change across all of society? Austin R. Bryan, Senior Director of Innovation at CLP Holdings Limited, suggests we “stop talking about an aspiration,” and instead “have a plan for actionable leadership around sustainability.” In other words, companies need to take action — as opposed to just ‘thinking’ about changes that will help the environment. Businesses need to make it clear to their customers and their employees how decarbonisation and sustainable digitalisation is essential to the plan of the future.
To achieve this future, Peggy Liu, Chairperson of JUCCCE, suggests we think of “the world as what and how [we] want it to be.” The main objective is to get all of society thinking about a collective goal for the future before anything else, because the ‘how’ can come to fruition with time and effort after a widespread goal is acknowledged.
Scott Reinhart, Founder and Managing Director of Brawn Capital, shares how he “[sees] coal and gas becoming stranded assets in the next decade” as existing energy sources become more prevalent, such as batteries, solar power, and wind power. These existing assets need to be implemented as an alternative to more harmful energy sources if we wish to see practical changes in the world of energy production.
According to Bryan, technology advancements and software solutions will be the most important in the fields of distributed energy, renewable energy and storage, building energy management, and the transportation sector. As Reinhart says, “the time for action is now,” and these Greentech implementations must happen soon to mitigate the pressing threat of climate change.
Access to our playback videos of the conference are available for ticket holders (LEARN, ELEVATE), please visit our website for more information.
