Ukraine invasion 'spells end' for era of fossil fuels
THE global energy crisis triggered by Russia’s invasion of Ukraine has caused widespread changes in the energy market that will spell the end of fossil fuels forever. "And as a result, we are going to see clean energy, electric cars, solar, hydrogen, nuclear power, slowly but surely, replacing fossil fuels," he said. "The energy world is shifting dramatically before our eyes. Under its Stated Policies Scenario, fossil fuels’ share in the planet’s energy mix would be a little over 60% by the middle of this century. On Russia, the IEA said the country, which is the world's largest fossil fuel exporter, will never regain the share of the global energy supply mix it had before its invasion of Ukraine.
3 months ago
The Herald