The Asia n Energy Predicament

摘要

Asia already imports some 6o% of its oil from the Middle East. Increasing Asian dependence on this volatile region is a growing concern for Asian governments that have hitherto viewed energy largely in strategic terms, that is, as one of the 'commanding heights' of the economy and a matter of fundamental national security. If this geostategic mindset persists, Asia's thirst for oil could increase the likelihood of conflict over territory. Yet such a prophecy, though perhaps self--fulfilling, is hardly certain. Market forces have increasingly proven essential to resolving energy questions by spurring conservation, energy efficiency and the development of new oil and alternative fuel sources.