IEA chief Birol says oil crisis permanently transforms fossil fuel industry and accelerates renewables
Updated
Updated · The Guardian · Apr 24
IEA chief Birol says oil crisis permanently transforms fossil fuel industry and accelerates renewables
6 articles · Updated · The Guardian · Apr 24
Fatih Birol warns the Iran war-driven oil crisis has irreversibly damaged trust in fossil fuels, urging the UK to limit North Sea expansion despite industry pressure.
Birol predicts a significant global shift toward renewables and nuclear power as governments reassess energy strategies, noting new North Sea fields would not improve UK energy security or lower prices.
The UK government welcomes Birol's endorsement of a managed North Sea transition, while campaigners stress only clean energy can ensure long-term security as over 50 countries prepare for a major energy transition summit.
If the Iran war ends and oil prices fall, will the global rush to renewables falter?
How are oil giants reshaping their narrative to fight the global energy transition?
Is the global nuclear power revival a genuine climate solution or a costly distraction?
Why do new North Sea oil projects persist despite warnings they are commercially unsound?
Could public ownership be the only way to safely dismantle the fossil fuel industry?
Are we trading oil dependency for a new reliance on China's critical minerals?