Security concerns add urgency to global energy transition – AllianceBernstein

The global energy transition is accelerating as the widespread effects of the Ukraine conflict bolster renewable energy.

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... Russia’s invasion of Ukraine has caused enormous human suffering and upended the previous political consensus in Europe. It’s also prompted concerns that Western countries will be distracted from environmental priorities as they struggle to replace embargoed Russian oil and gas. But data suggest otherwise – that the global energy transition is accelerating and that the widespread effects from the conflict bolster the secular growth case for renewable energy.

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