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If the Middle East is a threat the easiest solution is switching to renewable energies. Many of the wars in the Middle East can only be fought because of money
by dx034 8y ago
If the Middle East is a threat the easiest solution is switching to renewable energies. Many of the wars in the Middle East can only be fought because of money coming from oil. Any increase in renewable energy lessens that.
That is, to a certain degree, also true for Russia. Revenues for NAtural Gas and Oil are crucial for the state, they'd have to cut expenses significantly if oil prices were back at $30/bbl for more than just a few years.