Oil at $100: How a Treasury Inflation Warning Could Supercharge Renewables
Australia's Treasury warns that oil price shocks from the US-Iran war and Red Sea attacks could spike inflation and slow growth. For the climate sector, the crisis exposes the hidden costs of fossil fuel dependency—but it may also accelerate the business case for renewables, electric vehicles, and energy independence.
Source: brisbanetimes.com.au · smh.com.au