Conversation

The New Joule Order, a report this week by the Carlyle Group, argues that large parts of the world are about to decarbonise at breakneck speed for reasons that have nothing to do with net zero. They want to rid themselves off traded oil and gas because these fuels are a strategic danger, & because there are now better alternatives.
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“The energy transformation is on the cusp of re-accelerating. It will be driven by the quest for security, with nations creating a diversified energy mix of joules to insulate themselves from geopolitical, macro and financial risks,”

https://www.telegraph.co.uk/business/2025/03/14/trumps-oil-triumphalism-will-end-in-american-tears/