Paul Krugman – „In Batteries We Trust“ – Eine Pause für gute Nachrichten

> The war goes on, and so does the global energy crisis. In fact, I believe that prices of oil futures remain too low given how much spot prices will need to rise to resolve the shortages that will hit once oil supplies that were shipped before the Strait of Hormuz was closed are exhausted.

> But a better future is coming, despite Donald Trump’s assault on renewable energy as he tries to drag us back into the fossil fuel past. Regardless of Trump’s chest-thumping, America is not the world. We account for only 15 percent of global energy consumption, compared with China’s 28 percent. And the rest of the world is moving rapidly to renewables, thanks to a technological revolution in solar power, wind power, and, less visibly, batteries.