16. Energy dilemma: Fossil fuels versus renewables in a time of crisis
This episode of The Weekly Tradecast talks about the energy crisis and alternatives to get beyond it with Henrique Pacini, an UNCTAD economist specializing in trade, energy and the environment.
The war in Ukraine has tightened supplies of oil and gas, driving up prices and uncertainty just as demand recovers with the easing of COVID-19 restrictions.
Western nations are phasing out Russian fuel but scrambling to secure energy from elsewhere to keep factories running and prepare for winter.
Will the energy crisis push countries into postponing climate goals and investments in cleaner renewable energy? Tune in to this episode to find out.