Will the Iran war cause the world to shift to green energy? Did Trump inadvertently solve the world’s climate change situation?
Will the Iran war cause the world to shift to green energy? Did Trump inadvertently solve the world's climate change situation?
byu/piltdownman38 inenergy
Posted by piltdownman38
13 Comments
He unleashed unlimited government spending on fossil fuels.
No and no
Sorry my guy but inflation and commodity prices are going to rocket. That’s going to make investing and financially closing on new renewables projects very difficult
It was already happening.
It might accelerate it a little.
If you had bothered to study history even just 50 years old, you would know that the last oil crisis caused an enormous fuel efficiency gains and eventually transition to renewable energy.
China was already pushing renewable energy in electric cars as hard as they could and this will make everybody else in the world go the same way.
No one in this world understands this better than the oil producing countries and oil companies. They will do everything possible to bring the price down so that the switch to efficiency in green energy It slowed down as much as possible.
Sadly no. It will make financing the transition more expensive so it might even delay it rather than accelerate it. It will depend a lot on what happens in the next few weeks and how governments react once things have settled. In the short term it’s a positive shock, but medium term might not look that good.
I hope so. Now it is up to EU and the US to stop tarrifs on EVs and solar panels.
That’d be nice, but our idiot in charge doesn’t even know what a magnet is…
The war is a strong nudge towards clean energy that only oil-rich, geographically insulated North Americans and Russians continue to ignore.
No. China will be burning more coal than ever to insualte it from this energy shock.
No, technically all the countries moving to do this still have to do the work to solve the problem but it still help
Yes, change in everything only happens when it economically makes sense
10-d chess