Do we want to keep fixing the same issue? Unlearned lessons from the first big oil crisis

As energy prices tripled in the 1970s due to Middle Eastern wars, Scandinavia, France and the Netherlands sped up green transition When Middle Eastern wars sparked an oil crisis in the 1970s, tripling energy prices and throwing economies into chaos, some countries looked beyond short-term solutions. The French made nuclear the pillar of their power system. Scandinavians insulated buildings and funnelled waste heat into homes. The Dutch built bike lanes where others wanted motorways. The Danes...

By Ajit Niranjan