The Iran war has changed the global energy system forever
11 hours ago
- #Fossil Fuels
- #Energy Crisis
- #Renewable Energy
- Global climate solution consensus: stop burning fossil fuels, but fossil fuels still account for ~80% of global energy.
- Iran War blocking Strait of Hormuz caused the biggest modern energy crisis, affecting 25 countries with fuel shortages.
- Renewables now compete with fossil fuels, offering cheaper alternatives amid the crisis.
- Coal is regaining appeal as a substitute for disrupted natural gas, despite being highly polluting.
- Solar energy is surging globally, with record Chinese exports and increased demand in affected regions.
- Nuclear power is being reconsidered as a reliable, carbon-free energy source, with new projects and delayed phase-outs.