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Why the Iran war might not spur a faster transition to low-carbon energy

Increased priority on security of power supply might see some countries double down on fossil fuels

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? 

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