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Opinion / #LNG
Taiwan’s energy challenges highlight the limits of fossil fuel–based energy security as geopolitical tensions reshape global energy markets and supply chains.
As the closure of the Strait of Hormuz continues to disrupt global oil and gas flows, countries are increasingly focusing on short-term energy priorities to the detriment of long-term decarbonisation goals. In such a context, the difficult task of designing climate policies that realign incentives takes on new importance.
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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