It's interesting how rising risk makes capital flee. For example why[1] build a lot of fresh refining capacity if your suppliers are highly doubtful?  The lack of capital makes the whole chain of energy supply more shaky.  Then if you wack it with a bit of mother nature, political insablity, or an economic storm you discover it's not very resilient.

I think all these sources of risk tend to balance out.  No one of them gets to lead the parade; because if one gets in front the others get underfunded until they catch up.

How that for meta-pesimism :-)!

[1] Parenthetically the answer to that is: Because the government[2] covered all our risk.  That seems to be what is happening in the nuclear power industry.

[2] Which happens at least to some extent because the industry in question goes an talks up how it's far to risky for them to even consider doing what's needed without subsidies.