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Evolving Energy Dynamics
This chapter examines the historical fluctuations in energy prices, particularly influenced by the 1970s oil crisis, and projects a promising future for renewable energy sources like solar and wind. It discusses innovative energy storage solutions and the implications of changing consumption patterns, highlighting how these developments could reshape global energy landscapes and economic structures. The chapter emphasizes the urgency of transitioning from oil dependency as major producers prepare for less revenue, impacting geopolitical dynamics and agricultural productivity worldwide.