The Iran war has done in two months what years of climate policy could not: make green hydrogen look economically viable. Soaring oil and gas prices since February’s outbreak of hostilities have narrowed the cost gap between the zero-emission fuel and its fossil rivals, paving the way for wider uptake across Asia. The eight-week US-Israeli war on Iran, Tehran’s closure of the Strait of Hormuz and Iranian strikes on Qatar’s Ras Laffan liquefied natural gas (LNG) complex have sent Asian fuel...
When Filipino motoring journalist James Deakin recently posted a photo of his fuel receipt – more than 4,000 pesos (US$67) after topping up on nearly 39 litres – his message to followers was blunt: “I’m seriously looking at an EV [or] hybrid now. What’s your breaking point?” He is far from alone. As the Philippines grapples with a national energy emergency triggered by the war in Iran, record pump prices are forcing consumers to rethink their transport methods, and Vietnamese electric vehicle...