Global energy system faces ‘twin fossil shock’ as crises accelerate shift to electrification -report

Published 10:06 on April 14, 2026 / Last updated at 10:06 on April 14, 2026 / / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), EMEA (Africa, Europe, Middle East), Net Zero Transition (Industrial Decarbonisation, Power/Electrification, Transport & Heating Fuels), Voluntary (VCM Developments)

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A new analysis has warned that the world is experiencing a “twin fossil shock” that could reshape the global energy system more profoundly than the oil crises of the 1970s - while simultaneously speeding up the transition away from fossil fuels.
A new analysis has warned that the world is experiencing a “twin fossil shock” that could reshape the global energy system more profoundly than the oil crises of the 1970s - while simultaneously speeding up the transition away from fossil fuels.


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