Understanding oil demand, oil prices and climate

Understanding oil demand, oil prices and climate / Mark Jaccard, Sustainability Suspicions, 31/01/2015

http://markjaccard.blogspot.fr/

It is amazingly difficult to get people to understand that if humanity acts seriously to reduce CO2 emissions, the price of oil would fall to very low levels – and stay there. In this op-ed in the Globe and Mail in December 2014, I explain the competitive drivers of oil prices, and why these prices have been really low for most of the past 100 years, even though human self-deception has most people thinking otherwise. In future op-eds and blogs I will present our research of the last two years on the path and level of the price of oil…

Danièle Revel

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