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Will the Iran war derail the energy transition?

Countries in Asia and Europe are turning to coal to power their economies but analysts argue solar will be a long-term winner

Surging gas prices driven by the Iran war are pushing countries in Asia and Europe towards coal to power their economies.

In Asia, Thailand has restarted coal-fired power plants since the start of the Middle East conflict, while Japan and South Korea have lifted caps on burning the polluting fuel as the war raises fears over gas supplies.

In Europe, Italy has delayed a deadline for ending coal-fired power by more than a decade, to 2038. Germany’s coal plants have been producing more electricity than its gas-fired power stations since the war began.

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