OPEC Needs Low Oil Prices Because it Keeps Alternative Energy Down
by O.Suzannah on Aug.17, 2010, under heat, solar air, solar cooling, solar electric, solar water
Low Enough to Keep Competition Away
The Atlantic has a good piece about OPEC, everybody’s least-favorite cartel. It shows pretty clearly why OPEC is probably the most effective enemy of renewable energy. The way they do it is by going against their short-term interests and keeping oil prices relatively low (at least low compared to the kind of prices they could create if they choked off supply more) to assure their long-term market-share and keep alternatives to oil down….Read the full story on TreeHugger
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