Green energy will have the last laugh - because of Trump

Key Points:

• The ongoing Iran war, triggered under Donald Trump's administration, has caused the largest disruption in global oil supply ever recorded, prompting a significant energy crisis worldwide.
• This crisis has accelerated a global shift toward renewable energy, with countries prioritizing solar, wind, and battery technologies, which have become the cheapest energy sources due to dramatic cost reductions over the past decade.
• Many nations, including China, the EU, Saudi Arabia, and India, are rapidly expanding renewable energy projects to reduce dependence on fossil fuels and enhance energy security amid geopolitical tensions.
• Despite Trump's efforts to bolster fossil fuels and roll back environmental regulations, international momentum favors renewables, with major economies drafting transition roadmaps independent of U.S. participation.
• The International Energy Agency predicts that the damage to the oil industry caused by the Iran conflict will have long-lasting effects, accelerating the global move toward electrification and renewable energy sources.