The worst energy policy in the world.

Abstract

The Iran war could serve as a turning point in accelerating the global transition away from fossil fuels: Every additional day that oil and gas prices are high and future supplies are uncertain, wind and solar power-cheaper and more scalable than ever before-grow all the more appealing. But nearly half of the world's countries have adopted emergency subsidies that research shows will make this transition slower, more expensive, and less equitable.