The Middle East conflict is set to have a double-whammy impact on both Asean’s import of fertilisers, and its energy-intensive fertiliser production. The timing is critical as in the coming months, the five major crops, including rice, are being planted in Asean.
The global energy transition was once defined by energy security, affordability, and environmental sustainability. But a new era of geopolitical conflict has reshaped the energy trilemma, with national security the overriding priority.
Evolutionary game theory is useful to devise strategies for real-life situations such as international negotiations and ecological crises, where players are unequal, and choices are complex.
To accelerate the retirement of coal, we need a scalable incentive framework that offers equitable participation and fair distribution of costs and benefits.