05 Jun 2026, 10:57

In brief | 5 June ‘26

Bloomberg: Iran shock jolts Asia and Europe to speed up energy transition

From the Yom Kippur war to Russia’s attack on Ukraine, history shows that major events in the oil and gas markets can drive enduring changes to the global energy mix, as governments and consumers look for new, more stable sources.

IEEFA: One hundred days of disruption: How the Iran war exposes Europe’s energy vulnerabilities

The EU may have realised that its 2022 decision to boost LNG imports is no longer sustainable, says US-based Institute for Energy Economics and Financial Analysis (IEEFA).

Electrive: Ireland announces €10m scrappage scheme to replace old car with EV

Applicants could receive up to 5,000 euros in addition to other grants if they agree to scrap an internal combustion engine vehicle registered in 2013 or earlier.

Institute for Climate Economics: The State of Europe’s Climate Investment – 2026

After surging in 2022 in response to the energy crisis, climate investment has since stagnated, reflecting a broader lack of long-term investment planning, report finds.

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In brief | 5 June ‘26

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