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2min chapter
Doomberg & Steve Keen: The Green New Deal and Energy Security
Forward Guidance
The Price of Oil Is the Key to a Rapid Decarbonization
At $200 that will you know destroy demand for oil but at the same time it will incentivize a ton of supply. I wouldn't be relying upon the price system or the market system here, I'd be saying nationalized a lot produce efficient for people's needs make it very expensive to buy have gas etc etc. But what we're doing right now is making a violent gas oil and coal companies extremely profitable. That's not what you want the money to go right now hey there.
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