RE: https://witter.cz/@om/116335951115235217

Countries that are not decarbonising to #NetZero as fast as possible are taking the route that is longer but worse.

#ClimateCrisis #fossilflation

https://media.blubrry.com/extraenvironmentalist/xepodcasts.com/assets/podcasts/energytransitionshow/ETS-272-globalenergycrisis2026-mini.mp3 Full episode __ __ 0:00 -1:44:09 1.0x 0.5x 1.0x 1.25x 1.5x 2.0x ____ __ Share URL Copy The attacks on Iran by US and Israel have touched off a regional conflict that has resulted in the closure of the Strait of Hormuz, through which 20% of the world's oil and LNG transits, and is doing severe, ongoing damage to oil and gas infrastructure throughout the Persian Gulf. We are now in a new global energy crisis. IEA coordinated the largest release ever of oil from strategic reserves to calm the oil market, but traders shrugged it off and oil prices kept climbing, because a physical disruption at this scale is totally unprecedented. Even so, veteran oil traders and journalists have warned that the world is still not recognizing the depth of the actual peril it's in. IEA Executive Director Fatih Birol called this crisis "the greatest global energy security threat in history" and said, "I believe the world has not yet well understood the depth of the energy security challenge we are facing." IEA also admonished governments to take steps to conserve fuel, including urging their citizens to drive more slowly, work from home, take public transport and car sharing, avoid air travel, and switch to electric cooking. The last time IEA called for such wide-ranging demand reduction was in the 1973 Arab Oil Embargo. The consequences are already cascading well beyond oil: Fertilizer prices have surged 25 to 40 percent, and a similar increase in the price of diesel will flow through to essentially everything, causing "fossilflation." In response, governments across Asia have begun curbing consumption: Bangladesh is shutting universities early to save power, Thailand and Vietnam are pushing civil servants to work from home, and Myanmar has imposed fuel rationing. And that's just the beginning. To help us understand this rapidly-worsening reality, we are joined by Rory Johnston, one of the most widely cited independent oil market analysts, founder of the _Commodity Context_ newsletter, and host of the _Oil Ground Up_ podcast. Johnston, who typically avoids alarmist price calls, says $200 a barrel minimum is now on the table. We discuss why the world's emergency supply tools aren't working, where oil prices could go from here, and why this crisis has thrown the world into uncharted territory. It could take the world years to recover from this…but in that interim, it's likely to accelerate the energy transition. To help everyone cut through the fog of war and disinformation, and understand what is happening and how it will affect them, we are publishing this episode without a paywall. So please share it widely. **Guest:** **Rory Johnston** is a Toronto-based oil market researcher, the founder of Commodity Context, a lecturer at the University of Toronto’s Munk School of Global Affairs and Public Policy, host of the Oil Ground Up podcast, as well as a Fellow with both the Canadian Global Affairs Institute and the Payne Institute for Public Policy at the Colorado School of Mines. He is a leading voice on oil market analysis, advising institutional investors, global policy makers, and corporate decision makers. His views are regularly quoted in major international media including the _Financial Times, New York Times, Wall Street Journal, Bloomberg News, Reuters, BNN Bloomberg, CBC_ , and _Financial Post_ , and he frequently appears on numerous market and industry podcasts (e.g., Bloomberg’s Odd Lots, Hidden Forces, etc.). Prior to founding Commodity Context, Rory led commodity economics research at Scotiabank where he set the bank’s energy and metals price forecasts, advised the bank’s executives and clients, and sat on the bank’s senior credit committee for commodity-exposed sectors. On the Web: Commodity Context Podcast: Oil Ground Up podcast On Twitter: @Rory_Johnston On Bluesky: @roryjohnston.bsky.social On LinkedIn: Rory Johnston **Recording date:** March 19, 2026 **Air date:** March 25, 2026 **Geek rating:8** ### Share this: ____ __

Given the gravity of the situation, the latest episode of @TransitionShow came out very fast. What does losing 20 Mb/d of #oil and similarly of #gas mean? “We’re in deep uncharted territory.”

#fossilflation

energytransitionshow.com/episode-272-global-energ... #EnergyTransition

US inflation will surge to 4.2% on energy shock, warns OECD Middle East war to push American price growth to ‘highest in G7’

#Fossilflation is here

#US inflation will surge to 4.2% on #energy shock, warns OECD

giftarticle.ft.com/giftarticle/...

US Home Insurance Prices Set to Keep Rising With Severe Weather California is projected to see the biggest jump, while Florida is the most expensive market overall.

Weather events will likely get more extreme this year thanks to rising GHGs and El Niño. Which means more punishing insurance rate hikes for both homeowners and renters. This #climateflation will happen at the same time as #fossilflation gets worse thanks to Trump's senseless war.

WSJ: "Clean-Power Advocates Say More Renewables Will Boost Energy Security, But it’s Complicated" By Perry Cleveland-Peck"

Hm, not particularly.

I realize saying "it's complicated" is the erudite thing to say, but yeah, the more solar PV on your roof, the lower your exposure to geopolitical price volatility and #fossilflation.

Of course, only going fully off grid will shield you from all oil & gas price volatility.

Why are food and energy prices going up and down so quickly? Our new videos expose how fossil fuels and climate change are making life miserable for all of us and why we need to redirect our whole system towards renewable

...find out more about #fossilflation 🛢️

Teile unserer Gesellschaft haben sich sehr abhängig gemacht oder normalisieren diese Abhängigkeit, um Mehrheiten für "Entlastungen" von der #Fossilflation zu bekommen.

Resilienz ist was anderes, Autokraten dieser Welt feiern das.

👀 @katjadiehl.bsky.social

Die Lösungen gegen Energiepreiskrise, gegen #Fossilflation & gegen steigende Auswirkungen der Erderhitzung

1. Energieverbrauch senken ♻️
2. Erneuerbare Energien ausbauen 💨☀️🔌
3. Umweltschädliche Subventionen abbauen 💶
4. Energiearmut gezielt bekämpfen 🛡️
5. Naturschutz-Offensive 🌱🌻🪺

Weil gerade Energiepreiskrise & #Fossilflation...

Im Klima-Sachstandsbericht #AAR2 haben wir nicht nur auf die hohen Risiken für 🇦🇹 durch die Folgen der Erderhitzung hingewiesen, sondern auch auf die gesellschaftlichen & wirtschaftlichen Folgen der fossilen Abhängigkeit.

#WissenSchafftKlimaschutz

Reaching Net Zero by 2050 cheaper for UK than one fossil fuel crisis

The prescription to #fossilflation?

Get off fossil fuels.

"Reaching Net Zero by 2050 'cheaper for UK than one fossil fuel crisis'"

Oil prices keep climbing amid Iran conflict, with Brent hitting 19-month high Crude oil ​benchmarks rose about 7% on Tuesday, soaring for a third session as the U.S.-Israeli conflict with Iran ‌widens, disrupting fuel shipments and heightening fears of further disruption to Mid...

Paging @gwagner.com: Will rising oil prices due to the US/Israeli attack on Iran cause another bout of #fossilflation?

So much for the "affordability" agenda. Dependence on fossils makes us uniquely vulnerable to this, and Republicans want us more dependent.

www.reuters.com/business/ene...

Deluge fore­cast to raise food prices in Europe Winter ‘pantry’ depleted as rains dev­ast­ate crops across Medi­ter­ranean coun­tries

#Fossilflation European food price edition

The Ukraine War Blew Up the World’s Energy Economy And the U.S. Inflation Reduction Act is surprisingly well-designed to deal with the fallout.

(2) Energy security, with a shout-out to #fossilflation: there are "no sudden price spikes" for solar or wind power.

Hey, look: gwagner.com/heatmap-fossilflation

#fossilflation meets #climateflation

Herzlichen Dank, Oesterreichische Nationalbank, für die Einladung zur Podiumsdiskussion: #Climateflation #Greenflation, #Fossilflation, Was treibt die Preise wirklich?" mit Gouvernour Holzmann, Elisa Lis (EZB), Fabio Rumler (OeNB) unter der Moderation von Andreas Breitenfellner (OeNB).

The economics of climate delay: financial structures and the energy transition The global climate response reveals a troubling paradox: while renewable energy technologies have achieved unprecedented cost reductions…

Nothing to do with climate impacts..

#climateflation #fossilflation

And call your Senators to tell them not to kill the Inflation Reduction Act this week — especially this week, when we're poised for a massive spike in #fossilflation yet again

gwagner.com/heatmap-fossilflation

#fossilflation

gwagner.com/heatmap-fossilflation

Weathering the storm: climateflation and fossilflation in Belgium Nieuw rapport: Fossilflation & Climateflation in België Wetenschappelijk aangetoond: klimaatextremen en fossiele brandstoffen maken alles duurder, maar… we kunnen er iets aan doen! Voor het eerst toon...

For @wwf.be we wrote the first comprehensive study of the past and current impacts of fossil fuel dependency and extreme climate events on #inflation in Belgium.🛢️🔥

Read the full report and our recommendations to address #climateflation and #fossilflation via the link below👇

wwf.be/nl/publicati...

Really sharp, on-point commentary from my new favorite economist, @gwagner.com.

Also, if you like this, check out his writings on #fossilflation - a phenomenon that many mainstream economists seem to have missed.

Inflation botas inte genom att man sparkar ett visst antal undersköterskor inom vården, utan genom att man frånkopplar ekonomin från de ständigt ökande råvarupriserna på fossila bränslen. #fossilflation

An Oil Price-Fixing Conspiracy Caused 27% of All Inflation Increases in 2021 The FTC just found evidence that American oil companies colluded with the Saudi government to hike gas prices, costing the average family $3,000 last year. The question is, what can we do about it?

Masivní inflace v posledních letech je produktem rostoucí ceny fosilních paliv. #Fossilflation.

Americká FTC nyní odhalila, že producenti ropy se podíleli na kartelové dohodě se Saúdy. #Konspirace, která je prý zodpovědná za více než 25 % inflace (USA 2021)
www.thebignewsletter.com/p/an-oil-pri...

NYT headline: "Oil rises on Concern over Supplies and Geopolitics"

#fossilflation

gwagner.com/heatmap-fossilflation

Der #Klimawandel sollte jedoch nicht als einziger Preistreiber angesehen werden. Auch #Fossilflation, teurere Preise für fossile Energien, kann einen Einfluss auf die Herstellung der Lebensmittel und somit auf die Produkte haben.