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Reports by Geoffrey M. Heal • October 15, 2015
The dramatic fall in oil prices since mid-2014 has raised questions about whether the availability of cheap crude could derail the movement toward lower carbon energy sources, which has been gathering momentum in the last decade and is important to the stabilization of the world’s climate. In a new paper for the Center on Global Energy Policy, Dr. Geoffrey Heal, Donald C. Waite III Professor of Social Enterprise at Columbia Business School, and his co-author Karoline Hallmeyer explore the ways in which oil competes with renewable fuels and examine the impact a lower oil price environment may have on them. The key findings are below and the full study is available here (PDF).
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Key Findings:
While Iran's first direct attack using missiles and drones against Israel on April 13 did not incur significant damage to military sites or, more importantly, civilian casualties, it...
After a wobbly first half of 2023,[1] when crude oil prices were affected by a banking crisis in the United States and the prospects of a recession in...
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Reports by Geoffrey M. Heal • October 15, 2015