Record-high coal and liquefied natural gas (LNG) prices in Asia are threatening to slow down the fastest-growing economies in the region. The global energy crunch, which has energy-importing countries scrambling to secure supply even at record prices, could be a major speedbump on the road to the much-touted energy transition.
Asia is the poster child of reliance on coal - the dirtiest fossil fuel still accounts for large shares of power generation and is the driver of industrial economic growth, including in the world’s second-largest…How Will Asia React To Record Breaking Energy Prices?
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