Oil price crash won’t hurt renewable sector
Initial Publication Date: April 29, 2016
Summary
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Provenance: Eli Maynard
Reuse: This item is offered under a Creative Commons Attribution-NonCommercial-ShareAlike license http://creativecommons.org/licenses/by-nc-sa/3.0/ You may reuse this item for non-commercial purposes as long as you provide attribution and offer any derivative works under a similar license.
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
