In December 2015, Beijing issued its first-ever “red alert” for smog, its highest air pollution warning, which closed schools and restricted the number of cars on the road. Less than two weeks later, it issued its second.

The past decade has brought ground-shaking changes to global energy markets. The unconventional fuel boom has unexpectedly reduced U.S. dependence on oil imports, while in the Asia-Pacific region, energy-constrained nations are increasingly reliant on foreign sources to meet their soaring demand. With the U.S. slated to export liquid natural gas (LNG) to Asia as early as 2017, a new energy era has come.

China’s energy investments are on the move, touching nearly every region of the globe from coal and liquefied natural gas imports from Australia to a recent natural gas agreement with Russia and expanded oil drilling in the South China Sea. [Video Below]