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Asia's real energy crisis will hit the day it stops looking for oil

Alternative energy nowhere near being able to replace traditional fossil fuels

| Southeast Asia
Windmill turbines in Bac Lieu province, Vietnam: the pace of growth in alternative energies could easily end up lagging the decline in oil and gas production.   © Reuters

Vandana Hari is founder of Singapore-based Vanda Insights, which tracks energy markets.

Rapid changes in the world's anticipated long-term energy and environmental needs in recent years prompted several international oil-producing companies to start retreating from fossil fuels.

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