Asia boosts coal use as Iran war squeezes global LNG supplies
Summary
Asian countries are increasing coal use as LNG supplies are disrupted by the Iran war, risking more pollution and slower renewable energy transitions.
Key Points
- Asian countries are increasing coal consumption due to LNG supply disruptions caused by the Iran war.
- India, South Korea, Indonesia, Thailand, the Philippines, and Vietnam are among the countries boosting coal-fired power.
- Increased coal use risks worsening air pollution and slowing the transition to renewable energy in Asia.
- Indonesia is prioritizing domestic coal use over exports, tightening regional supplies and pushing prices higher.