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HomeClimate Change News2022 SkS Weekly Climate Change & Global Warming News Roundup #43

2022 SkS Weekly Climate Change & Global Warming News Roundup #43



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2022 SkS Weekly Climate Change & Global Warming News Roundup #43

Posted on 29 October 2022 by John Hartz

Story of the Week

Global Energy Report: Pain at the Pump, High Energy Costs Could Create a Silver Lining for Climate and Security 

Russia’s invasion of Ukraine and the reverberation in energy markets will hasten the transition to clean energy, and peak fossil fuel use is finally within sight.

On the heels of a new World Meteorological Organization report this week that revealed “more bad news for the planet” and its climate crisis, another global institution, the International Energy Agency, described an energy crisis that is “delivering a shock of unprecedented breadth and complexity.”

But IEA officials also found a reason for optimism.

Emerging out of the crisis, they report, are “profound and long-lasting changes that have the potential to hasten the transition to a more sustainable and secure energy system.”

The 524-page IEA World Energy Outlook 2022, published Thursday, puts the blame for rising energy prices across the globe and the widespread economic pain caused by energy inflation squarely at the feet of Russia, which invaded Ukraine in February, upsetting global energy markets. But the United States, Europe, China and India are putting in place new energy policies that could, over the long term, lead to greater sustainability and stability, including more renewable energy, the report concluded.

Global Energy Report: Pain at the Pump, High Energy Costs Could Create a Silver Lining for Climate and Security by James Burgess, Inside Climate News, Oct 27, 2022


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