Opinion / #clean energy
China’s climate pivot has been shaped by its survival strategy, and this is now quickly redefining its resilience in the 21st century. Whether that power endures will depend on Asean – arguably China’s closest testbed for clean energy development. The recent Asean Summit and Apec meetings suggest China’s successes in climate and development will see a far larger reach beyond its shores.
Even as political denial and regulatory paralysis grip parts of the West, a different message has been resounding across Asia – it is not retreating, but rising to the occasion.
Resource nationalism can impede energy cooperation in Southeast Asia. Asean can use a mix of carrots and sticks to deal with it.
If they are serious about a sustainable future, they must close loopholes and extend coal policies across clients’ entire value chains, denying new financing to companies using coal unless they have credible, time-bound clean energy plans.
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