Asian Development Bank pleads for alternative energy use | Bangkok Post: business

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Asian Development Bank pleads for alternative energy use

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Asia will dominate over half of the world's energy supply by 2035, with possible double oil consumption if business continues as usual, though limited indigenous resources present challenges to the region. 

A new Asian Development Bank (ADB) report stated Asia will need a massive increase in energy supply this century, mainly from fossil fuels, if the region is to continue to grow and lift millions more out of poverty.

Given the lack of alternative energy, this new supply is likely to spell environmental disaster, said the report, part of ADB's Asian Development Outlook 2013.

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