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Asia

Asia is the world’s fastest growing and most economically dynamic region. It is home to half of the world’s population and over half of the world’s energy consumption. Concurrently, it also means that Asia is home to some of the world’s largest total greenhouse gas emissions. The region and its robustly growing economies walk a knife-edge between continuing to foster fundamental growth while mitigating the risks that spiralling prices have on economically sensitive markets. (IEEFA Asia's monthly newsletter is available here.)

Japan’s energy security response is creating a renewables blind spot

Japan's response to the Middle East energy shock prioritizes reducing liquefied natural gas (LNG) use by increasing coal-fired generation and restarting nuclear power plants, rather than addressing the underlying factors driving import dependence.

The Iran conflict is cutting the long-term role of LNG in Asia

For many Asian economies, the Iran conflict has already done lasting damage to the reputation of liquefied natural gas (LNG) as an affordable, secure resource for long-term energy sector development.

South Korea’s renewable energy pivot can mitigate fossil fuel dependency risks

The Iran conflict has exposed South Korea’s vulnerability to fossil fuel dependence — driving up costs and disrupting supply — prompting the government to accelerate a shift toward a more diversified, efficient, and renewable-led energy system.

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