It's been more than three months since the US attacked Iran, leading to the closure of the Strait of Hormuz that carries 20% of the world's oil and gas. The shock to energy markets has been so intense that some countries are taking longer-term measures to cope. This week on Zero, Akshat Rathi and Peter Guest explore the history of policy responses to energy shocks and what’s different in the 2020s.

• Read Akshat's feature article here: https://www.bloomberg.com/graphics/2026-energy-transition-iran-war

Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Sommer Saadi, Mohsis Andam, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.

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At COP28 in December 2023, the world committed to transitioning away from fossil fuels. Yet in the years since, there’s been little progress. A meeting in Colombia last month hoped to change that, gathering ministers and climate envoys from 57 countries to try and chart a path to end the use of fossil fuels. This week on Zero, Tzeporah Berman, chair of the Fossil Fuel Non-Proliferation Treaty Initiative, tells Akshat Rathi what the conference achieved and where it goes next.

Explore further:

• Fossil Fuel Treaty Initiative website
• First Conference on the Transition Away from Fossil Fuels
• Countries Draw Up Next Steps to Decarbonize at Colombia Fossil-Fuel Summit
• Climate Negotiators Meet in Santa Marta to Discuss Fossil Fuel Transition - Bloomberg

Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Sommer Saadi, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.

See omnystudio.com/listener for privacy information.

Reform UK is currently the most popular party in Britain. If voted into government, it wants to end all subsidies for renewable energy, ban battery energy storage, end net-zero targets, drill for more oil and gas in the North Sea and encourage fracking on British soil.

This week on Zero, Akshat Rathi asks Reform’s deputy leader Richard Tice about the party’s climate and energy plans, and why he calls it “net stupid zero.”

Explore further:

• Read the full annotated transcript of this conversation
• Worst Start to Wildfire Season Raises Alarm as El Niño Threatens
• Scientists Ditch Worst-Case Climate Scenario For Good Reasons

Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Sommer Saadi, Mohsis Andam, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.

See omnystudio.com/listener for privacy information.