The International Energy Agency (IEA) says rising geopolitical tensions are threatening global energy security and emphasizing the need for a speedy transition to clean energy. Economic and military tensions surging across many regions of the world have exposed major weaknesses in the world’s energy system and created significant risks for climate action and energy security.
IEA Executive Director Fatih Birol says geopolitical tensions could affect green energy supplies and the prospect of surpluses through the second half of the 2020s. Excess supply of liquefied natural gas (LNG), oil, and clean energies such as solar panels and batteries is projected to reduce energy prices through…
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