Why Barclays Is Warning of Stranded Renewable Energy Assets
Also: Bloomberg Economics models what the war in Iran could mean for inflation
Companies trying to connect renewables to the grid are already facing bottlenecks. But if the problem persists, there’s an increasing risk that some clean power projects could become obsolete. That’s the warning from Barclays bankers in today’s newsletter.
Plus, why rising energy prices tied to the war in Iran could create a global inflation shock, according to modeling by Bloomberg Economics, and a warning from Singapore that war can heighten climate change impacts. Subscribe to Bloomberg News to get the latest on how the Middle East conflict is impacting energy markets.