Welcome to Carbon Brief’s DeBriefed. An essential guide to the week’s key developments relating to climate change. This week Crisis responses OIL SUPPLIES: The International Energy Agency (IEA) warned that oil supply disruptions will worsen in April due to the Iran war, reported CNBC. The outlet added that the IEA was considering another release of strategic oil reserves. Meanwhile, US exports of liquefied natural gas (LNG) reached an “all-time high” in March, with shipments to Asia more than doubling from the previous month, said Reuters. ‘SLOWER GROWTH’: The International Monetary Foundation (IMF) warned that “all roads lead to higher prices and slower growth worldwide” if the war continues to choke oil, gas and fertiliser supplies, reported the Guardian. The IMF said the UK and Italy were “especially exposed by their reliance on gas-fired power”, the newspaper added. EU PREPARES: The EU is considering “reviving energy-crisis measures” it used at the start of the Ukraine war, including “grid tariffs and taxes on electricity”, according to Reuters. France is considering new actions to electrify its economy and cut dependence on fossil imports, said Le Monde. Elsewhere, BBC News rounded up crisis responses from around the world – including fuel rationing, fuel tax cuts, home working and free public transport. COAL ‘SHORT-LIVED’: Some countries announced plans to delay coal-plant shutdowns. Italy plans to push back its coal-power phaseout to 2038, according to Reuters. Germany will review whether to reactivate reserve plants, reported Bloomberg. South Korea also extended three plants set to close this year,…
