Opec appears to be the latest casualty of the Iran war\. On Tuesday, the United Arab Emirates... (opens in new tab)

The world must accelerate the shift to renewables, regardless of the economic effects of Abu Dhabi’s decisionOpec appears to be the latest casualty of the Iran war. On Tuesday, the United Arab Emirates announced that it was leaving the oil cartel after 60 years. The loss of a critical member is a blow to the group and its de facto leader, Saudi Arabia, in the midst of the biggest supply crisis in history.This is a geopolitical decision, not merely an economic one. The UAE has built itself int...