energy transition

Iran, Oil States and Instability

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Oil, Renewables and the Slow Unravelling of Petro‑States With Venezuela back in the headlines, another oil state is once again under pressure for regime change. This time the focus is Iran. Iran has faced mass protests against its authoritarian regime before, but the current moment feels more brittle. The country is not only grappling with … Read more

Stranded Assets: How Climate Change Could Trigger the Next Global Credit Crunch

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Climate Change, Stranded Assets, and the Next Credit Crunch Last month I wrote about the huge risks climate change poses to the world economy. International financial institutions have made big bets on residential property just as extreme weather is making insurance in some regions harder—or impossible—to get. Without insurance, those properties are essentially worthless. Without … Read more