economy
Who’d have thought a fossil-fuel shill like Trump would be the one to spark a green revolution?
The US attack on Iran has made the need for renewable energy inarguable. Environmentalists are now being seen for the pragmatists that they are
TL;DR
- Fossil fuel companies' support for Donald Trump's campaign to halt the energy transition has unintentionally accelerated it.
- Geopolitical conflicts and attacks on Iran have caused fossil fuel prices to soar, benefiting oil executives and Vladimir Putin, while highlighting the unreliability of fossil fuels.
- Trump's dismantling of clean energy regulations and programs has not deterred the global momentum towards renewables.
- The war has led to a surge in demand for electric vehicles (EVs), solar panels, and heat pumps worldwide.
- Advancements in battery technology, including grid-scale and solid-state batteries, are rapidly improving energy storage and charging capabilities.
- Nations are increasingly seeking to reduce their dependence on fossil fuels, recognizing the economic and security risks associated with them.
- The 15-minute city program and energy efficiency measures are presented as ways to reduce costs and emissions.
- The article suggests Trump's actions are motivated by nihilism and a desire for destruction, not just political or financial gain.
- The fall of Viktor Orbán's regime, potentially influenced by Trump's support, has disrupted Russian oil funding for propaganda networks.
- Environmentalists are now viewed as pragmatists due to their foresight in advocating for a sustainable energy transition.