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Oil price crash won’t hurt renewable sector

Megan Darby
Initial Publication Date: April 29, 2016

Summary

Saudi Arabia's plans to build 41GW of solar power by 2032 could be hit by the slumping oil price.

Other oil-producing nations that burn oil for power, plus developing countries that use diesel generators, will have less incentive to switch to cleaner sources.

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References and Resources

Citation

Darby, M. (2014). Oil price crash won't hurt renewable sector. Retrieved from http://www.camelclimatechange.org/view/casestudy/549c45f00cf2a51e13d148b9