Energy insecurity is here to stay
Will the war speed the shift from petrostates to new electrostatic? "As Russia supplies 10-25% of the world's oil, gas and coal exports, many countries, especially in Europe, are vulnerable to coercion by it. For them, the war in Ukraine has been a shock that adds urgency to the creation of an energy system which depends more on sun, wind and nuclear reactors than on derricks and rigs. Yet don't fool yourself that this new era will allow an easy escape from the curse of energy crises and autocrats." The Economist contemplates.
From The Economist