The Winners and Losers of Energy Transition - The Green Line - Ep 5
The Red Line
00:00
The Problem With Oil Revenues
With petrosates like Venezuela or Angola, their governments looked at that dollar and knew that by investing in the oil sector, it would net them five. But what happens when you have no more all money coming in and every other sector of your economy is in tatters? That situation is a fast approaching reality for states like Angola or Nigeria. What happens to these countries when the oil revenues stop and how would this sudden shock to the system spill out into the regions around them? Would have answered that, we turn to our third guest.
Transcript
Play full episode
