We are now back to using 8 billion tonnes of coal, an all-time high last seen in 2013. The war in Ukraine has pushed gas prices to the stratosphere, and this has intensified gas-to-coal switching worldwide.
Coal use must fall by half within this decade, according to the International Energy Agency, but the supply disruption from this conflict caught the world before solar and wind could get to where they’re able to replace coal.
So we’re left in a two-faced energy transition. In public, we shout renewables, while in private we burn record amounts of coal. That amount of coal generates 23 billion tonnes of CO2 equivalent, more than China’s, the United States’, and India’s emissions combined.
This cannot be sustained. Asia is the epicenter of coal’s resurgence, but it is also the region that will be hurt the most if we tip over to runaway global warming. Filipinos know first-hand that typhoons are now larger and more powerful. The Maldives will disappear entirely as sea levels rise. And the wildfire seasons in Australia and California now overlap.
Climate change impacts get really personal, too. After Australia’s Black Summer bushfires, the firefighters who responded were so traumatized by the screams of koalas being burned alive that 1 in 20 needed urgent mental health intervention.
So we need a proven alternative to coal. Nuclear technology is a proven resource that is already being safely harnessed within the region. We can use it to ensure available and affordable energy as we work towards a post-pandemic recovery.
How can we make this happen?
Nuclear Power Forum Asia is the only ASEAN-centered pan-Asian executive conference that brings together the region’s investors, government regulators, technical experts, and executive decision-makers to build a unified roadmap for us to maintain our energy security and personal integrity in the energy transition.
Join us in Manila this May. Let’s celebrate 65 years of atomic energy research in ASEAN together.
Nuclear Power Forum Asia is the only proven ASEAN-centered, pan-Asian forum that brings together the region’s energy ministers, power utility CEOs, chief nuclear researchers, international financial institutions, export credit agencies, investment banks, and government treasurers to:
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Nuclear Power Forum Asia 2023
May 11-12, 2023
See you in Manila!
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