cover image: Global reaction to energy crisis risks zero carbon transition

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Global reaction to energy crisis risks zero carbon transition

8 Jun 2022

The world is going through a major energy crisis as a result of Russia’s invasion of Ukraine. At the same time, the next few years are critical for climate action—a last chance to keep the 1.5°C temperature limit within reach. This briefing looks at the shocks to the global energy system and showcases what governments are doing to respond to the energy crisis, outlining clear recommendations for measures to take and avoid. So far, governments have largely failed to seize their chance to rearrange their energy supplies away from fossil fuels. Instead, we are witnessing a global “gold rush” for new fossil gas production, pipelines and liquefied natural gas (LNG) facilities. This risks locking us into another high-carbon decade and keeping the Paris Agreement’s 1.5°C limit out of reach.
energy climate net zero

Authors

New Climate Institute, Climate Analytics

Published in
Germany

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