This Time Must Be Different (Energy Intelligence, June 24, 2022)

The reaction to the 2022 energy crisis must be fundamentally different from past energy crises. New innovative policy initiatives are required as the world grapples with the twin problems of the aftermath of Russia’s invasion of Ukraine and the longer, more important threat of global warming. And we believe a rapid transition away from fossil fuels — especially Russian and Middle Eastern oil and gas — can happen thanks to the global economy’s drastic restructuring since the 1973 energy crisis. This includes financial system reforms, the end of large, entrenched corporations dominating innovation, and the incredible expansion of funding for creative ideas as forces that can and likely will make the consequences of the 2022 energy crisis unique compared with those of past events.

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