cover image: Atlantic Council THE 2024 GLOBAL ENERGY AGENDA

20.500.12592/89324gq

Atlantic Council THE 2024 GLOBAL ENERGY AGENDA

2 Feb 2024

will as an inhibitor to net zero, the war in Ukraine is a As Ogunbiyi writes, “up to $5 trillion can be added greater energy transition catalyst for Europeans, and to the economies of low-income countries by provid- the rest of the Global South places a stronger empha- ing clean and affordable energy to those without it.” sis on the impact of extreme weather influencing the Additionally, the retur. [...] One of the myth that Russia has the world’s “second best mil- first measures countries took to pivot away from itary”; in the economic sphere, through its resil- Russian energy supplies was to accelerate the ience and high level of adaptability and growth pace of the energy transition to low-carbon or capacity; in the energy sector, by counteracting carbon-free sources and technologies, making the. [...] The fight of Ukraine and its allies has thus oly in the production of special types of nuclear expanded from a battle for territory and indepen- fuel; and in the geopolitical sector, in the form of dence to a stand against the dictatorship of fossil unity of the democratic world in the fight against fuels the world over. [...] tinues to export electricity to the EU even amid the Rebuilding Ukraine’s energy sector in line with war; and in recognition of Ukraine as one of the the world’s best practices in sustainable devel- key partners in the development of the hydrogen opment and decarbonization will help to finally industry, the EU included our country among the break the grip of the fossil fuel dictatorship and signat. [...] How then can the energy sector ensure it con- tributes to the transition while also ensuring its Accelerating the transition in partnership with energy producers long-term viability and that it meets the needs of consumers? The question the world faces is therefore not whether to transition, but at what pace it can Part of the solution achieve the change while balancing the complex At its core, th.
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United States of America