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Global energy system built on fragile routes, shift to clean energy way ahead, finds report

Even though the world has plenty of oil and gas, energy security remains fragile. Countries that depend on imports are still vulnerable to disruptions at key shipping routes, according to a new report by think tank Third Generation Environmentalism (E3G). The analysis highlighted the urgent need to shift towards cleaner and more resilient energy systems….

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Iran-Israel Conflict Threatens India’s Energy Security and Economic Stability

The survey had outlined three possible global scenarios: • “Business as in 2025”• A disorderly multipolar breakdown• A systemic shock cascade in which multiple crises reinforce one another. While the probability of such a systemic shock was assessed as relatively low, the survey warned that its economic impact could be more severe than the 2008…

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