Over a barrel? Falling oil prices and the environment – New Scientist

Over a barrel? Falling oil prices and the environment – New Scientist.

IS THE recent oil price crash good or bad for the environment? For years, environmentalists have been seeking carbon taxes and other measures to ratchet up oil prices to encourage us on to a clean-energy path. But some are now hailing the recent price crash as good for the environment, because it could fatally weaken big oil and its hold on the world’s energy system. You could be forgiven for being confused.

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<i>(Image: Andrzej Krauze)</i>

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