Low oil prices are bad news for climate change

Le Page, Michael
January 2016
New Scientist;1/16/2016, Vol. 229 Issue 3056, p10
The article discusses the negative implications of low oil prices on climate change mitigation efforts, suggesting that cheaper fossil fuels encourage consumers to use them more which could result in higher emissions and reduced investment in renewable energy. It presents the insight of economist Ottmar Edenhofer of the Mercator Research Institute on Global Commons and Climate Change in Berlin, Germany on the coal renaissance and carbon pricing as the possible solution to the problem.


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