Why Energy Transition Discourse Needs A Dose Of Realism

Experts argue that the energy transition discourse needs realism due to macroeconomic uncertainties and political resistance. Despite projected investments, finance is returning to traditional energy. The collapse of the Net Zero Banking Alliance and reduced green investments by major energy companies highlight challenges. At the Duke of Edinburgh Future Energy Conference, experts emphasized the need for data-driven decisions and collaboration across the energy spectrum, noting the continued reliance on hydrocarbons and the role of natural gas and nuclear energy.