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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 gasoline markets, in addition to humanity’s path to a post-carbon financial system. He beforehand joined us to clarify 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. In the wake of the invasion, folks and governments are centered on getting sufficient natural gas and oil to warmth houses 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 gasoline 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 power tasks that may speed up their inexperienced transition.
Stephen tracks the Russian oil and gasoline concern, and argues that whereas fossil gas power might price shoppers extra, we should always not double down on oil, gasoline, 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 power commodities.” We can definitely use rather less tyranny on this world. Join in 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 can discover out extra about Carbon Neutral Consulting at carbonneutralconsulting.com