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Podcast: Middle East Dossier
Episode: Russia-Ukraine Conflict: In Search of Silver Linings in the Energy Transition
Description: The war in Ukraine has forced Europe to re-examine its security strategy and energy dependence on Russian oil and gas. The EU is now pushing for an embargo on all Russian hydrocarbons – a previously unthinkable option. Whilst the energy industry has been rapidly shifting away from hydrocarbon investments, governments have been slow to promote low carbon alternatives, leaving a looming energy shortfall. But it is not just Europe, and energy, that will be affected.
Around the world, countries are bracing for the impact. Expectations of a post-Covid recovery have vanished – the IMF has predicted that global growth will...