A Pan-Asian Energy Infrastructure
In coming years, Asia (ie China, Japan, South Korea, the ASEAN states, East Timor, Papua-New Guinea and Australia) needs tens of trillions of dollars of infrastructure investment.
This includes energy, transport and telecommunications. One-third of humanity lives in Asia. The region accounts for one-third of global GDP. It emits one-third of global greenhouse gas emissions.
Between now and 2050, Asia's share of global population, GDP and energy use will rise dramatically. The decisions Asia makes in coming decades will largely determine the fate of humanity in the second half of the 21st Century.
A low-emission energy infrastructure in Asia is critical to avoiding destructive global climate change.
The good news story in all this is that the cornerstones of a Pan-Asian Energy Infrastructure are being laid.
They have names like the Trans-ASEAN Gas Pipeline, the Trans-ASEAN Electricity Grid, China Fiber Optic City, Palapa Ring, and the National Broadband Network.
The challenge now lies in interconnecting them to make a whole larger than the sum of the parts.
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