The term “Energy Race” refers to the competitive pursuit of advancements and dominance in energy technologies and resources among countries, companies, or organizations. This may involve the development of renewable energy sources, improvements in energy efficiency, and innovations in energy storage and transmission. The Energy Race is often driven by the need for energy security, economic growth, and the transition to sustainable energy systems in the context of climate change. It highlights the global strategic competition to lead in energy solutions that will shape future economies, geopolitical relationships, and environmental policies.
As the world grapples with climate change, a significant shift is underway. **The way wealthy nations handle their economies is changing dramatically.** Events like the COVID-19 pandemic and geopolitical tensions…