What does the Iran war mean for clean energy transition?
Here’s what to know about how the current crisis could shape the expansion of renewable energyAs the deadly war in Iran triggers what the International Energy Agency has described as the worst oil crisis in history, climate advocates are calling for a faster shift away from fossil fuels, but the conflict may also hamper that transition.US-Israeli strikes on Iran have disrupted supply routes through the strait of Hormuz, through which 20% of global oil flows. The US, Israel and Iran have also all launched strikes on fossil fuel facilities, creating additional market shocks. Continue reading...
Here’s what to know about how the current crisis could shape the expansion of renewable energy
As the deadly war in Iran triggers what the International Energy Agency has described as the worst oil crisis in history, climate advocates are calling for a faster shift away from fossil fuels, but the conflict may also hamper that transition.
US-Israeli strikes on Iran have disrupted supply routes through the strait of Hormuz, through which 20% of global oil flows. The US, Israel and Iran have also all launched strikes on fossil fuel facilities, creating additional market shocks. Continue reading...
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