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Why We Can’t Just Stop Oil

Why We Can’t Just Stop Oil

FromEconomics Explained


Why We Can’t Just Stop Oil

FromEconomics Explained

ratings:
Length:
16 minutes
Released:
Mar 25, 2024
Format:
Podcast episode

Description

Oil and GDP are closely linked together, with the more oil consumed by a country generally meaning the higher the GDP of that country. With that said, energy costs of solar, wind and other technologies have come down substantially in recent decades meaning that "clean" solar power is actually one of the cheapest ways to generate electricity over its lifespan. So why haven't we switched completely over to solar? Well, it's not that easy.
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Released:
Mar 25, 2024
Format:
Podcast episode

Titles in the series (100)

On Economics Explained, we take a look at interesting countries, policies, and decisions from the point of view of an economist. The world is an interesting place and we hope to uncover some of this intrigue in our short, informative podcasts.