“This is the template for the long-foreseeable future. Thanks to Trump’s stupid, bloody, unforgivable war of choice in the Gulf, the world is going to install unimaginable amounts of cleantech. They are going to throw away their water heaters, motorbikes, furnaces and cars and replace them with all-electric versions. They’re going to cover their roofs and balconies with panels. The battery industry will experience a sustained boom. The fortunes that fossil fuel companies are reaping from the current shortage is their last windfall.
The writing is on the wall. Trump opened Alaska for drilling and the oil companies noped out because they couldn’t find a bank that would loan them the money needed to get started. Then it happened again in Venezuela. This de-fossilizing was already the direction of travel, the only question was the pace at which the transition would proceed – and Comrade Trump has just stomped all over the (liquid natural) gas pedal.”
The key part here is that there’s been a huge structural shock due to infrastructure getting destroyed and Hormuz being closed. This isn’t an event countries can just hunker down for a few months to ride out. So, there’s really no other choice now. Either you start building out renewables or your economy is going to unravel.
It’s going to wind up as a transformative event, but I don’t relish getting to the other side. Especially with a government adversarial to moving off of the fossil crap.
Cory Doctorow wrote about this too, recently, and it too is worth a read: https://pluralistic.net/2026/04/20/praxis/ .
“This is the template for the long-foreseeable future. Thanks to Trump’s stupid, bloody, unforgivable war of choice in the Gulf, the world is going to install unimaginable amounts of cleantech. They are going to throw away their water heaters, motorbikes, furnaces and cars and replace them with all-electric versions. They’re going to cover their roofs and balconies with panels. The battery industry will experience a sustained boom. The fortunes that fossil fuel companies are reaping from the current shortage is their last windfall.
The writing is on the wall. Trump opened Alaska for drilling and the oil companies noped out because they couldn’t find a bank that would loan them the money needed to get started. Then it happened again in Venezuela. This de-fossilizing was already the direction of travel, the only question was the pace at which the transition would proceed – and Comrade Trump has just stomped all over the (liquid natural) gas pedal.”
This is such a good take. It makes sense and I love to hear it!
They called him a madman…
The key part here is that there’s been a huge structural shock due to infrastructure getting destroyed and Hormuz being closed. This isn’t an event countries can just hunker down for a few months to ride out. So, there’s really no other choice now. Either you start building out renewables or your economy is going to unravel.
It’s going to wind up as a transformative event, but I don’t relish getting to the other side. Especially with a government adversarial to moving off of the fossil crap.
indeed