War in Iran has triggered another global energy shock. Once again, conflict has exposed the deep instability built into the fossil fuel system. And once again, the world is reminded that these fuels are not only polluting, but precarious.

In this episode, Christiana Figueres, Tom Rivett-Carnac and Paul Dickinson unpack why the threat to oil infrastructure and the Strait of Hormuz matters so much, and why these moments keep repeating. What does it mean to build an economy around fuels concentrated in a handful of volatile places, and transported through fragile choke points? And why are many responding to that insecurity by calling for more drilling?

They’re joined by Bruce Douglas, CEO of the Global Renewables Alliance and Chief Growth Officer at the Global Wind Energy Council. Bruce argues that although this is not the first energy crisis of its kind, it may be the first in which the alternatives are ready at scale. Renewables are available now - and, in many cases, cheaper, faster and more secure than doubling down on fossil fuels.

Together they explore the fork in the road now facing governments. In a moment of insecurity, do countries try to squeeze more out of declining oil and gas reserves? Or do they use this as the push they need to invest in a more resilient system? That decision may determine whether this will be remembered as just another oil crisis - or as the moment political leaders finally started to absorb the lesson.

Learn More:

⚡ Read the Global Renewable Alliance’s Renewables Action Plan to break the energy crises cycle

☀️ Learn more about Pakistan’s people-led solar revolution

🌍 Understand why the Strait of Hormuz matters so much to global energy supply

📈 Explore the IEA’s report on the status of renewables today and their forecasts to 2030

🎤 Leave us your voice notes and questions for upcoming episodes on SpeakPipe

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Producer: Ben Weaver-Hincks

Edited by: Miles Martignoni

Planning: Caitlin Hanrahan

Exec Producer: Ellie Clifford

This is a Persephonica production for Global Optimism and is part of the Acast Creator Network.

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The Iran Crisis and the Price of Oil Dependence