SINGAPORE – South-east Asia faces a major energy conundrum – ramp up the switch to natural gas from polluting coal to meet growing energy needs, or go all in and back cleaner renewables like solar and wind.
Right now, gas seems to be winning, according to an analysis of investment plans published on May 30, which says the dash for gas comes with considerable economic and climate risks.
Plans for a massive build-out of gas-fired power plants and liquefied natural gas (LNG) terminals in South-east Asia risks locking in decades of costly polluting energy and holding back investments in…
