Surveillance: Recession Risk with Dudley (Podcast)
Bloomberg Surveillance
00:00
Is the Case for Higher Oil Prices Simply a Burgeoning Population in Emerging Markets?
We don't just arrive at a moment in which we are entirely relying on clean energy. You still need fossil fuels there as a back stop, because many of these clean energy sources are intermittent by nature. It's the aspirations that many people in emerging markets and developing economies have er for the life styles that that we have in many advanced economies. That is going to drive developments in the energy sector for many years to come.
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