Asia’s renewable energy path to global leadership (The Asset 25)
Today, Asia stands as both the world’s largest producer and consumer of energy, and is still relying heavily on coal and fossil fuels to power its sprawling megacities and industries.
Yet, the region now also boasts vast renewable energy resources, among them, solar in the deserts of India, wind along the coastlines of China, South Korea, Taiwan and Japan, and hydropower potential in Southeast Asia’s rivers.
Led by heavyweights like China, Japan and India, the timing could now be apt for Asia. The move towards global leadership though would not just be a response to the potential changing of US energy policies but, in reality, would be an essential move for a region that has to increasingly balance economic growth, environmental challenges and the preservation of an immense and unique natural biodiversity.
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