Daily on Energy: War to drive investment in renewables, sanctions evasion, and Manifold fights back
The ongoing conflict in Iran is influencing global energy investments, with a shift towards renewables and nuclear energy. The International Energy Agency forecasts that total energy investment will reach $3.4 trillion this year, with a significant portion allocated to alternative energy sources. Meanwhile, oil prices are stabilizing as a ceasefire agreement between the U.S. and Iran is being negotiated.
- ▪The International Energy Agency predicts a rise in investment in renewables and nuclear energy due to the war in Iran.
- ▪Global energy investment is expected to reach $3.4 trillion this year, with $2.2 trillion focused on low-emission and renewable projects.
- ▪Oil prices are stabilizing as a ceasefire deal between the U.S. and Iran is being negotiated, although full market normalization may take years.
Opening excerpt (first ~120 words) tap to expand
WHAT’S HAPPENING TODAY: Good afternoon and happy Thursday, readers! The America’s Future Gala and Award Showcase will be taking place in Washington, D.C. later tonight. Several folks from the Washington Examiner will be in attendance, including Callie, so be sure to say hello if you are there! 💃🥂 With the help of our editor Joe Lawler, today’s edition of Daily on Energy gives you the latest on the drama tied to the removal of BP chair Albert Manifold. 👀 The ousted chairman and director released a statement today, and had some strong words regarding the allegations against him. Keep reading for more.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Washington Examiner.
Discussion
0 commentsMore from Washington Examiner
