This Is How the Global Energy Crisis Ends

, compared to the 10-year average. “What’s not already in production isn’t going to help us in the coming days,” says Bros. His suggestion? Put the climate crisis on hold for the coming months and burn whatever is available now—then, once fossil fuel prices come down, move back into green tech.

Bringing the global energy crisis to an end by swallowing higher prices and undoing years of progress on climate change may seem drastic—but we’re in pretty drastic times. “We are facing a military crisis, an economic crisis, an energy crisis, and the climate crisis,” says Bros. “Let’s solve them in order, otherwise we’re not going to solve anything.

Getting out of the current mess will also require brutal honesty from politicians, who will need to embrace unpopular measures. Governments need to explain that massive investment, far more than has already been earmarked for green alternatives, is needed to secure the future, even if Russia ends its illegal war. Countries will need to “overinvest” to increase spare capacity, while individuals will need to reduce their energy usage.

“I consider myself green,” says Ismirovic, “but I’ve had arguments with uber-green people who say: ‘No more oil, no more gas.’ It doesn’t work like that. We still need some oil and some gas. Pressing companies not to produce has driven supply down.”There are no quick fixes for the global energy crisis, Ismirovic argues, but we can use this moment as motivation to unpick the almighty mess that got us here in the first place. “You need these energy companies to solve your problem,” he says.

WiredUK Adi Imsirovic Senior Research Fellow Adi Imsirovic.. held a number of senior positions, including Global Head of Oil at Gazprom Marketing & Trading, Director of Petraco and the Head of their Singapore office and The Regional Manager of Texaco Oil Trading for Asia.

WiredUK This article reads like it’s from 1997

WiredUK Yea.. Feels Much Less Than The Sting Of A Missile On Your Head..! UkraineRussianWar Ukrainians

WiredUK No crisis, just getting gouged. Wake up already

WiredUK Too many people. Duh. Without fossil fuels, we won’t have anything like the energy that we’ve been using anytime soon. And we must stop using fossil fuels. Right now.

WiredUK Yay capitalism!

WiredUK I never thought of meeting a legit bitcoin trader after been scammed many times at my age but the heavens sent rachel_cargle guided me and help me make a living through bitcoin with my coinbase app, I recommend you to meet her now and also be a beneficiary of good work

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