Wall Street Meltdown Spells Disaster for Energy, Environment Too
The financial markets unraveled so rapidly last week, it’s still hard to process all the developments and likely consequences. But there’s no doubt that events on Wall Street carry serious implications for our energy and environmental future as well.
I can’t wrap my head around all the pieces yet (and I’m not sure if I’ll ever be able to), but here are some random thoughts about what the market meltdown might mean for oil prices, oil production, renewable energy development and climate change:
