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Catching up: Politics, European Energy Conservation and Oil Markets

ARC ENERGY IDEAS

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The Do Nothing Option, Peter?

There's also the option to do nothing, which I think is probably a pretty reasonable option because as you say, the global economy is slowing. And if there is a recession, the demand may even be lower than people think and actually prices may be pretty moderate anyway. But of course, that's not the palatable solution given the clash with the climate change imperative.

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