Energy shocks expose Asia Pacific's gas gamble, as plunging battery costs and flexible demand tools emerge as cheaper, more secure alternatives to ‘transition fuel’ liquified natural gas.
The 48th Asean Summit in Cebu closed last week vowing “just” energy transition yet fossil fuel dependence and “green extractivism” deepen inequalities.
Will scaling biofuels in Southeast Asia make the region more resilient to oil shocks, or does it introduce new vulnerabilities? Structural risks must be addressed as biofuels take a larger share of the transport fuel mix.