Month: June 2008

  • More oil price speculation

    Back in February, I wrote that “oil prices will continue to rise until they have suppressed demand back to match supply”, and forecast a headline barrel price of $120 in June and $145 at year end. Now it’s June and $139.69, what’s next?

  • Is it politically possible to avert dangerous climate change?

    The Stockholm Network’s Carbon Scenarios describe 3 plausible futures resulting from 3 different approaches to climate policy at the international level. Worryingly, none of the scenarios provides a policy which achieves climate ‘success’ as defined by the UK, EU and UN (a greater than 90% chance of no more than 2°C warming above preindustrial levels).