U.S. envoy Rick Duke says Russian invasion of Ukraine speeds shift to clean energy
2 years, 3 months ago

U.S. envoy Rick Duke says Russian invasion of Ukraine speeds shift to clean energy

The Hindu  

Russia’s invasion of Ukraine will accelerate the world’s shift to renewable energy because of price shocks in oil and gas, a U.S. climate envoy said on August 25. U. S. Deputy Special Envoy for Climate Rick Duke was speaking at an Australian National University forum after meetings with Australian government officials on bilateral cooperation in transitioning to net-zero greenhouse emissions by 2050. Mr. Duke described the Russian invasion that began six months ago as “one of the biggest geopolitical drivers at the moment” for a global shift toward renewable energy. Transition from fossil fuels to renewable energy can pose fiscal challenges for India: study Australia had also prioritised green energy technology partnerships with Japan, South Korea and the United States to avoid the supply chain constraints that have arisen through the pandemic, Mr. Munro said.

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