CGS Associate Research Director Ryna Cui will participate in a panel discussion on China and Japan’s energy security strategy, their reliance on LNG, movement on nuclear, and their relationships with Russia.
About the event:
Now in its nineteenth year, NBR’s Energy Security Program convenes senior policy, industry, and energy specialists to engage in high-level discussions on Asia’s energy policies and their geopolitical impact. This year’s program will consider the role for transition plans that include fossil fuels like liquified natural gas (LNG) as a bridge to future energy mixes where renewables are the dominant share, as well as country specific roadmaps that reconcile their near-term energy security pressures with long-term climate commitments.
LNG is in an ambiguous position as a preferred cleaner alternative to coal and oil, with expectations for strong future demand growth, but faces potential headwinds due to extremely high prices in Asian markets. More broadly, there are fears that in retrenching to ensure adequate fossil fuel supplies at great environmental and financial cost, Asian governments will lose focus on reconciling this with ambitious decarbonization goals. The choices the major Asian countries make will have profound implications both for traditional fossil fuel markets like LNG and for the outlook for the global clean energy transition and climate goals. Understanding what to expect in the major energy market countries including China, Japan, India, and Southeast Asian countries is vital to understanding these markets and global climate prospects.