Michael Shellenberger: ‘The main cause of energy shortages is the under-investment in oil & gas exploration driven by climate activism’
October 28, 2021
tags: gas, oil
By Paul Homewood
Michael Shellenberger goes to the heart of the energy crisis:
Many are blaming the post-covid economic boom for today’s energy crisis, but the main cause of energy shortages, rising coal use, and higher emissions is the under-investment in oil & gas exploration driven by climate activism
Over the last decade, climate activists have successfully pressured governments, banks, and corporations to divest from oil and natural gas companies. At first such efforts appeared to be strictly symbolic.
But in recent years years climate activists succeeded in driving public and private investment away from oil and gas exploration and toward renewables. The result is the worst energy crisis in 50 years.
https://notalotofpeopleknowthat.wordpress.com/2021/10/28/michael-shellenberger-the-main-cause-of-energy-shortages-is-the-under-investment-in-oil-gas-exploration-driven-by-climate-activism/
