The battle in Ukraine might quickly derail international efforts in direction of internet zero, as governments scramble to make sure vitality safety. Long run, nonetheless, it has highlighted the significance of vitality diversification, and will provide Asian nations the push wanted to speed up the renewables agenda, consultants say.
As nations, notably these within the West, started sanctioning Russia in response to its invasion of Ukraine on February 24, they confronted the dilemma of substitute the 4.7 million barrels per day mbd in crude oil, and eight.9 trillion cubic ft Tcf per yr in fuel, that Russia provides worldwide. Russia is the world’s third-largest oil producer, after the US…
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