A wide-ranging discussion with leading climate economist Richard Tol
Power Hour with Alex Epstein
00:00
Why Energy Prices Are So High
The demand for fuel has simply increased much faster than anybody dared dream a six or nine months ago. The reason that there is so little shale in europe has not so much to do with climate policy. But those thost oil and gas ll do be closer toe people, therefore are more problematic. So if you're a farmer and may find your fielt under the ground, you won't get all the money because you'll have trouble getting it back. And i don't know who made that decision a that person or person should really be ashamed of himself. That explains why the guess sprices are so high at the moment.
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