

Assaad Razzouk
19.2K posts

@AssaadRazzouk
Book: https://t.co/Rl65JlhPNB. YouTube: https://t.co/OjGOUfgWpy Podcast: https://t.co/PKFdELe1af







Emerging Asia is sprinting toward electric independence to crush fossil fuel fragility. Fossil fuel wars will only accelerate this trend ➡️Viet Nam: 38% EV sales share, ahead of EU ➡️Singapore: Leading the charge at 50%+ share ➡️Indonesia: 15% share, more than US ➡️Thailand: 21% share, leaving Japan (at 3%) in the rearview mirror ➡️India: Three-wheelers at 57% share, EVs rising rapidly and at 4%, already ahead of Japan ➡️China: Already banking $28b/year in avoided oil imports The era of being held hostage by oil chokepoints is coming to an end in multiple Asian countries, fast ember-energy.org/latest-insight…




Massive destruction caused by this morning's Israeli airstrike om the various neighbourhoods in Beirut, Lebanon 2 million people are homeless and many dead and wounded...
















A few more days of Israel and the US attack on Iran and expect oil and/ or gas rationing in multiple Asian countries 1 Pakistan: In crisis. 0 to 5 days of reserves. Already considering mandatory WFH and weekly price hikes. With only 25 days of petrol, rationing is imminent 2 Bangladesh: In crisis. With 14 to 15 days of diesel, the government is already prioritizing power plants over transport to avoid a total blackout 3 Thailand: Market stressed. Already banned petroleum exports to protect its 60-day buffer. Voluntary rationing likely within a week 4 Singapore: Market stressed. As a hub, it feels the squeeze early. Bunker fuel is already being restricted to existing contracts only 5 India: Vulnerable. While holding ~74 days total, its physical "strategic" caverns are small. Rationing could start to preserve stocks for the military/farming. Gas cuts to industry of 10 to 30% already implemented 6 Taiwan: Vulnerable.Oil is stable (~120 days of reserves), but Gas (LNG) is critical at 11 days. Power rationing for industry likely to start within days 7 China: Large reserves (~120 days) allow it to "wait and see," but some rationing (eg internal quotas for non-essential travel) could appear within a month. Already halted diesel exports to protect what it has 8 South Korea: Rationing could start if the conflict appears permanent (6+ months) 9 Japan: The most resilient, with a world-leading 254-day oil reserve, but only has 3 weeks of LNG inventories and industry already asking for strategic reserves to be opened This is on track to be worse than 1973, 53 years ago, and shows, again, how if your energy depends on fossil fuels you aren’t sovereign; you’re a hostage. Renewables are the only exit strategy. Accelerate their deployment! (Cartoon by David Simonds)