How Trump’s Iran war could make the world more reliant on coal
The energy crisis sparked by the war is making some countries consider ramping up their use of dirty fuels
Not two months in office, as the https://fred.stlouisfed.org/series/WTISPLC">price of west Texas crude approached $14 a barrel, President Jimmy Carter donned a cardigan https://millercenter.org/the-presidency/presidential-speeches/february-2-1977-report-american-people-energy">to speak candidly about his strategy to face the permanent energy shortage he saw in the nation’s future.
His “fireside chat” is mostly remembered for asking Americans to lower the thermostat to 65F in the daytime and 55F at night, an idea that didn’t go down too well in the bitter winter of 1977.
https://www.theguardian.com/business/2026/apr/05/coal-reliance-iran-war-fossil-fuels">Continue reading...War in Iran impacts global energy
- OPEC Plus Warns of Slow Recovery After War in Iran The New York Times —
- France’s fishermen impacted by rising fuel prices amid US-Israeli war on Iran Al Jazeera —
- OPEC+ Plans Symbolic Oil Quota Hike for May Bloomberg —
- European ministers call for profit caps on energy companies as war drives price surge ABC News —
- Iran war driving up funeral costs in the UK The Guardian —