I love the FT but this op-ed by Daniel Yergin is just blatant fossil industry propaganda. No reference to renewables, let alone mention of how oil price shocks lead to shifts - I’m thinking of Pakistan where the Russian oil price shock has led to an astonishing deployment of solar and batteries across domestic and commercial sectors and big improvement in balance of payments.
None are so blind as those who can’t think beyond burning shit. coming from a chemist, that’s saying summat.