Carbon Neutral Consulting’s Stephen Crolius returns to Sustainability in Your Ear to debate the influence of Vladamir Putin’s Ukraine invasion on the oil and pure fuel markets, in addition to humanity’s path to a post-carbon financial system. He beforehand joined us to elucidate the role of ammonia in low-carbon seaborne shipping. Russia’s unprovoked war on Ukraine is a horrible human tragedy that may have long-term environmental impacts. Within the wake of the invasion, individuals and governments are centered on getting sufficient natural gas and oil to warmth properties and supply electrical energy, and never simply in Europe, which is closely depending on Russian fossil fuels. The result’s an obvious resurgence of oil and fuel exploration funding, which can result in more greenhouse gas emissions. On different hand, Europe and different nations depending on Russian oil have begun discussing renewable vitality tasks that may speed up their inexperienced transition.
Stephen tracks the Russian oil and fuel difficulty, and argues that whereas fossil gas vitality could value shoppers extra, we must always not double down on oil, fuel, and coal. He says turning to renewables now will probably be “higher for the local weather and the more serious for autocratic regimes which might be propped up by the export of fossil vitality commodities.” We will definitely use rather less tyranny on this world. Take part to listen to his evaluation of the resilience of the inexperienced transition and whether or not Putin has shot the Russian financial system within the foot. You could find out extra about Carbon Impartial Consulting at carbonneutralconsulting.com