Iran War Highlights How Different Countries are Approaching Renewables
The war in Iran is exposing something the global energy conversation has consistently glossed over. Different countries are approaching the shift away from fossil fuels from entirely different positions, at entirely different speeds, and with entirely different consequences when disruption hits. The crisis has made those differences impossible to ignore. Economic damage from the disruption has reached well beyond the conflict zone. One of the world's busiest maritime oil corridors ground to a near halt, sending prices briefly past $119 per barrel. Even though governments coordinated a release of strategic petroleum stocks at a scale without historical precedent, costs still…
