To avoid climate peril, the world must electrify
The current crisis has unleashed powerful market forces that we can harness to accelerate electrification (File/AFP)
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The cascade of shocks to the global economy over the past few months has offered a glimpse of our new reality. The Gulf conflict has taken an extraordinary — and dangerous — amount of oil, gas and fertilizer off the market, and now a possible “super” El Nino cycle could bring more extreme weather. That means this year’s UN Climate Change Conference — COP31 in Antalya, Turkiye — will come just as millions of people have been pushed deeper into energy and food poverty, forced to suffer truly terrible conditions as they endure more severe natural disasters.
