Russia’s invasion of Ukraine has the potential to accelerate the global shift to green energy in the long run, but as for the short-term it will have huge consequences on energy price and market structures.
Also with all the sanctions given president putting will really affect their their Economy.
Please share with me if you have more knowledge about the impart of the crisis on both countries economy after the war.
Such invention is very expensive. They have done a lot to leave renewable energy but no other source of energy produces such heat energy etc at a low cost like crude oil. Asides that, a school thought debated the alternative to crude oil as economic asset, that determine the value of currency and exchange among countries. Before crude oil, there was salt and gold, so what will replace it on the global market?