236 Nations Boost Energy Security by Transitioning to Renewables
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📰 The quick summary: Transitioning to clean energy by 2060 will strengthen energy security for 70% of countries globally by reducing dependency on imported fossil fuels.
📈 One key stat: Trade risks would fall by an average of 19% in net-zero scenarios if countries maintain current networks, and could be cut in half if nations expand their trade partnerships.
💬 One key quote: “Most people are focused on the new stuff that could be a problem, and not really considering the security benefits of moving away from fossil fuels,” said Steve Davis, senior author of the study.
1️⃣ The big picture: A groundbreaking new study published in Nature Climate Change reveals that moving away from fossil fuels toward clean energy would improve energy security for most nations worldwide. The research analyzed 236 countries across over 1,000 scenarios for achieving net-zero emissions by 2060. While transitioning to renewables requires critical minerals like lithium and cobalt, the reduced dependence on imported fossil fuels outweighs these new material needs for most countries. Even fossil fuel-rich nations like the United States could see enhanced energy security through decarbonization, particularly by diversifying trade partnerships.
2️⃣ Why is this good news: Moving to clean energy brings major security benefits by reducing reliance on volatile fossil fuel imports. Most countries can strengthen their energy independence through decarbonization, even those currently dependent on fossil fuels. The transition creates opportunities to build new, more stable trade relationships focused on renewable technology materials. Enhanced recycling of critical minerals could further decrease trade risks – for example, quadrupling current recycling rates could reduce US trade risks by over 50%. Overall energy security improves as countries diversify their energy sources rather than remaining heavily dependent on fossil fuels.
3️⃣ What’s next: Countries need to rapidly scale up renewable energy infrastructure while developing new trade partnerships for critical minerals. Improving recycling capabilities for materials like lithium and cobalt will be crucial for reducing import dependencies. Nations should aim for diverse energy portfolios rather than over-relying on single sources. The US specifically should work toward an optimal mix of 70-75% renewables, 10% nuclear, and 15-20% fossil fuels to minimize trade risks by 2060.
Read the full story here: EcoWatch – Decarbonization Improves Most Countries’ Energy Security: Study
