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Energy economics

Cheap oil slows climate mitigation

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Oil prices are notoriously tricky to predict. This uncertainty could slow climate mitigation unless policymakers implement stringent climate policy.

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References

  1. Klevnäs, P., Stern, N. & Frejova, J. Oil Prices and the New Climate Economy (The Global Commission on the Economy and Climate, 2015); http://go.nature.com/1UtG2Jx

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  2. Tokarska, K. B., Gillett, N. P., Weaver, A. J., Arora, V. K. & Eby, M. Nature Clim. Change http://dx.doi.org/10.1038/nclimate3036 (2016).

  3. McCollum, D. L. et al. Nature Energy 1, 16077 (2016).

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  4. Synthesis Report on the Aggregate Effect of the Intended Nationally Determined Contributions FCCC/CP/2015/7 (UNFCCC, 2015).

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Authors and Affiliations

  1. Laurent Drouet is at the Fondazione Centro Euro-Mediterraneo sui Cambiamenti Climatici, Corso Magenta 63, 20123 Milan, Italy, and at the Fondazione Eni Enrico Mattei, Corso Magenta 63, 20123 Milan, Italy,

    Laurent Drouet

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  1. Laurent Drouet
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Correspondence to Laurent Drouet.

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Drouet, L. Cheap oil slows climate mitigation. Nature Clim Change 6, 660–661 (2016). https://doi.org/10.1038/nclimate3064

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