𝔖 Bobbio Scriptorium
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High oil prices to change flow control market

Book ID
104398214
Publisher
Elsevier Science
Year
2005
Tongue
English
Weight
45 KB
Volume
2005
Category
Article
ISSN
1359-6128

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✍ Marc Vielle; Laurent Viguier πŸ“‚ Article πŸ“… 2007 πŸ› Elsevier Science 🌐 English βš– 146 KB

Some commentators claim that the oil market has achieved within a few months what international bureaucrats have struggled to obtain in a decade of international climate negotiations. The fallacy of the oil price argument is that substitutions and income effects that would result from higher oil pri