From the current edition of “Energy Matters” from the American Energy Society: There is a correlation between oil prices and geopolitical unrest: low prices creates tension; conversely, tension can lead to contracting supply and rising prices.
Tag: externalities associated with fossil fuels
The Environmental and Financial Costs of Petroleum-Related Disasters
In our discussions of the externalities associated with fossil fuels, we sometimes leave out the cost of cleaning up disasters, e.g., oil spills. For those wishing to see some sort of quantification of the problem, here is a map displaying …
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