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Opinion / #electricity
As climate risks become financial risks, investing in resilience is essential to protecting economic growth, attracting capital and securing Malaysia’s long-term prosperity.
The war in the Gulf has unleashed powerful market forces that the rest of the world can harness to accelerate electrification and keep the Paris climate agreement's primary objectives on track. Doing so will not only mitigate climate change, but also strengthen economic resilience worldwide.
If the war in Iran does not end soon, the Malaysian government must have more arrows in its energy policy quiver.
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.
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