Iran war an 'abject lesson' on fossil fuel dependence, UN climate chief says


FILE PHOTO: Smoke billows from a chimney at a combined-cycle gas turbine power plant in Drogenbos, Belgium January 16, 2024. REUTERS/Yves Herman/File Photo

BRUSSELS, March 16 (Reuters) - ⁠The disruption to energy markets caused by the Iran war is an "abject ⁠lesson" in the risks of relying on fossil fuels, and underscores the ‌case for governments to wean their economies off oil and gas, the U.N. climate secretary will tell EU policymakers on Monday.

While geographically far from the crisis in the Middle East, the European Union has felt ​its disruption through surging global energy prices. European gas ⁠prices have jumped by 50% ⁠during the two-week war.

"Fossil fuel dependency is ripping away national security and sovereignty, and replacing ⁠it ‌with subservience and rising costs," Simon Stiell, Executive Secretary of the U.N. climate change arm UNFCCC, will tell EU officials and government ministers at ⁠an event in Brussels.

"Europe is more reliant on fossil fuel ​imports than almost any ‌other major economy," Stiell will say, in prepared remarks that warned reliance on ⁠fossil fuels was ​leaving consumers "at the mercy of geopolitical shocks and price volatility".

The EU imports more than 90% of its oil and 80% of its gas.

EU leaders are hurriedly drafting emergency measures to ⁠shield consumers from the energy price spike, and avoid ​a repeat of Europe's 2022 energy crisis, when Russia slashed gas deliveries, sending prices to record highs.

In the longer term, the European Commission says its climate change strategy to ⁠replace fossil fuels with locally-produced renewable and nuclear energy will secure countries' energy security, and cut them free from volatile fuel prices.

But governments including Italy and Hungary are urging Brussels to weaken its climate change policies, to provide short-term cost relief for industries.

Stiell ​will warn doing this would be "completely delusional" and argue ⁠the shift to renewable sources like wind and solar power means cheaper energy, jobs in ​clean-technology industries, and secure supplies.

"Meek dependence on fossil fuel ‌imports will leave Europe forever lurching from ​crisis to crisis," Stiell will say.

"Renewables turn the tables. Sunlight doesn’t depend on narrow and vulnerable shipping straits."

(Reporting by Kate Abnett; Editing by Elaine Hardcastle)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Canada unveils strategy to boost nuclear energy development
Ukraine may recalibrate its offer of ceasefire with Russia, envoy tells UN
Urgent: France vs Iraq delayed by thunderstorms alert in Philadelphia
North Korea's Kim says the country to exercise its position as nuclear state, KCNA reports
UNAIDS chief urges US to reconsider South Africa funding cut
Romanian parliament rejects PM-designate Adrian Vestea's government
Syria has made no progress on Sweida reintegration plan, UN says
Extreme heatwave expected to sweep Poland this week
Violence continues in Gaza, fuel shortages affect services: UN
U.S. stocks close mixed

Others Also Read