Can our economy survive high oil prices?
Writing about web page http://www2.warwick.ac.uk/newsandevents/audio/?podcastItem=oil.mp3
With oil prices hitting record highs, questions are being asked as to how long the global economy can survive the rising cost of one of its most fundamental resources. Are low oil prices necessary for prosperity or will the high price of oil force economies to diversify their energy supply and address the issues of global warming?
Professor Andrew Oswald is an expert on the economics of Oil and its influence on global trade and employment.
Tom Abbott
04 May 2006 09:11
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Tags: Podcast
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Christopher Hinds
Thanks for the link Tom, very interesting.
04 May 2006, 12:25
Tom Abbott
I hope so.
Interesting to compare Andrew's take with that of Catherine Mitchell and Bridget Woodman – link
04 May 2006, 12:57
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