The American epoch of oil is collapsing. What comes next could be ugly. Guardian  Jonathan Watts 17 May 2026 Farewell,” the flag-waving Chinese children chanted to Donald Trump as he strolled along the red carpet back to Air Force One at the end of his summit with Xi Jinping in Beijing. The US leader claimed he was leaving with a cluster of “fantastic” trade deals to sell US oil, jets and soybeans to China. That has not been confirmed by his smiling host, but one thing was crystal clear from the two days of meetings: the global balance of power is shifting, from the declining petrostate in the west to the rising electrostate in the east.

Trump flew home to chaos – war with Iran, surging gas prices, spectacular unpopularity, friction with former allies and a 20th-century policy of “energy dominance” that seeks to turn back the clock, use tariffs and military threats to open markets, and enrich his supporters in the fossil fuel industry. The long dominant superpower increasingly appears a malignant force as it pushes the world towards ever greater turbulence. Xi, meanwhile, presides over a country that has invested more than any other in renewable energy, which has helped to buffer its economy from the gas price shocks caused by the conflict in the Middle East, while opening up huge new export markets for solar panels, wind turbines, smart grids and electric vehicles. While the Chinese president’s Communist party still faces criticism for its suppression of dissent, its soft power deficit no longer seems so great when its main global rival is killing protesters at home and bombing schoolchildren overseas.

Future historians may well see the Iran war as the moment the US unwittingly ceded leadership to China..... Why is this happening now? Tempting as it is to blame these global shifts on a single malignant narcissist in the White House, a more useful – and maybe even hopeful – analysis needs to take into account the tectonic changes that are shaking not just the foundations of politics, but the very nature of human power, as the world shifts from molecules to electrons.History has proven that when the dominant form of energy changes, there is often a shift in the global pecking order. We are now in the midst of one such transition as the epoch of petrol, predominantly produced in the United States, Russia and Gulf states, starts to give way to an era of renewables, overwhelmingly manufactured in China. But the outcome remains contested, and the process could be ugly. The new energy order is winning the economic and technological battle – wind turbines and solar panels were already producing record-cheap electricity even before the Iran war pushed up the costs of gas and oil-fired power plants. But the old petro-interests still have political, military and financial might on their side, and they are using that to try to turn back the energy clock. As a result, democracies across the planet are now threatened by what might be called fossil fuel fascism – an extremist political movement that breaks laws, spreads lies and threatens violence in an increasingly desperate attempt to maintain markets for oil, gas and coal that would otherwise be replaced by cheaper renewables.

Of course, there are multiple other, overlapping reasons for the war against Iran: its nuclear program, Trump’s need for a distraction from the Epstein files, and his willingness to adopt positions favourable to Israel’s Benjamin Netanyahu, Russia’s Vladimir Putin and Saudi Arabia’s crown prince, Mohammed bin Salman, to name a few.

But the wider context is that the Earth is becoming a more hostile environment for humanity. This is driving up tensions, exposing economic limits that have been ignored for centuries and redefining geopolitical realities. Who is actually winning? In the short term, the biggest windfall from the Iran conflict has gone to companies, executives and shareholders in the US petroleum industry – a major source of campaign funding for Trump – that was struggling with low prices and a production glut at the start of the year, but is now enjoying a spectacular revenue surge while rival suppliers in the Gulf are choked by threats in the strait of Hormuz. Along with Russian and Saudi Arabian petro-companies, US energy suppliers look set to cash in for months to come, even as consumers pay more at the pumps. At the same time, the war is forcing countries across the world to explore ways to increase their energy independence. In the next few years, that will happen by increasing domestic production of oil, gas and coal. By one reckoning, this has increased the likely 2030 output of fossil fuels by a fifth – an alarming setback for global efforts to reduce greenhouse gas emissions, and a victory for the petroleum industry and the far-right political groups it funds. But that will not be the final reckoning of this war, which has reinforced the argument for both renewable energy and a concurrent shift in geopolitical alignments. With major oil and gas producers now led by ever more erratic and menacing authoritarian leaders, other countries are looking for alternative ways to generate power. Electric cars, for example, have never been more in demand.

The prime beneficiary is China, which suddenly appears a relative oasis of pragmatic, internationally minded diplomacy and energy independence. Beijing’s bet on renewable power and EVs over the past two decades is paying enormous dividends. Not only has this made it less reliant on fuel imports, it now has a wind, solar and battery export industry that looks set to dominate global markets for many decades to come. Future historians may well see the Iran war as the moment the US unwittingly ceded leadership to China. If so, it would not be the first time that a change in the world’s energy matrix led to a reordering of the political hierarchy of nations. When humankind taps new power supplies, new empires rise and old ones fall. Realignments tend to be violent.

How empires fall.....One of the cornerstones of geostrategic thinking since the start of the Industrial Revolution, 250 years ago, is that the country that controls energy supply controls the world. For most of the past century, that has centered on oil.“Oil has meant mastery through the years,” wrote Daniel Yergin in his Pulitzer prize-winning book about the decisive role of energy in world politics, The Prize: The Epic Quest for Oil, Money, and Power. Yergin argues oil was a primary reason why Germany invaded the Soviet Union during the second world war, and motivated Japan to attack the US at Pearl Harbor. It was why the US launched Desert Storm to thwart Iraqi’s seizure of Kuwait, which would have given Saddam Hussein control over the planet’s most abundant oil supplies. It explained former US president Barack Obama’s comment that energy was “priority number one” for his administration. Earlier this year, it was a primary justification by Trump and other US officials for invading Venezuela, which has the world’s biggest untapped reserves, and it is now a key factor in the war on Iran, which has the fourth highest supply.

We have entered the age of clean energy. Those who lead this transition will lead the global economy of the future- António Guterres. Not for nothing has the old joke been revived that the “US is a very fortunate country because everywhere it goes to bring freedom it finds oil.”.....But what is different today is the realisation that oil – once considered “black gold” – and other fossil fuels are now a toxic threat to the stability of the climate and the political world order. Now that cheaper, cleaner alternatives are available, the demand for these industrial fuels has to be artificially inflated, propped up by political lobbying, hefty subsidies, disinformation campaigns and military force. The most spectacular example of an energy transition completely upturning the world order was in the mid-19th century, when the coal-powered gunships of the Royal Navy shredded the fragile coastal defences of southern China to impose a market for the British empire’s most lucrative and unethical commodity: opium. Up to that point, Beijing had been the capital of the world’s biggest economy for most of the previous 2,000 years but its historic advantage in manpower and culture was being lost to fossil-fuelled engines and the spirit-sapping drug trade. The Daoguang Emperor was so deeply in denial about the changes reshaping the world that his actions stirred rebellion among his own people. His forces were crushed by the superior firepower of an industrialised adversary, ushering in an era of western dominance that became known in China as the “century of humiliation”......read on- a deeply insightful essay   https://www.theguardian.com/us-news/ng-interactive/2026/may/17/america-china-energy-oil-renewables

VERY BAD NEWS.....The Guardian view on Donald Trump and the climate crisis: the US is in reverse while China ploughs ahead. Editorial 2-15-2026  The president’s destructive policies enrich fossil fuel billionaires, while Beijing has bet big on the green transition. The world is closer than thought to a “point of no return” after which runaway global heating cannot be stopped, scientists have said.

Continued global heating could trigger climate tipping points, leading to a cascade of further tipping points and feedback loops, they said. This would lock the world into a new and hellish “hothouse Earth” climate far worse than the 2-3C temperature rise the world is on track to reach. The climate would also be very different to the benign conditions of the past 11,000 years, during which the whole of human civilisation developed.At just 1.3C of global heating in recent years, extreme weather is already taking lives and destroying livelihoods across the globe. At 3-4C, “the economy and society will cease to function as we know it”, scientists said last week, but a hothouse Earth would be even more fiery. The public and politicians were largely unaware of the risk of passing the point of no return, the researchers said. The group said they were issuing their warning because while rapid and immediate cuts to fossil fuel burning were challenging, reversing course was likely to be impossible once on the path to a hothouse Earth, even if emissions were eventually slashed.

It was difficult to predict when climate tipping points would be triggered, making precaution vital, said Dr Christopher Wolf, a scientist at Terrestrial Ecosystems Research Associates in the US. Wolf is a member of a study team that includes Prof Johan Rockström at the Potsdam Institute for Climate Impact Research in Germany and Prof Hans Joachim Schellnhuber at the International Institute for Applied Systems Analysis in Austria. Crossing even some of the thresholds could commit the planet to a hothouse trajectory,” said Wolf. “Policymakers and the public remain largely unaware of the risks posed by what would effectively be a point-of-no-return transition.

“It’s likely that global temperatures are [already] as warm as, or warmer than, at any point in the last 125,000 years and that climate change is advancing faster than many scientists predicted.”It is also likely that carbon dioxide levels are the highest they have been in at least 2m years......READ ON     https://www.theguardian.com/environment/2026/feb/11/point-of-no-return-hothouse-earth-global-heating-climate-tipping-points

Countries are responsible for roughly 5.5 per cent of total greenhouse gas emissions – more than the entire aviation and shipping industries combined. And because reporting is voluntary, the true figure is almost certainly higher.......read on      https://geographical.co.uk/news/how-do-wars-affect-the-environment