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Thursday, 18 December 2014

Collapsing North Sea Oil?

See http://www.bbc.co.uk/news/business-30525539 .

If the continuing fall in oil prices results in a shift to carbon-neutral fuels, then this may be a blessing in disguise: for far too long we have subsidised fossil fuels whereas our focus needs to be on renewables.  I hope any who lose jobs in oil in the North Sea oil industry find alternative jobs fast in the renewables sector instead.

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