When the supply of energy becomes a matter of national security, what is the position of the climate obligations?
The Iran war and the closure of the Strait of Hormuz, the route through which about a fifth of the world's oil passes, increased the pressure on the energy market and pushed some countries back to coal. The International Energy Agency predicted that global coal consumption will reach 8.94 billion tons this year, and investment in this sector has reached the highest level since 2012.
According to the new study of the "Global Carbon Project", carbon dioxide emissions from fossil fuels will likely decrease by 0.4% in 2026; The decrease that researchers see in the interruption of oil supply and the increase in energy prices following the Iran war as one of its main causes.
Report by Farzia Sabati, Iran International Correspondent.