“Proponents of clean energy hope (and sometimes promise) that in addition to mitigating climate change, the energy transition will help make tensions over energy resources a thing of the past. It is true that clean energy will transform geopolitics—just not necessarily in the ways many of its champions expect.” Jason Bordoff and Meghan L. O’Sullivan: Green Upheaval. The New Geopolitics of Energy.

+ In the meantime, oil companies’ profits soared to $174bn this year as US gas prices rose.