In its recent report, the IPCC underlines that immediate and large emission reductions are needed to limit global warming to 1.5 degree Celsius above pre-industrial levels. This means that there is no more room for any added fossil fuel infrastructure in the world. If emissions continue, unchanged global warming will surpass 2.8 degree Celsius at the end of this century. In other words, from a climate perspective, the transition to renewable energy must happen fast. The outbreak of Russia’s war in Ukraine, however, has turned Europe’s energy politics upside down. Energy prices have surged and the role of energy in geopolitics have become painstakingly clear. These events affect citizens across Europe as well as firms, states, and industries. Yet, how the crisis will affect the transition to renewable energy is less certain.
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