The Fossil Fuel Renaissance

Renewables aren’t the only energy source on the up in response to the Russian invasion of Ukraine, as countries are now looking to fossil fuels that many previously turned their backs on following the pandemic. As governments around the world look to rapidly diversify their energy mix to enhance their energy security, many may come to rely on fossil fuels, such as coal, once again.  In recent weeks, coal prices have soared alongside oil and gas prices for fear of potential shortages. And the crisis in Ukraine could mean that coal prices…