PH is facing an energy disaster

IN the past few weeks, there have been a steadily increasing number of alarming reports of energy price and supply problems in other parts of the world, in particular Europe, China, India, South America and the US. As it is the tendency of the Philippines — the government, the media and the public alike — to ignore a global crisis until it walks up and pokes them in the eye (see coronavirus pandemic), the spreading calamity has barely entered anyone's awareness, let alone made any kind of impression. There is not much anyone here can do to forestall the coming disaster, but we can perhaps at least avoid being blindsided by it and take a few mitigating steps.

What is happening?