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Russian War Is Actually Reducing Fossil Fuel Use, Study Says

  • Rising fuel prices reduced power emissions even as demand grew
  • Countries are investing in more new renewable generation

Russia’s invasion of Ukraine has accelerated clean energy investments and reduced coal and gas power use, according to a new report that puts a counterintuitive spin on how the war is impacting the global energy crisis.

While global power demand in the first half of 2022 grew by about 2.5% over the previous year, emissions fell by about 1% thanks to the drop in fossil fuel generation, S&P Global Commodity Insights said. Coal consumption by power plants dropped 1.2% and gas saw a small decline during the period, compared with a 17% jump in wind and solar output.