The journey from fossil fuel dependence to renewable energy sources for Asian countries is fraught with complications for those who work in and live around energy-related industries, and requires a massive amount of financial capital.
Given the scale and complexity of the transition away from hydrocarbons, some worry that economic analysis has been given short shrift in the policy planning process. At least four major challenges stand in the way.
The Philippines has ended new coal development as it pursues a low-carbon future. Don Paulino of non-profit Philippine Energy Independence Council and boss of Shell's exploration arm, argues why natural gas should remain in the energy mix.