2050-> 9 Billion population, there will be energy poverty.
Zone of extraordinary oppurtunity misery (2000-2050)
Era of volatile transitions (no nuclear)
USA-> 25% of energy consumption
Triple Trilema
2050: 30% renewable
1% of global supply after 30 years Innovation-> EOR,flng, gtl, sesimic cleaner energy.
smarter energy
Ex: Malampaye station. Feed in tariffs for renewable ERB formula
2012 recession
HK GDP down in 2008- only for Vietnam, Indonesia and Philipines-> GDP went high
7 billion FDI vietnam attracted. Electricity cost are high in Philipines
Gawad kalinga (NGO)-> Homes community.
79 % of major corp -> sustainable report(Europe). Asia companies do leass.
Companies have to follow Global reporting framework in stock exchange.
They need take care of Triple Bottom line -> social cultural, economical and environmental
Extractive sector is very regulated.
