This is what the fossil fuel shock looks like. The UK must adapt its energy system – and fast | Chaitanya Kumar

This is what the fossil fuel shock looks like. The UK must adapt its energy system - and fast | Chaitanya Kumar

YesA power shake-up doesn’t just raise our electricity bills – it can revolutionize how our economy works. The UK responded to the energy crisis of the 1970s by modernizing its energy system and doubling down on its North Sea oil extraction. Investment poured in and the UK became an energy importer. When energy security is … Read more

A storm cloud is gathering over the global financial system

A storm cloud is gathering over the global financial system

Clouds are gathering around the world’s financial markets as the US war against Iran enters its fifth week and oil prices are increasing along with many types of products that depend on oil and gas such as fertilizers. Even before the war, there were growing concerns about the stability of the financial system. This is … Read more