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Home > Jobs & Education > Can Covid-19 Induced Fall In Oil Prices Act To Break The Global Carbon Lock-In?

Can Covid-19 Induced Fall In Oil Prices Act To Break The Global Carbon Lock-In?

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Juliusamanor | 12:53 Wed 27th May 2020 | Jobs & Education
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Can COVID-19 induced fall in oil prices act to break the global carbon lock-in?
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Avatar Image Old_Geezer
Is carbon in lockdown too ?
Because a hot group of them are gathering on the beach determined to start a barbecue !
12:56 Wed 27th May 2020
Avatar Image ToraToraTora
Generally when the price of something falls it's because supply exceeds demand and thus the now cheaper commodity is more attractive to the potential consumers of said commodity so I'd say the answer to your question is no, in fact it'll will re-enforce the GCL.
13:10 Wed 27th May 2020
Avatar Image woofgang
what's a global carbon lock-in?
13:20 Wed 27th May 2020
Avatar Image ToraToraTora
https://en.wikipedia.org/wiki/Carbon_lock-in
13:51 Wed 27th May 2020
Avatar Image woofgang
oh ok. No.
13:57 Wed 27th May 2020

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