The writer is professor in practice at the Global School of Sustainability at the LSE, and a former chief economist at the Bank of England and BP
One of the hoped-for silver linings of the war in Iran and the renewed focus on energy security is that it will accelerate the transition to low-carbon energy and a more sustainable energy system. As the executive director of the International Energy Agency, Fatih Birol, argued, the war will trigger “a significant boost to renewables and nuclear power and a further shift towards a more electrified future”.
How confident should we be that the war will usher in a faster pathway to a low-carbon world?