Renewables are shining. The Iran war amplifies their appeal
IT IS FASHIONABLE to proclaim that the big winner in energy markets from the new Gulf war will be coal. The sooty stuff is certainly getting a leg-up, especially in countries like India which sit on lots of it and also import lots of liquefied natural gas (LNG). Yet the closure of the Strait of Hormuz may offer an even bigger lift to clean energy, and especially solar power.
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