ST Alpha - "depends how you calculate it - if you link the low price of oil to the crisis, then there's an impact" (Reading a Post)

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In response to "probably minimal, if any. Won't have lasted long enough to have a profound effect. -- nm" by znufrii

depends how you calculate it - if you link the low price of oil to the crisis, then there's an impact

Posted by Roger More (aka RogerMore) Jan 28 '09, 09:35

Also, cheap financing is what makes a lot of innovative start-ups viable options. Without cheap financing, there may be a lot of enviro-friendly businesses that will never happen.

Negotiations on a new climate change treaty begin in Copenhagen next year. If the economic downturn continues, the incentive for governments to negotiate emissions reductions are going to be a lot lower.

So there are three examples - they're all incalculable, but they would all have a big impact

Responses:

Your second point is of a piece with the article I linked. - znufrii Jan 28, 09:38 2
- What I read was that subsidies, etc won't make much difference and a price on carbon is needed - Roger More Jan 28, 09:49 1
  - agreed. -- nm - znufrii Jan 28, 09:51
to add - my point on the low price of oil isn't about direct emissions, but the impact it has on incentives to develop cleaner fuels, more efficient.. - Roger More Jan 28, 09:38 1
- we've already seen that come and go, with the spike in oil prices receding as quickly as it has. -- nm - znufrii Jan 28, 09:39

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depends how you calculate it - if you link the low price of oil to the crisis, then there's an impact

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