Falling oil price a lull in the storm
August 21, 2008 | 00:00
Falling prices will relieve some of the pressure on consumers but complacency would be misplaced. This is a lull in the storm not a reversion to normality. The need for a transition to a more diversified, lower-carbon energy economy is as urgent as ever.
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Falling oil price a lull in the storm
Nick Butler, Centre for Energy Studies (Financial Times)
Falling prices will relieve some of the pressure on consumers but complacency would be misplaced. This is a lull in the storm not a reversion to normality. The need for a transition to a more diversified, lower-carbon energy economy is as urgent as ever.
Go to article
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