economy

As Iran war exposes global dependence on fossil fuels, the biggest emitters are reaping the rewards

Worst polluters hold world’s future in their hands as they benefit from higher fossil fuel prices, but global trends favour renewables

As Iran war exposes global dependence on fossil fuels, the biggest emitters are reaping the rewards

TL;DR

  • Major polluting countries are profiting from higher fossil fuel prices.
  • Geopolitical events have contributed to increased fossil fuel costs.
  • Global trends indicate a strong shift towards renewable energy.
  • The future of energy is increasingly favouring renewables over fossil fuels.